Potential US sanctions loom over banks with China connections: Fitch

Sep 25, 2020

London [UK], September 25 : Chinese banks and international non-US banks with connections to China could become ensnared in processes leading to US sanctions,...

Shares of US regional banks plummet by 75 pc

Mar 13, 2023

Shares of bigger banks were less affected, but not immune. Citigroup and Wells Fargo fell over 4 per cent, Bank of America fell over...

US tightening screws on Pak banks over terror funding

Mar 08, 2022

Islamabad [Pakistan], March 8 : After the Paris-based Financial Action Task Force (FATF) retained Pakistan on its"grey list", the US is tightening screws on...

US preparing sanctions that would target Russian banks: Reports

Feb 21, 2022

Washington [US], February 21 (ANI/Sputnik): The administration of US President Joe Biden could block US financial institutions from processing transactions for Russian banks as...

US Fed issues guidance for banks considering crypto activities

Aug 17, 2022

Washington [US], August 17 : The US Federal Reserve Board has provided additional information for banking organizations engaging or seeking to engage in crypto-asset-related...

Savings of depositors safe, says US after two banks collapse

Mar 13, 2023

Silicon Valley Bank collapsed on Friday, while New York-based Signature Bank was closed by the state regulators on Sunday (local time), becoming the...