banking sector
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Insider: Hong Kong regulatory authorities have deployed the implementation of CBDC to banks in Hong Kong
On April 18th, sources reported that Hong Kong is intensifying its efforts to develop its own central bank digital currency e-HKD this year. Regulatory authorities have deployed th
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The US Stock Market: A Mixed Bag of Results as Banking Stocks Experience Major Gains
According to reports, the three major US stock indexes ended mixed, with the Dow up 0.61%, the Nasdaq down 0.47%, and the S&P 500 index up 0.17%. Banking stocks rose, with First Ci
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The British government seeks to use Middle East funds to acquire the British subsidiary of Silicon Valley Bank
It is reported that the British government is trying to promote the acquisition of the British subsidiary of Silicon Valley Silver to prevent the impact from spreading to the entire technology industry, according to the Financial Times. A wealthy Middle East buyer has expressed interest. British technology company executives have been lobbying the government to mitigate the losses caused by their inability to use the bank’s account on Monday. Legally, the British subsidiary of Silicon Valley Bank is independent of the parent company headquartered in California, which was closed by…