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Revelations that Silvergate has $4.3 billion in Home Loan bank advances highlight another conduit by which the crypto winter could spread to the broader financial system.
January 10
American Banker -
The San Francisco bank is concentrating its efforts in Denver, Los Angeles and San Francisco.
January 10
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Rep. Katie Porter, D-Calif., a protege of Sen. Elizabeth Warren, D-Mass., would add a sharp progressive voice to financial policy debates in the Senate.
January 10
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Challenger banks and apps such as Zeta, Onward and Nerve are helping people manage complex financial relationships beyond simple joint accounts.
January 10
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The Federal Reserve governor urged regulators not to squeeze crypto activities into non-regulated spaces. She also discussed policies for payments and Community Reinvestment Act reform.
January 10
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The green light from the FDIC marks the end of the acquisition's final regulatory hurdle. The banks expect the deal to close by the end of February.
January 10
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President Biden asked Treasury Secretary Janet Yellen to stay in her post, and she agreed, a White House official familiar with the matter said.
January 10
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The embattled crypto-service bank got a lifeline of liquidity in the fourth quarter of 2022 from the Federal Home Loan Bank System, raising new questions about both the Home Loan banks' purpose and crypto contagion.
January 10
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Sustainability and climate change continue to impact the business decisions of banks and fintechs looking to advance their green banking credentials.
January 10
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4Front Credit Union in Traverse City has agreed to buy Old Mission Bank in Sault Sainte Marie. There were 16 such acquisitions announced in 2022.
January 10
