Bank

Bill Gates Calls for Global ‘Fire Department’ to Prepare for Future Pandemics

Billionaire Bill Gates has urged the World Health Organization (WHO) to set up a Global Health Emergency Corps to tackle transnational health threats, in order to prevent another pandemic like COVID-19.

Are Bank Failures a Sign of More Trouble Ahead?

The failure of Silicon Valley Bank (SVB) on March 10 was the second largest bank failure in US history.

Bank of America Expected To Buy Signature Bank After Collapse

Bill Ackman in a tweet on Friday said Bank of America is going to acquire Signature Bank on Monday, without citing the source of information.

GOP Chair Ronna McDaniel Says Widespread Bank Failures Highlight Biden’s Incompetence

GOP Chair Ronna McDaniel says widespread bank failures highlight Biden's incompetence.

House Committee Sets Date for First Hearing Into Banking Crisis

Federal regulators will testify before the House Financial Services Committee on March 29 about the Silicon Valley Bank (SVB) and Signature Bank collapses, according to a press release. 

Janet Yellen Admits Gov’t Is Picking Winners and Losers in Bank Bailout

Treasury Secretary Janet Yellen's admission that the government is picking winners and losers in the bank bailout process, particularly disadvantaging community banks, could lead to the consolidation of banking power in the hands of a few large institutions, according to critics.

Trump Says He Will Be Arrested

Former President Donald Trump claims he will be arrested on Tuesday as he is being investigated by New York prosecutors for payments made during his presidential campaign, with Trump calling for his followers to protest.

Biden Family Linked to $3 Million Wire Transfer from Chinese Company, Financial Records Reveal

Financial records reveal a $3 million wire transfer from a Chinese company to Robinson Walker, LLC, with subsequent transfers to several Biden family members, raising concerns about government ethics and the need for transparency.

$30 Billion Rescue of First Republic Bank Announced by Major Banks

A group of banks announced a $30 billion rescue of First Republic Bank on Thursday afternoon as part of efforts to stabilize the market.

Western Sanctions Protect Russian Banking System from U.S. Crisis, Says Kremlin

Russia's banking system is largely shielded from the negative effects of the U.S. crisis due to the country's limited connections with the international financial system, says Russian press secretary.

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