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Is Ethereum good enough for Wall Street? If history is any guide, the answer is clear
Yahoo Finance· 2026-02-23 12:29
The annual event known as Ethereum Denver returned last week, as a tribe of crypto faithful descended upon the rodeo grounds of Colorado’s largest city to geek out about the world’s second most popular blockchain. Unlike the noisy religious revival feel of Bitcoin gatherings, the vibe at Ethereum events is more akin to a tech-infused folk festival. This year’s conference was subdued compared to previous ones that coincided with to-the-moon market rallies but, contrary to the image of a forsaken hellscape t ...
'Trust Me': CEO Jamie Dimon Reportedly Set To Defend $2 Billion Weekly Spending Plan At JPMorgan - JPMorgan Chase (NYSE:JPM)
Benzinga· 2026-02-23 12:22
In a bid to justify JPMorgan Chase & Co. (NYSE:JPM) ‘s $2 billion weekly expenditure, CEO Jamie Dimon is set to address investors at the annual investor day on Monday.Dimon is expected to make a case for the bank’s substantial spending as a key driver for future growth. This follows his previous call to shareholders to have faith in the potential returns of the investment, reported the Financial Times on Monday. The largest U.S. bank by assets is planning a condensed version of its traditional annual invest ...
IDFC First Bank shares record worst crash since March 2020, end 16% lower
The Economic Times· 2026-02-23 12:14
Core Viewpoint - IDFC First Bank's shares experienced a significant decline of 16% on Monday, marking the worst single-day drop in nearly six years due to the discovery of alleged fraud involving employees at one of its branches [1][9]. Group 1: Stock Performance - Shares of IDFC First Bank closed at Rs 70.09 apiece, having briefly hit a lower circuit at Rs 66.80, the lowest level since early June last year [1][9]. - The 16% plunge on a closing basis is the worst single-day drop since March 2020, when shares fell 17% [2][9]. - The stock has seen significant declines in the past, including drops of 13%, 12%, and nearly 11% in March 2020 during the onset of the COVID-19 pandemic [2][9]. Group 2: Fraud Incident - The bank identified an incident of alleged fraud involving employees at its Chandigarh branch, related to accounts of the Haryana government [3][9]. - Discrepancies were found between the account balances and the amounts reported by Haryana government entities [4][9]. - The total amount under reconciliation across these accounts is approximately Rs 590 crore [6][9]. Group 3: Response and Investigation - IDFC First Bank has suspended four suspected officials pending investigation and plans to take strict disciplinary, civil, and criminal action [7][9]. - The bank has filed a police complaint and requested certain beneficiary banks to lien mark balances in suspicious accounts [7][9]. - An independent forensic audit has been initiated by appointing KPMG to investigate the matter [8][10]. Group 4: Regulatory Perspective - The Reserve Bank of India (RBI) stated that it sees no systemic risk emerging from the fraud case at IDFC First Bank [9][10]. - The RBI is monitoring the situation closely and has indicated that there are no systemic issues related to the bank's operations [10].
渤海银行CIPS系统上线两天结算额突破9.1亿元
Jing Ji Guan Cha Wang· 2026-02-23 11:56
机构观点 经济观察网 2026年02月23日,渤海银行CIPS直参系统正式上线,据报道上线两天结算额突破9.1亿元, 显示其在跨境支付基础设施领域的积极参与。 股票近期走势 渤海银行股价在近一周表现积极。2026年02月20日,该股上涨1.40%;02月23日收盘报0.91港元,单日 上涨1.11%。同期,港股银行板块整体上涨1.44%,恒生指数上涨2.53%。 天风证券于2026年02月22日发布银行行业研报指出,商业银行息差已连续三个季度企稳于1.42%,LPR 维持稳定,央行货币政策呈现"名稳实降"特征。该研报认为,贷款定价偏高可能对信贷需求形成反噬, 预计2026年信贷增速或降至5.5%以下。 以上内容基于公开资料整理,不构成投资建议。 ...
Vitalik Buterin dumps over $8m Ethereum as price sinks below $1,900
Yahoo Finance· 2026-02-23 11:53
Ethereum co-founder Vitalik Buterin sold over $8 million worth of tokens from his personal wallet over the weekend, onchain tracking platform Arkham shows. And he’s still unloading Ether in big batches at time of reporting. Onchain data shows Buterin continues to liquidate five-figure clips up to $85,000 worth of Ethereum for stablecoins through the decentralised exchange Cow Swap. Buterin’s move extends his $7 million in Ether selling from earlier in February. He said that selloff aimed to fund new ini ...
LLB Group sees asset growth despite flat profit in 2025
Yahoo Finance· 2026-02-23 11:43
Liechtensteinische Landesbank (LLB) Group’s 2025 net profit held steady at SFr166.5m ($214.9m) , with acquisition activity driving an increase in its assets. In 2024, the company had reported a net profit SFr167.2m. Operating income reached SFr611.6m, marking an 8.1% growth from SFr565.8m in 2024. The group’s increase in income was largely due to the acquisition and integration of the former ZKB Österreich. In 2025, LLB closed the acquisition of Zürcher Kantonalbank Österreich. Net fee and commission ...
Centerview, ex-analyst settle suit over sleep hours for junior bankers
Yahoo Finance· 2026-02-23 11:41
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Centerview Partners has agreed to settle a lawsuit filed against the boutique investment bank by a former junior banker who was terminated after telling the firm she needed eight hours of sleep a night to manage a mood and anxiety disorder. Terms of the settlement were not disclosed. Trial in the case was set to begin Monday and could have been closely watched – pa ...
Gainers & Losers: IDFC First Bank, Adani Ports among 6 stocks that were in focus on Monday
Economictimes.Indiatimes· 2026-02-23 11:38
IDFC First BankShares of IDFC First Bank tanked 20% on Monday before ending that day at Rs 70.09, down 13%. The stock fell after the lender informed exchanges that certain employees at its Chandigarh branch were allegedly involved in fraudulent transactions amounting to Rs 590 crore from accounts linked to the Haryana government. The bank has suspended four officials and said that it will pursue strict disciplinary action. ...
Swedbank faces new AML compliance probe in Sweden
Yahoo Finance· 2026-02-23 11:28
Sweden’s financial regulator has initiated a review into Swedbank’s compliance with anti-money-laundering (AML) regulations, focusing on whether the bank’s customer vetting processes were adequate, reported Reuters. In a statement to Retail Banker International, the Financial Supervisory Authority (FSA) said: "The investigation covers the bank’s measures to obtain and maintain adequate customer due diligence." The probe will assess Swedbank’s due diligence measures from December 2023 through November 20 ...
Markets extend gains as investors cheer U.S. court tariff verdict; Sensex climbs 480 points
The Hindu· 2026-02-23 11:25
Equity benchmark indices Sensex and Nifty closed higher on Monday (February 23, 2026), tracking gains in PSU bank, auto and financial stocks, as investors' sentiments improved after the U.S. Supreme Court struck down the Trump administration's sweeping tariffs.The 30-share BSE Sensex climbed 479.95 points, or 0.58%, to settle at 83,294.66. During the session, the benchmark jumped 671.44 points, or 0.81%, to hit an intraday high of 83,486.15.Also Read | Tariffs in trouble: On the U.S. Supreme Court and Donal ...