Kitco News
Gold, silver rise as dollar weakness offsets oil-driven rate risk - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are higher in late-afternoon U.S. trading Wednesday, as a weaker U.S. dollar and safe-haven demand tied to the U.S.-Iran conflict outweighed higher Treasury yields and another surge in crude oil.
Marginal improvement in CPI may not be enough to stave off September rate hike - Natixis’ Christopher Hodge -
(Kitco News) – Friday’s CPI report will likely show that underlying inflation continues to move in the right direction – but even if it does, if the Fed is disappointed with the speed of progress, the committee could still hike rates at the September meeting, according to Christopher Hodge, Head Economist for the U.S. at Natixis.
Investors pour $18 billion into gold ETFs in August as sovereign debt concerns grow - WGC report -
(Kitco News) - Despite renewed threats of an imminent rate hike in September, gold’s price action during August shows just how much potential the precious metal has as a hedge against the unsustainable rise in global sovereign debt.
Platinum could outperform gold price as debasement trade regains momentum – WPIC -
(Kitco News) - Inflation fears are driving expectations that the Federal Reserve will have to raise interest rates as early as next week, and they have taken their toll on the precious metals market, including platinum.
Gold is more than ‘a tactical expression of the next Fed decision’ and pullbacks are opportunities to ‘build strategic exposure’ – UBS -
(Kitco News) – Mounting fiscal concerns, elevated inflation and geopolitical uncertainty, and robust sovereign demand make a significant gold allocation a must-have in investor portfolios, according to commodity and currency analysts at UBS.
Gold, silver prices rise as Hormuz risk offsets rate pressure - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are higher in early U.S. trading Wednesday, as escalating U.S.-Iran strikes, Brent crude above $100 a barrel and a softer dollar supported defensive demand ahead of the week’s U.S. inflation reports.
Gold majors are out of debt and will have to start buying, Lundin says -
(Kitco News) - The biggest gold miners on earth are making more money than they know what to do with. They've paid off the debt. They've raised the dividend. They've bought back the stock. And they're still swimming in cash.
Gold price slides below $4,370 as Brent nears $100 - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are lower in late-afternoon U.S. trading Tuesday, as rising crude oil prices, elevated Treasury yields and firmer Fed-hike expectations outweighed the safe-haven bid from renewed U.S.-Iran tensions.
‘The bull trend will resume’ and ‘you want to scale into a long position’ as gold price nears $4,000 pre-FOMC – Goldman Sachs’ Kim -
(Kitco News) – The gold market’s relative underperformance since February is not a failure of the bull market, but merely a pause, and the yellow metal has fresh all-time highs in its medium-term future, according to Anthony Kim, Global Head of Metals Trading at Goldman Sachs.Kim was asked on Goldman’s The Markets podcast whether gold’s all-time high of $5,589.38 per ounce in late January was t...
‘Synchronised build-up of physical, futures, and options exposure’ to drive gold price higher - Société Générale -
(Kitco News) – ETFs, futures and options positioning all indicate that gold remains in a broad-based bull market in 2026, with multiple independent demand channels reinforcing one other, according to analysts at Société Générale.
Zero Hedge
Jack Dorsey's Block Seeks US Trust Bank Charter For Bitcoin, Stablecoin -
Jack Dorsey's Block Seeks US Trust Bank Charter For Bitcoin, Stablecoin
Authored by Ezra Reguerra via Cointelegraph,
Jack Dorsey's payments company Block seeks to establish a federally regulated trust bank to provide custody services for Bitcoin and stablecoins.
Block said Tuesday it had submitted an application to the Office of the Comptroller of the Currency (OCC) to create B...
Internet Loses It After Russian Official Turns Out To Be Peter Griffin's Twin -
Internet Loses It After Russian Official Turns Out To Be Peter Griffin's Twin
A newly appointed Russian government official has exploded across social media after users seized on a press-conference photograph and began joking that Russian President Vladimir Putin would have a difficult time pushing a man of his size out of a window, according to the Daily Star.
🍖🍔🍩 “Russia and Ar...
29 Health Systems Dropping Medicare Advantage Plans -
29 Health Systems Dropping Medicare Advantage Plans
Authored by Sylvia Xu via The Epoch Times,
Twenty-nine health systems are dropping Medicare Advantage plans in 2026, citing prior authorization denials, reimbursement issues, and deal renegotiations.
