Peter Schiff Will Receive Settlement to End His Defamation Suit
The New York Times: Banking
DECEMBER 1, 2023
The money manager had sued an Australian media company that reported on a tax investigation into his bank, Euro Pacific.
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Elon Musk’s X Partners With Visa to Provide Financial Services
The New York Times: Banking
JANUARY 28, 2025
The social media company said it would start a peer-to-peer payments service, moving to expand the apps abilities.
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Trending Sources
Is the bank crisis over or is more fallout ahead?
Barkclays
MAY 16, 2023
The recent banking turmoil has exposed a longer-term challenge for the sector: the very nature of systemic risk is changing as runs on deposits become easier. Depositors can access their money quickly and easily through advanced digital tools, and social media platforms allow for influence and opinion to spread broadly at pace.
U.S. Park Service Says to Leave Your Cash at Home, but Some Object
The New York Times: Banking
MARCH 21, 2024
Complaints have been mounting on social media, and now a group has filed a lawsuit, as the service has continued rolling out policies against accepting cash to enter federal parks.
SEC adopts landmark new clearing rules for US Treasury market
The TRADE
DECEMBER 14, 2023
Kevin McPartland, head of market structure and technology research at Coalition Greenwich noted in a social media post that “finally [there is] some clarity from the SEC on Treasury and repo clearing. Bottom line: most repo must be cleared; Treasury trades between dealers must be cleared; dealer and customer margin must be kept separate.”
The Activism Vulnerability Report
The Harvard Law School Forum
JUNE 27, 2023
Following the consecutive collapses of Silicon Valley Bank (“SVB”) and Signature Bank in March, other regional banks have been under pressure. This news, coupled with First Republic having a high percentage of uninsured deposits, triggered a run on the bank, causing a liquidity crisis that the bank could not quell. [1]
The Activism Vulnerability Report
The Harvard Law School Forum
JUNE 27, 2023
Following the consecutive collapses of Silicon Valley Bank (“SVB”) and Signature Bank in March, other regional banks have been under pressure. This news, coupled with First Republic having a high percentage of uninsured deposits, triggered a run on the bank, causing a liquidity crisis that the bank could not quell. [1]
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