Tag Archives: bank

A woman scammed out of £6,500 while trying to book a Greek holiday villa has described begging her bank to halt the money transfer she had made to the fraudsters, only to be told by staff that there was nothing they could do. Londoner Sarah Graham* says that, looking back …

Treasury chief tells lawmakers that customers ‘can feel confident that their deposits will be there when they need them’. United States Treasury Secretary Janet Yellen has sought to reassure legislators – and US citizens – that the country’s banking system remains “sound” in the wake of the second largest bank …

Speaker of the House Kevin McCarthy plans to blame President Biden for the Silicon Valley Bank failure, even though he pushed hard for the 2018 deregulation. Punchbowl News reported:The House GOP conference held a private call to debrief with Speaker Kevin McCarthy, House Financial Services Committee Chair Patrick McHenry (R-N.C.) …

By Casey Harper (The Center Square) President Joe Biden on Monday promised that taxpayers would not be on the hook to bail out banks that collapsed in recent days, a claim disputed by a host of critics. The federal government decided to take over and back up the banks, allowing depositors …

Banking experts are pointing out that Silicon Valley Bank might have been able to handle interest rate pressures if Trump and congressional Republicans hadn’t rolled back Dodd-Frank banking regulations. The New York Times reported:Some banking experts on Friday pointed out that a bank as large as Silicon Valley Bank might …

The bank failed after depositors – mostly technology workers and venture capital-backed companies – created a run on it. The Federal Deposit Insurance Corporation seized the assets of Silicon Valley Bank on Friday, marking the largest bank failure since Washington Mutual during the height of the 2008 financial crisis. The …

A Nigerian clergyman, Gosple Agochukwu, has taken to Facebook to express his joy after the “Bank of Heaven” supplied him with the redesigned Naira notes.    According to Agochukwu, he needed cash to give to a family who had no bank account but couldn’t get hold of any cash due …

Jerusalem and Gaza CNN  —  At least 10 Palestinians were killed Wednesday during a major Israeli military operation in the occupied West Bank that also left more than 100 injured, Palestinian officials said. Israeli authorities said Wednesday’s operation targeted three suspects “planning attacks in the immediate future.” The three were …

WASHINGTON — A federal judge on Tuesday rejected the effort by relatives of victims of the Sept. 11 attacks to seize $3.5 billion in frozen Afghan central bank funds to pay off judgment debts owed by the Taliban, in part because he said doing so would mean effectively recognizing the …

A staff of the Lagos State University (LASU) Ojo, Mr Ademola Adesola, slumped and died while queuing in a bank within the school to withdraw N5,000 new notes.    The Head of the Publicity and Public Relations Unit of the university, Mr Jeariogbe Olaniyi, who confirmed the incident to the …