A Medicare Advantage PPO card sits on top of a Medicare card, in this file photo. AP/Jenny Kane
The number of terminated contracts...
Hunter Biden Blames Liquidity, "Predatory Snipers" For LAPTOP Memecoin Collapse -
Hunter Biden Blames Liquidity, "Predatory Snipers" For LAPTOP Memecoin Collapse
Update: Straight from the horse's mouth - it crashed because of "predatory snipers" or something, according to a post by Hunter on X.
As you may have seen, the LAPTOP memecoin saw a sharp swing in token price during its first hours of trading.
The headlines are all the same.
Token down 99%. Rug pul...
Hyped Mecca Joint Defense Pact Is MIA After Houthis Targeted Four Saudi Cities -
Hyped Mecca Joint Defense Pact Is MIA After Houthis Targeted Four Saudi Cities
Saudi Arabia got pummeled by cross-border Houthi ballistic missiles and drones on Tuesday, where a reported four Saudi cities were targeted.
...So what about those much hyped Mecca Defense accords that were just signed last month? The pact between Riyadh, Islamabad, and Ankara has been likened to NATO A...
Japan Is Telling You To Run To Gold -
Japan Is Telling You To Run To Gold
Authored by Matthew Piepenburg via Von Greyerz,
Below, we look at lessons from Japan and its latest signals to prepare for a market sell-off, a debasement acceleration and a golden endgame.
Pattern Recognition
My father taught me long ago that the years teach things the days do not always notice.
In all areas of our lives, we slowly acquire...
Elon Musk's PAC Bets Trans Issue Push Will Drive GOP Voters To The Polls -
Elon Musk's PAC Bets Trans Issue Push Will Drive GOP Voters To The Polls
Elon Musk's America PAC has opened its 2026 midterm ad campaign with a barrage of ads centered on trans issues. Musk has reportedly authorized the PAC to spend more than $100 million this cycle and is targeting four Democratic Senate candidates in competitive races: Sherrod Brown in Ohio, Josh Turek in Iowa, J...
"You Better Get Ready For... War": Socialists Call For "War In The Streets" & The End Of Capitalism -
"You Better Get Ready For... War": Socialists Call For "War In The Streets" & The End Of Capitalism
Authored by Jonathan Turley via JonathanTurley.org,
"You better get ready for ... war."
Across the country, radicals are openly planning for the next stage of their movement, and notably, the Democratic establishment is not part of their plans.
Despite the talk of a "Big Tent Par...
US Students Still Behind Much Of The World In Math And Reading: Global Assessment -
US Students Still Behind Much Of The World In Math And Reading: Global Assessment
Authored by Aaron Gifford via The Epoch Times,
Results from a recent global assessment indicate that reading scores for American high school students have dropped over the past three years, while math and science performance still falls behind their peers in several other developed countries.
The ...
Pentagon Informs Allies Prepare For "Protracted" War In Ukraine -
Pentagon Informs Allies Prepare For "Protracted" War In Ukraine
The full-scale war in Ukraine lately blew past four years and six months since February 24, 2022, and has also long been a proxy conflict, pitting the US and NATO against Russia. Beyond this, there's been what can be described as a raging 'dirty war' stretching back over 12 years since at least February 2014.
Lest any...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
Treasury secretary boasts about rigging Japanese yen market -
They wouldn't be rigging any other markets, would they?
* * *
'I Am the House Now': Bessent Warns Currency Traders Not to Bet Against Yen
By Emily Herbert, Ian Smith, and Ramsay HodgsonFinancial Times, LondonWednesday, September 9, 2026
U.S. Treasury secretary Scott Bessent has warned traders not to bet against the yen, saying "I am the house now" following his recent intervention to support th...
Spain faces dilemma of what to do with its gold at the U.S. Fed -
By Belen CarrenoEl Pais, MadridTuesday, September 8, 2026
As the world order finds its new balance, some of the pieces in motion are made of solid gold.
Major European central banks have begun repatriating their gold reserves held at the Federal Reserve Bank of New York. The Netherlands made this public last week, but France and Germany had already taken recent steps in this direction, while I...
China's central bank adds most gold since 2023 even as prices jump -
By Jessica Zhou and Jack RyanBloomberg NewsMonday, September 7, 2026
China added the most gold to its reserves since 2023, accelerating purchases in August even as bullion prices surged.
Holdings at the People's Bank of China, one of the biggest official-sector buyers, rose by 650,000 ounces, according to data released by the central bank on Monday. That extends the PBOC's buying streak to 22 m...
