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Tag: deposit

Heartland Tri-State Bank closed by U.S. regulators

wangxiao07/30/20230

NEW YORK, July 29 (Xinhua) — U.S. federal regulators closed Heartland Tri-State Bank after it failed on Friday, the fifth bank failure in the country this year.
The bank, located in Elkhart, the stat

Experts: Yuan to be defended if necessary

wangxiao07/07/20230

File photo shows a worker counts Chinese currency renminbi at a bank in Lianyungang, East China\’s Jiangsu province. [Photo/Xinhua]
Currency faces pressure amid Fed rate hikes, slowing economic rebound

European Central Bank slows pace of rate hikes amid lowering yet sticky inflation

wangxiao05/05/20230

Pedestrians walk on a business street in Brussels, Belgium, Jan. 3, 2023. (Xinhua/Zheng Huansong)
The European Central Bank decided on Thursday to lift main interest rates by another 25 basis points i

U.S. First Republic Bank reports poor Q1 results amid deposit outflows

wangxiao04/25/20230

NEW YORK, April 24 (Xinhua) — First Republic Bank, a U.S. regional bank headquartered in San Francisco, saw a substantial deterioration in business in the first quarter (Q1) following last month\’s ba

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