BEIJING, April 5 (Xinhua) — The saga of U.S. government-and-business collusion and special interests hijacking policies has again captured global headlines as three American banks went under last mon
Tag: SVB
SVB collapse, Credit Suisse crisis pose no risk to Spain\’s banks: expert
MADRID, March 16 (Xinhua) — The chair and chief executive officer of the Spanish Banking Association (ABE), Alejandra Kindelan, on Thursday assured that there was \”absolutely\” no risk of contagion fr
Customers line up to withdraw money at SVB
Customers stand in line outside Silicon Valley Bank (SVB) headquarter to withdraw money in Santa Clara, California, U.S., March 13, 2023. (Photo: China News Service/Liu Guanguan)Customers at Silicon V
U.S. regulators close New York\’s Signature Bank following Silicon Valley Bank collapse
NEW YORK, March 13 (Xinhua) — New York-based Signature Bank, a key lender in the crypto industry, was shut down Sunday by state regulators over a \”similar systemic risk exception,\” the U.S. Treasury