[ad_1] On Sunday evening, March 19, 2023, at 5:00 p.m. Eastern Time, the US Federal Reserve, along with several central banks including the Bank of England, Bank of Canada, Bank of Japan,…
Category: Bank of England
HSBC approves multi-million-pound bonuses for Silicon Valley Bank UK staff
[ad_1] On March 10, Silicon Valley Bank UK’s activities were halted by order of the Bank of England (BoE), which said the bank was not providing any “essential services” to support the…
SVB’s UK arm issues 15M pounds in bonuses after symbolic bailout: Report
[ad_1] Silicon Valley Bank UK (SVB UK) has awarded millions of pounds in employee bonuses, just days after being rescued by global banking giant HSBC for just £1, according to unnamed sources….
Bank of England halts Silicon Valley Bank UK branch operations
[ad_1] The Bank of England (BoE) has suspended operations of its UK branch of Silicon Valley Bank (SVB UK), citing its limited existence and lack of important functions that support the financial…
UK’s Bank Regulator to Propose Rules for Digital Asset Issuance
[ad_1] The UK’s Prudential Regulatory Authority (PRA) has announced plans to propose a set of rules for the issuance and custody of digital assets. This decision was taken as the use of…
Digital pound presents new payment frontier, but UK doesn’t have CBDC expertise yet: BoE
[ad_1] The digital pound could introduce a new frontier for payments in the United Kingdom, but the country needs more expertise in this area to launch a central bank digital currency (CBDC),…
UK banking regulator to propose crypto issuing, holding rules after Basel 3 finalized
[ad_1] Britain’s bank regulator, the Prudential Regulatory Authority (PRA), will propose rules for issuing and holding digital assets, Bank of England (BOE) executive director of the Prudential Policy Directorate Vicky Saporta said…
Market Strategist Michael Wilkerson Believes US Inflation Could Rise to 12% by Year-End Despite Predictions of Decrease – Bitcoin News
[ad_1] While some market strategists and analysts predict US inflation will drop dramatically in 2023 compared to last year, Michael Wilkerson, founder of Stormwall Advisors, predicts the inflation rate could rise as…