Can China lure European central bank gold reserves from U.S.? -
By Emma MaSouth China Morning Post, Hong KongMonday, September 7, 2026
https://www.scmp.com/economy/global-economy/article/3366640/golden-opportunity-can-china-lure-european-central-bank-gold-reserves-us
Amid persistent geopolitical strains and growing concerns over the weaponisation of the US dollar, European central banks have continued shifting gold reserves away from US vaults -- with the l...
Prime minister fails to diminish India's love for gold -
By Chris Kay and Krishn KaushikFinancial Times, LondonMonday, September 7, 2026
Indians are ignoring calls by Narendra Modi's government to curb gold purchases, according to the country's biggest jewellery retailer.
Profits at Titan -- part of the Tata conglomerate -- rose by 63% while footfall also increased in the most recent quarter. Jewelry accounts for the vast majority of the chain's earn...
Wolf Street
Legal Tender News
The $1 Trump coins are here. Why spending them is legal but tricky -
The U.S. Mint began selling $1 Trump coins Wednesday. Why it matters: The Trump coin sits in a rare middle ground: The Mint is promoting it as a collectible, but under federal law, it has a face value ...
Legal Tender Forces Gold Out -
The government has many ways of forcing us to use their paper dollar as money. The tax on capital gains on gold (I wrote about this here) is one bullet in their gun. The legal tender law—U.S. Code ...
What Is Considered Legal Tender in the US? -
"Legal tender" means that the financial instrument in question legally serves to pay any public or private debt. Federal law guarantees its printed value regardless of its intrinsic convertible value, ...
These Countries May Be Next To Accept Bitcoin as Legal Tender -
One of the main knocks against cryptocurrency has always been that it will never gain universal adoption, meaning its usefulness will always be limited. This perhaps changed forever on September 7, ...
Legal Tender -
Legal tender is a medium of payment recognized by a legal system to be valid for meeting a financial obligation. Paper currency and coins are common forms of legal tender in many countries. Legal ...
CoinDesk
Robinhood CEO Vlad Tenev fires back at AMC's Aron in escalating fight over stock tokens -
Tenev told CNBC's "Squawk Box" on Wednesday that public companies shouldn't have veto power over third-party securities that reference their shares.
U.S. Treasury sanctions another widespread cyber-scam hub, Xinbi Guarantee -
Chinese-language platform Xinbi is accused of operating on crypto transactions as it offered services to other criminal networks.
Tether pushes into private credit with $400 million fund with Fasanara -
The USDT issuer will help source lending opportunities and provide stablecoin payment infrastructure for Fasanara's private credit network.
Bitcoin and Ethereum race quantum clock as U.S. backs $300 million hardware push -
The threat is not here yet, but fault-tolerant machines and crypto’s migration plans are starting to converge on the same 2029 window.
Consensys to split MetaMask into its own firm while staying silent on IPO -
The existing company, Consensys Software Inc., will rebrand as MetaMask under Ethereum co-founder Joe Lubin as chairman and CEO.
Crypto Long & Short: Inside the 300-to-1 onchain gap between the dollar and euro -
Ryan Connor of RockawayX writes that the dollar leads the euro about 3 to 1 across the offchain economy and more than 300 to 1 onchain. Euro-pegged stablecoins total €711 million, under 1% of supply. He traces the gap to path dependency and missing euro DeFi infrastructure, and argues MiCA-regulated issuance and euro vault rails are changing it.
Kalshi election data goes live on DoubleZero ahead of U.S. midterms -
The expansion gives institutional and automated traders access to full-depth political prediction-market order books ahead of the U.S. midterms.
PayPal expands stablecoin rails with custom token issuance platform -
The PYUSDx stablecoin developer platform, backed by PayPal USD (PYUSD), is built with the help of M0 and MoonPay.
Hunter Biden's new LAPTOP token lost 98% of its value in under an hour after $1.6 billion debut -
LAPTOP swung from $190 to under $4 within minutes of opening on Base. Onchain records show tokens had been distributed to market makers for a week before trading began.
