SVB Collapse And How Biotechnology Industry Is Coping Up
Within just 48 hours, the bank that several new biotechnology companies had relied on for ages was gone.
On March 10, the Federal Deposit Insurance...
SVB Failure Prompts US To Elevate The Banking Confidence
U.S. authorities took extraordinary measures on March 12 to rebuild trust in the banking system after the collapse of Silicon Valley Bank threatened to...
SVB Collapse Leads to Worries for Tech Startups in Canada
The sudden collapse of Silicon Valley Bank in the US may very well choke funding for technology startups in Canada and also place them...
US Stunned By The Rapid Collapse of Silicon Valley Bank
The rapid unwinding of SVB Financial Group has blindsided the banking sector after years of stability. The collapse last week, which can be termed...
Ethical Execution And Use of AI In Finance Firms Possible
FICO, the global analytics software provider, in its yearly sales report on the state of responsible AI in financial services that was created in...
6 Technology Trends In The Fintech Space That Will Lift 2023
The fintech industry is undoubtedly a force to be reckoned with, and the year 2023 has been no exception. The predictions are that the...
CBE From Egypt And Jordan Come Together For Fintech Collab
The Central Bank of Egypt has gone on to sign an appendix to the MoU with its Jordanian counterpart. Apparently, the MoU pertains to...
Toughened Stance To Purify Crypto Market-UK Finance Watchdog
On March 8, 2023, Britain's financial watchdog said that stringent rules were needed to purify crypto in order to eliminate conflict of interest, safeguard...
To Improve Risk Data, Bank of England Gives Lenders Deadline
The Bank of England is going to decide by year's end whether tougher disclosure rules will be needed for banks after an almost complete...
EU Gives A $647mn Thrust For A Fast Serbian Railway Line
The European Union granted Serbia 610 million euros, equivalent to $647.15 million, on February 28, 2023, for the development of a fast railway route...