branches – DIGIT INFO

First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B

DIGIT — Mon, 27 Mar 2023 20:30:05 +0000

According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens Bank & Trust Company, which is based in Raleigh, North Carolina. First Citizens acquired all deposits and loans from SVB, as well as the 17 branches that SVB owned across the United States. Silicon Valley […]

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Report: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow

DIGIT — Sun, 12 Mar 2023 18:30:23 +0000

The U.S. Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late Saturday night, according to reports. Final bids are due by Sunday afternoon. Unnamed sources indicate that the FDIC is seeking to close the deal promptly after California regulators closed the bank and placed it into FDIC receivership on […]

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US Sanctions Russian Crypto Broker Suex for Laundering Millions in Illicit Funds

DIGIT — Wed, 22 Sep 2021 15:00:12 +0000

The U.S. Treasury Department has blacklisted Suex, a cryptocurrency broker based in Russia, for its money laundering activities. The platform is suspected of processing hundreds of millions of dollars in crypto transactions related to scams, ransomware attacks, darknet markets, and the infamous BTC-e exchange. OFAC Adds Russian Crypto OTC Exchange Suex to Blacklist The Office […]

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HSBC Closes 2 Branches Following New Protests in Hong Kong

DIGIT — Fri, 03 Jan 2020 22:45:33 +0000

HSBC had two of its Hong Kong branches closed on Jan. 2, the first working day of the year, following attacks by protesters during the latest anti-government demonstrations on New Year’s Day. The banking giant also closed seven indoor ATM clusters and announced on Friday it will suspend overnight services at 19 other ATM locations […]

The post HSBC Closes 2 Branches Following New Protests in Hong Kong appeared first on Bitcoin News.

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Croatian Post Now Offers Crypto Exchange Service at 55 Branches

DIGIT — Thu, 12 Dec 2019 17:24:22 +0000

Croatian Post, the biggest provider of postal services in the Republic of Croatia, is now offering a cryptocurrency exchange service at 55 post offices throughout the country. Currently, five cryptocurrencies are supported. This follows a successful implementation and positive results of a pilot program at a few branches. The Post found interest in this service […]

The post Croatian Post Now Offers Crypto Exchange Service at 55 Branches appeared first on Bitcoin News.

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