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Banking, Economy

“JPMorgan Chase takes over First Republic after U.S. seizure of ailing bank”

“Regulators took possession of First Republic on Monday, resulting in the third failure of an American bank since March, after a last-ditch effort to persuade rival lenders to keep the ailing bank afloat failed. JPMorgan Chase , already the largest… Continue Reading…

Cryptocurrencies

“Another crypto lender Vauld pauses withdrawals as market crash takes its toll”

“Crypto lender Vauld on Monday paused all withdrawals, trading and deposits on its platform and is exploring potential restructuring options, the company said. Vauld CEO Darshan Bathija said in a blog post on Monday that the company is facing “financial challenges” due… Continue Reading…