Report: Shanghai Bank Mulls Buying Silicon Valley Bank’s Stake in Chinese Subsidiary
According to reports, Shanghai Pudong Development Bank may acquire the China-based subsidiary of Silicon Valley Bank (SVB). Authorities in the Chinese city of...
SWIFT Moves To Second Phase Of CBDC Testing After Successful Test Run
Inter-bank messaging system SWIFT is set to go ahead with the second phase of CBDC testing. The decision was made after positive results in a...
U.K Banks Intensify Crypto Purchasing Limits For Customers
Nationwide Building Society has imposed a daily limit of £5,000 on debit-card purchases of crypto assets. U.K’s largest bank HSBC has banned its customers from...
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