KYC data is an irresistible honeypot for hackers, and we must change how it is collected -
Privacy-preserving identity verification systems could allow individuals to prove only what a service needs to know while keeping the underlying information under their control, writes Coin Center’s Laz Pieper.
bitcoin.com
Cut off From Global Finance, Iran Turns to Bitcoin and Tether -
According to reports, cryptocurrency use in Iran is not fringe but a working trade-settlement rail. Tehran is quietly moving funds across these digital rails using bitcoin (BTC) and tether (USDT) to undermine financial sanctions. Digital Assets Take on a Bigger Role in Iran’s Trade On Wednesday, the Financial Times (FT) reported that Iran’s central bank […]
Circle Targets $25B Payments Flow for USDC With $400M Tazapay Deal -
Circle is acquiring Tazapay in a $400 million all-stock deal that would bring more than $25 billion in annual payment volume into its orbit. With 60% of Tazapay’s transactions already involving stablecoins, the acquisition could materially expand USDC’s reach across Asia, Africa and other fast-growing markets. Circle Pushes USDC Into 100+ Markets With Tazapay Acquisition […]
Grayscale Drives $47M Bitcoin Outflows as XRP Funds Gain $1.55M -
U.S. crypto ETFs reopened after the Labor Day break with broad selling pressure, as bitcoin, ether, solana, and HYPE funds all posted net outflows. XRP ETFs were the only major category to finish Tuesday in positive territory, drawing $1.55 million. Crypto ETFs Open Short Week With Multiple Selloffs The first session after the Labor Day […]
Metamask Breaks Free From Consensys as 2027 IPO Buzz Heats Up -
On Wednesday, Consensys Software Inc. announced plans to split into two independent companies, with consumer wallet platform Metamask breaking away from Consensys, which will remain focused on protocols and institutional infrastructure. Metamask Breaks Away as Lubin Takes the Helm Consensys Executive Chairman Joe Lubin said the company spent more than a decade helping build the […]
Bitcoin Price Steadies at $78K Despite $6B Treasury Action -
Despite a $6 billion long-term debt buyback by the U.S. Treasury, bitcoin experienced a volatile yet ultimately flat trading session, swinging between $78,095 and $79,650 before settling near $78,600. Volatile Trading and Middle East Conflict Bitcoin experienced another volatile trading period as it swung from just over $78,700 to $79,600, even as reports suggested that […]
Reason
No Bail Release for Tate Brothers, Detained While Extradition Matter Is Pending -
From Magistrate Judge Lauren Louis's long opinion today in In the Matter of Extradition of Tate (S.D. Fla.): On July…
The post No Bail Release for Tate Brothers, Detained While Extradition Matter Is Pending appeared first on Reason Magazine.
The Feds Are Spying on Your Bank Account -
While the Treasury forces money changers to report on suspected immigrants, Homeland Security is having police pull people over for suspicious transactions.
The Trump Administration's Long, Fruitless Hunt for Voter Fraud Comes to Rhode Island -
The Justice Department’s election integrity tour has turned up nothing, while ignoring the threats to elections that voters actually fear.
Urging SCOTUS To Reject AR-15 Bans, the Trump Administration Explains Why They Are Unconstitutional -
The case hinges on the distinction between "unusual" weapons and arms in common use for lawful purposes.
Our New Federal Circuit Amicus Brief in the Section 122 Tariff Case -
The brief explains why the Section 122 tariffs are illegal and run afoul of the major questions and nondelegation doctrines.
Michigan Judge Can Be Sued for Livestreaming a Mock Hearing of Teen Who Fell Asleep on a Field Trip -
The Court of Appeals for the 6th Circuit ruled that judicial immunity did not cover Kenneth King's "scared straight" approach to a sleepy 15-year-old.
Journal of Free Speech Law: "Speaking Collectively: The First Amendment, the Public Sector, and the Right to Bargain and Strike," by Kate Andrias -
Part of a Knight First Amendment Institute Symposium on Managing Government Employee Speech in a Democracy, which the Journal is publishing.
Appeals Court Grants Immunity to Texas Cops Who Held Handcuffed Woman Face Down in a Fire Ant Hill -
The Fifth Circuit Court of Appeals ruled that Taylor Rogers didn't show that it was clearly established that it was excessive force to be held down on a pile of fire ants while handcuffed.
Scary Spice off the Hook in Florida -
From today's decision by Judge Darrin Gayles (S.D. Fla.) in Belafonte v. Brown: This case arises out of abuse allegations…
The post Scary Spice off the Hook in Florida appeared first on Reason Magazine.
Trump Expands Illegal Section 338 Tariffs Against Canadian Imports - and Bans Some Entirely -
The move further escalates this harmful and illegal trade war with a vital ally.
