Crypto-friendly banks mismanaged traditional risks, FDIC head tells Senate hearing
It all started with FTX, FDIC head Martin Gruenberg said; he emphasized that the American banking system remains sound.
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Crypto-friendly banks mismanaged traditional risks, FDIC head tells Senate hearing
It all started with FTX, FDIC head Martin Gruenberg said; he emphasized that the American banking system remains sound.
French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud
On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas, HSBC, Natixis, and BNP’s Exane Bank, over alleged charges of money laundering and fiscal fraud.…