The smallest banks in the U.S. hope they have someone in their corner in Washington after the Senate on Thursday confirmed Michelle Bowman, the Kansas state banking commissioner, as the Federal Reserve’s newest governor.
Silver Castle Ltd., Israel’s first dedicated cryptocurrency investment firm for institutional and accredited investors, launched two funds this month and expects to have $50 million under management by the end of the year.
Saudi Arabian stocks declined the most in a month after the U.S. sanctioned 17 officials over the death of U.S.-based journalist Jamal Khashoggi.
Investors are the most bearish on the pound since the U.K. voted to leave the European Union as markets brace for the possibility of a no-confidence vote on Prime Minister Theresa May.
Nordea Bank Abp just dropped off the list of global banks deemed too big to fail, but that doesn’t mean it can hold less regulatory capital.
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