New U.S. Senate Bill Wants to Regulate DeFi-Like Banks
A new bill from Sen. Jack Reed would impose strict requirements on DeFi protocols under the guise of national security.
Tag: Banks
Goldman Sachs misses on profit after hits from GreenSky, real estate
Goldman Sachs on Wednesday posted profit below analysts' expectations amid writedowns tied to commercial real estate and the sale of ...
Ripple says U.S. banks will want to use XRP cryptocurrency after partial victory in SEC fight
In this photo illustration, a visual representation of the digital Cryptocurrency Ripple is displayed on January 30, 2018 in Paris, ...
Three big US banks rake in better-than-expected profits
Three of the biggest banks in the United States made a cumulative $22.3 billion in profit last quarter, a hefty ...
Citigroup posts better-than-expected earnings and revenue
Citigroup on Friday reported second-quarter earnings and revenue that topped expectations.Despite the beat, Citi's revenue fell 1% from a year ...
JPMorgan Chase beats analysts’ estimates on higher rates, interest income
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., at the US Capitol for a lunch meeting ...
‘There is a slowdown happening’ – Wells Fargo, BofA CEOs point to cooling consumer amid Fed hikes
Shoppers walk the aisles of Wal-Mart for Black Friday deals on November 25, 2022 in Dunwoody, Georgia. Walmart opened at ...
Activist investor calls for BlackRock CEO Fink to step down over ESG ‘hypocrisy’
LONDON — BlackRock CEO Larry Fink is facing calls to step down from activist investor Bluebell Capital over the company's ...
Oil plunge, tech collapse and Fed cuts? Strategist shares possible 2023 market ‘surprises’
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, August 29, 2022.Brendan ...
