Alfa Bank: US-sanctioned Russian banking giant expands in China – CNN
Anton Vaganov/Reuters Alfa-Bank’s exhibition stand at the St. Petersburg International Economic Forum in St. Petersburg, Russia, June 5, 2024 Editor’s note: Sign up for CNN’s “Meanwhile, China” newsletter to find out what you need to know about the country’s rise and its impact on the world. Hong Kong/London CNN — Beaten Western sanctionsRussia’s largest private […]
Florida man seen buying face mask across street before attempting to rob bank
A Florida man was caught on video buying a mask at a gas station, then crossing the street and attempting to rob a bank, police said. According to the Martin County Sheriff’s Office, Colton VanHonhenstein, 33, attempted to rob a bank on Saturday, June 15, but failed, after purchasing a face mask to hide his […]
Starling Bank Chases Down Debtors Amid Watchdog Probe – PYMNTS.com
Sterling Bank The company is reportedly taking several debtors to court following an investigation by the UK financial regulator. The neobank filed suit against 24 companies. Failed to repay loanThe Financial Times reported on Wednesday (June 19), citing court records. The magazine reported that after analyzing the companies’ filings, it found that most of them […]
Bank of England set to hold interest rates despite inflation hitting 2% target – CNBC
As of 11 a.m. in London, financial market prices suggested the chances of a rate cut were just 5 percent. At its meeting on Thursday, the BOE cut the bank rate as such measures became more likely. Earlier this week, expectations of an August rate cut also dropped to around 30%. While the 2% inflation […]
Texas police arrest man wanted for robbing bank with child in tow
A man suspected of robbing a Texas bank with his young child in tow has been arrested by the FBI. According to Fort Worth police and the Dallas Field Office of the Federal Bureau of Investigation (FBI), 44-year-old Ronnie Newman was arrested by police in Mineral Wells, Texas, on Monday. The investigation was concluded after […]
Comer Unveils Bank Records Showing Joe Biden Received $40,000 Of ‘Laundered’ Chinese Money
Estimated Reading Time: 8 minutes House Oversight Committee Chairman James Comer released bank records Wednesday showing President Joe Biden previously took a $40,000 check from his family members soon after they received the money from Chinese business associates. Comer posted a video on X outlining bank records that show how various Biden family members took […]
‘It Just Stunned Me’: Man Holds Small Child While Allegedly Robbing Bank
FBI agents in Fort Worth, Texas, are searching for a man who they say robbed a bank on June 6 while holding a young girl in his arms. According to investigators, the robbery happened at about 2 p.m. at the First Convenience Bank inside the Walmart. FBI Press Release. According to the FBI, the suspect […]
Bitcoin bank proposal gains momentum in El Salvador – Cointelegraph
El Salvador’s pro-Bitcoin President Najib Bukele has proposed establishing a private investment bank in the country that, if approved, would give Bitcoin (BTC) investors access to financial services with fewer regulations compared to traditional banks. “As part of El Salvador’s economic plan, we propose a BPI (Private Investment Bank), which will allow us to diversify […]
Ramaswamy on CBDC [Central Bank Digital Currencies]
Estimated Reading Time: 2 minutes Vivek Ramaswamy, a Republican candidate for President, has a strong position on central bank digital currencies (CBDC): “Hell no.” His proposals for reforming the Fed have major problems, but his views on financial freedom and privacy are unimpeachable. A CBDC would give the government unprecedented access to and control over […]
Bank of Japan set to reduce JGB purchases, stands pat on interest rate – CNBC
The Bank of Japan is widely expected to keep interest rates unchanged at the end of its two-day meeting until June 14, 2024. Pictured is the Japanese flag flying high at the bank’s headquarters in Tokyo. Kazuhiro Nogi | AFP | Getty Images The Bank of Japan kept its policy interest rate unchanged on Friday […]