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3232US Bank Lending Drops by Record $105 Billion in Two Weeks, Trillions Moving to Money Market Accounts, Elon Musk Warns ‘Trend Will Accelerate’
https://www.digit.info/us-bank-lending-drops-by-record-105-billion-in-two-weeks-trillions-moving-to-money-market-accounts-elon-musk-warns-trend-will-accelerate/
Sun, 09 Apr 2023 15:30:37 +0000https://www.digit.info/2023/04/09/us-bank-lending-drops-by-record-105-billion-in-two-weeks-trillions-moving-to-money-market-accounts-elon-musk-warns-trend-will-accelerate/Read more]]>The banking industry in the United States is still struggling after the collapse of three major banks. According to statistics, bank lending in the U.S. has dropped by close to $105 billion in the last two weeks of March, which is the largest decline on record. Additionally, Elon Musk, a Tesla executive and owner of […]
]]>French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud
https://www.digit.info/french-authorities-raid-5-major-banks-over-accusations-of-money-laundering-and-fiscal-fraud/
Tue, 28 Mar 2023 19:00:23 +0000https://www.digit.info/2023/03/28/french-authorities-raid-5-major-banks-over-accusations-of-money-laundering-and-fiscal-fraud/Read more]]>On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas, HSBC, Natixis, and BNP’s Exane Bank, over alleged charges of money laundering and fiscal fraud. According to a spokesperson for France’s Financial Prosecutor’s Office (PNF), the preliminary investigation into four French banks and one international […]
]]>BRICS Nations ‘Coalescing Against the Dollar,’ Major Banks Predict More Fed Hikes, Bitcoin Records Large Blocks as Ordinals Gain Currency
https://www.digit.info/brics-nations-coalescing-against-the-dollar-major-banks-predict-more-fed-hikes-bitcoin-records-large-blocks-as-ordinals-gain-currency/
Sun, 26 Feb 2023 13:00:22 +0000https://www.digit.info/2023/02/26/brics-nations-coalescing-against-the-dollar-major-banks-predict-more-fed-hikes-bitcoin-records-large-blocks-as-ordinals-gain-currency/Read more]]>In spite of turbulence in traditional global finance, with BRICS nations said to be pushing for de-dollarization and major banks like Bank of America and Goldman Sachs predicting further interest rate hikes from the U.S. Federal Reserve, creativity in crypto has found a new boon in the form of controversial inscriptions, called Ordinals, on the […]
]]>Every Large Bank Will Actively Consider Crypto in 1-3 Years, Says Former Citi CEO
https://www.digit.info/every-large-bank-will-actively-consider-crypto-in-1-3-years-says-former-citi-ceo/
Sun, 14 Nov 2021 01:30:28 +0000https://www.digit.info/2021/11/14/every-large-bank-will-actively-consider-crypto-in-1-3-years-says-former-citi-ceo/Read more]]>A former CEO of Citigroup said that every major bank and securities firm will consider crypto trading or services within one to three years. He also hopes that central banks worldwide will adopt digital currencies. Former Citi CEO Expects All Major Banks to Embrace Crypto in 1-3 Years Indian-American banker Vikram Pandit, a former CEO […]