Truist Financial Bank plans to implement quantum computing The Truist Financial holding company has announced a collaboration with IBM Corporation on the Quantum Accelerator project. The…
Ares Direct Lending Fund raises USD 8.7bn The Ares Direct Lending Fund has received an investment of USD 8.7 billion. It was launched in 2022 and…
What factors influence the credit crunch The collapse of Silicon Valley Bank has caused a significant upheaval in the market and, more importantly, has shown the…
The US government does not consider deposit insurance of any size necessary Following the collapse of Silicon Valley Bank and Signature, US credit institutions have asked…
Project Icebreaker enables faster cross-border payments for CBDC The Bank for International Settlements, in cooperation with regulators in Israel, Norway, and Sweden, studied the potential of…
China kept the prime rate on loans The Central Bank of China held a regular meeting where the main points of monetary policy were discussed. The…
Investors will provide a private loan of $5.5 billion Apollo and HPS provide a $5.5 billion private loan. Together with other firms, they are helping to…
UAE Central Bank issues its own digital currency The UAE Central Bank has announced a new strategy to accelerate the digital transformation of the financial sector.…
Dutch Central Bank recorded a violation by Coinbase The Dutch Central Bank has ordered the European division of the cryptocurrency exchange Coinbase to pay a fine…
Victims of bank fraud in the UK may not be compensated Today, one of the main threats on the Internet is fraud. Attackers lie in wait…