A Cleveland, Ohio, green bank is leading a multi-state effort to secure a chunk of $7 billion in funding for low-income residential solar installations under the federal Inflation Reduction Act. Growth Opportunity Partners, a community […]
Authored by Nick Giambruno via InternationalMan.com, “We are writing to inform you that we cannot continue serving you. As a result of this decision, your account will be closed within 14 days from the date […]
Via The Cradle, Bank of Russia Governor Elvira Nabiullina visited Tehran for talks with her Iranian counterpart, Mohammad-Reza Farzin, Bloomberg reported on Thursday. The talks focused on strengthening relations between commercial banks from the two […]
Regional bank stocks scrambled higher Wednesday, buoyed by a report from Western Alliance Bancorp (WAL) showing deposits increased by $2 billion so far during Q2. That helped ease concerns about smaller lenders after Silicon Valley […]
It’s now been 10 weeks since SVB Financial became the first FDIC-insured banks to fail in 2023, sparking a string of failures and industry chaos. The sector remains volatile, as investors keep a hair-trigger watch […]
PacWest Bancorp (PACW) severely missed estimates for Q1 earnings early Thursday as it felt the impact from the recent bank panic. But the Los Angeles-based bank noted deposits have stabilized and it has sufficient liquidity. […]
Authored by Iain Davis via Off-Guardian.org, In Part 1 we noted that “money” is no more than a medium of exchange. If we cooperate in sufficient numbers, we could create an economy based upon an […]
Via SchiffGold.com, In the aftermath of the failure of Silicon Valley Bank and Signature Bank, everybody is trying to figure out what happened, who’s to blame, and what can be done to prevent it from […]
Bank stocks generally moved lower Wednesday as regulators and banking leaders continued bricking up weak spots in the U.S. rampart of small and midsize banks. Financial stocks saw little change after the Federal Reserve’s critical […]
After the collapse of Silicon Valley Bank and Signature Bank, U.S. clean energy start-ups and companies could face growing difficulties in accessing finance, which could slow the effect of a rapid renewable energy rollout intended […]
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