Tenth Amendment Center
Heading toward the Cliff -
The American people are complaining about affordability. The prices of groceries, automobiles, movies, clothes, gasoline, rent, mortgage payments, and just about everything else are soaring. Many Americans are having a very difficult time making ends meet.
The post Heading toward the Cliff appeared first on Tenth Amendment Center.
How to Beat an Empire: The Founders’ Ignored Blueprint -
Paul Revere rode into Philadelphia on Sept 16, 1774 with urgent business for the First Continental Congress. His task? Deliver a document from Boston - a blueprint for total resistance. If adopted, secession from the British Empire would be unavoidable. On this episode, it’s Joseph Warren’s forgotten and ignored Suffolk Resolves: The American Revolution’s step-by-step guide for defeating tyrann...
You Don’t Have “2nd Amendment Rights.” You Just Have Rights. -
Millions of people today refer to their rights by amendment number, as if they get them FROM the Bill of Rights. Like referring to their right to keep and bear arms as their “2nd Amendment Rights.” But the founders saw things far differently. The words on paper aren’t a permission slip for the people. They aren’t a “gun permit.” They are a restraining order for government: hands off our natural...
Electronic Frontier Foundation
Cops Play Hide and Seek About Using Spy Tech to Avoid Scrutiny and Bad PR -
Law enforcement agencies across the country are increasingly relying on spying technologies—automated license plate readers (ALPR), cell-site simulators, and facial recognition, to name a few--causing an outcry in many communities where people are rightly concerned about the threat to civil rights and civil liberties these tools present.Some authorities are responding to these concerns by tryin...
Digital Sovereignty: What It Is, What It Could Be -
The term “digital sovereignty” has become ubiquitous. European officials invoke it in debates about cloud infrastructure, AI, semiconductors, and platform regulation. Governments throughout the global majority use it to argue for greater control over data and communications infrastructure and boost their economies. Companies market “sovereign cloud” products designed to reassure their customers...
2026 EFF Award Winners: Access Now, 7amleh – The Arab Center for the Advancement of Social Media, DeFlock, and New Media Rights -
EFF is pleased to announce that Access Now, 7amleh – The Arab Center for the Advancement of Social Media, DeFlock, and New Media Rights have received 2026 EFF Awards for their vital work in ensuring that technology supports freedom, justice, and innovation for all people.
The EFF Awards recognize specific and substantial technical, social, economic, or cultural contributions in diverse fields ...
The Institute For Justice - Press Releases
South Carolina Entrepreneur Files Lawsuit Challenging Irrational Ban on Mobile Beauty Services -
GREENVILLE, S.C.—Brandi Rosemond is a former model born and raised in Greenville, whose dream is to operate a mobile beauty salon that travels the state. […]
The post South Carolina Entrepreneur Files Lawsuit Challenging Irrational Ban on Mobile Beauty Services appeared first on Institute for Justice.
Freeport, Texas, Family to Appeal in Case to Keep Their Land From Port’s Eminent Domain Abuse -
Freeport, Texas—Yesterday, a Texas trial court granted a motion for summary judgment against a group of property owners in Freeport’s historically Black community of East […]
The post Freeport, Texas, Family to Appeal in Case to Keep Their Land From Port’s Eminent Domain Abuse appeared first on Institute for Justice.
FinCEN Renews Financial Surveillance Order Declared Illegal in 9th Circuit -
ARLINGTON, Va.—Yesterday, the Financial Crimes Enforcement Network (FinCEN) reissued an order requiring certain businesses in targeted ZIP codes in New Mexico and Texas to report […]
The post FinCEN Renews Financial Surveillance Order Declared Illegal in 9th Circuit appeared first on Institute for Justice.
Second Amendment Foundation
TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP -
BELLEVUE, Wash. — April 24, 2025 — The Second Amendment Foundation (SAF) is pleased to announce that Taurus Holdings Inc. has renewed their commitment to the organization as a Platinum-level corporate partner. “At Taurus, we believe that the right to keep and bear arms is fundamental to the American way of life,” said Taurus USA
The post TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP appear...
CA NON-RESIDENTS CAN APPLY FOR CARRY PERMIT STARTING APRIL 22 -
BELLEVUE, Wash. — April 22, 2025 — Thanks to a preliminary injunction in the Second Amendment Foundation’s (SAF) case CRPA v. LASD, starting Tuesday, April 22, non-resident SAF members can apply for a California carry permit. The injunction requires that California accept permit applications from any United States resident outside the state who is a
The post CA NON-RESIDENTS CAN APPLY FOR CARR...
SCOTUS DENIES CERT IN WORTH, SAF WIN IN EIGHTH CIRCUIT STANDS -
BELLEVUE, Wash. — April 21, 2025 — In a case that could potentially have far-reaching implications for similar lawsuits across the nation, the U.S. Supreme Court has denied Minnesota’s Petition for Writ of Certiorari in Jacobson v. Worth, the Second Amendment Foundation’s (SAF) challenge to the 18-20-year-old carry ban in the state. Minnesota asked the
The post SCOTUS DENIES CERT IN WORTH, SAF ...
Gun Owners of America
GOA LEADS INDUSTRY COALITION IN SUPREME COURT FIGHT TO DEFEND AR-15s -
FOR IMMEDIATE RELEASE September 4, 2026 GOA LEADS INDUSTRY COALITION IN SUPREME COURT FIGHT TO DEFEND AR-15s WASHINGTON, D.C. — Today, Gun Owners of America (GOA) and Gun Owners Foundation (GOF)—along with Century Arms, Canik USA, B&T USA and Fostech—filed an amicus brief urging the U.S. Supreme Court to strike down “assault weapons” bans in Viramontes v. Cook County. What that case comes d...
This Week In Gun Control -
THIS WEEK IN THE FIGHT Here’s what you may have missed this week in the fight for the Second Amendment… Biden’s “Ghost Gun” rule was struck down by the courts. GOA’s case against it is still active. Gun shops are passing ATF inspections after selling suppressors with no registration. A foreign ransomware gang hacked ATF. A federal judge struck down … Read more
PA: Legalize Suppressors -
Let’s Eliminate Suppressor and SBR/SBS Restrictions in Pennsylvania Pennsylvanians should NEVER be treated like criminals for exercising their constitutionally-protected rights. Yet under Pennsylvania’s archaic Title 18, Section 908, law-abiding citizens face state criminal charges simply for possessing suppressors (hearing protection) and short-barreled firearms—tools that are widely owned acr...
Banking Dive
Circle to buy Tazapay for $400M -
Tazapay and Circle first forged a partnership last year, and according to CEO Jeremy Allaire, they “share a deep alignment.” Circle was the lead investor in Tazapay’s Series B funding last year.
Alabama bank blasts investors’ request to join board -
Blue Hill Advisors and Merion Road Capital Management decried “inaction” from United Bancorporation of Alabama, concerning several suggestions the investors made. The bank called their requests “unreasonable.”
Virginia banks to combine in $253M deal -
A tie-up with Eagle Financial Services would nearly triple John Marshall Bancorp's branch footprint and almost double its assets.
Block seeks OCC bank charter -
Cash App’s parent is joining a parade of fintechs seeking to become national banks as the Office of the Comptroller of the Currency allows more leeway for such licenses.
Chime to buy Stride Bank for $590M -
Acquiring one of its longtime bank partners offers the fintech “a faster and more proven path to full-stack ownership,” compared to pursuing its own charter, Chime said Tuesday.
American Banker
IBKR's custody pitch to RIAs focuses on low fees, growth potential -
Interactive Brokers, also known by its hot ticker symbol of IBKR, shares much more fee information than most custodians, without revealing much in the way of its scale among RIAs. Can it gain greater reach in a competitive channel?
FDIC won't have to return $1.71 billion to SVB creditors -
A federal judge found SVB Financial's management negligently prioritized yield over safety, allowing the Federal Deposit Insurance Corp. to retain the deposits after the bank's 2023 collapse.
Banks flash 'exit signals' to advisors as they push further upstream -
Justin Duke's move from BNY Wealth to Simon Quick Advisors shows how higher fees, rising asset minimums and tighter client constraints are pushing some bank advisors toward RIAs.
Q3 agency MBS lags targets as home equity, non-QM gain ground -
BTIG is predicting mortgage origination volume for loanDepot, PennyMac Financial Services, Rithm, Rocket Cos., and UWM Holdings combined will be 5% lower than the industry consensus for the third quarter.
Alabama bank rejects activists' 'unreasonable' demands -
For months, United Bancorporation of Alabama avoided a public clash with two unhappy shareholders. But after the duo demanded seats on the board of directors, the bank finally clapped back.
Bank of International Settlements
Federal Reserve - Press Releases
FDIC - Press Releases