Kitco News
Credit cracks, Buffett’s $348B cash bet, and why gold is holding the line – Larry McDonald -
(Kitco News) - Gold futures dipped to an intraday low of $3,290 an ounce on Thursday, but the yellow metal is still holding near record territory after notching a $3,508 high earlier this month.
Bitcoin breaches $112K, industry analysts say King Crypto has plenty of room to run -
(Kitco News) – Bitcoin is continuing to build on its recent price surge, setting a fresh all-time high of $112,000 on Thursday. And even though the top cryptocurrency has gained 25% in just 30 days, industry analysts see plenty of reasons why it has further to fly.
Gold can get to $4,000 this year if ETF demand hits peak 2020 levels - VanEck’s Casanova -
(Kitco News) - In keeping with the price action over the past year, the gold market has experienced a relatively shallow and brief correction, with prices holding initial support around $3,300 an ounce.
$100 silver price, $4,500 gold price? This chart proves the bull market is just starting – Jordan Roy-Byrne -
(Kitco News) - Despite already impressive gains year-to-date, gold is in the early stages of a powerful secular bull market that could see prices rise to $4,500 and silver break $100
Gold sees mild profit-taking pressure -
(Kitco News) - Gold prices are slightly lower and silver prices moderately down in midday U.S. trading Thursday.
Gold price could decline 10% by year-end as geopolitical tensions cool - Standard Chartered -
(Kitco News) – Asian ETF buying is the latest significant driver of the gold rally, but U.S. stimulus measures and easing geopolitical tensions could drive prices 10% lower by year-end, according to Suki Cooper, Precious Metal Analyst at Standard Chartered.
Spot gold bounces near $3,300/oz after U.S. existing-home sales fall 0.5% in April -
(Kitco News) - Spot gold is coming off its session low and attempting to reclaim $3,300 per ounce after the latest data showed the U.S. housing market declining beyond expectations last month.
Gold price struggling to hold $3,300 as flash manufacturing service sector PMIs ruse 52.3% in May -
(Kitco News) - The gold market could struggle to attract fresh safe-haven flows as preliminary economic data points to a modest recovery in activity in both the service and manufacturing sectors.
Gold prices treading water around $3,300 as weekly jobless claims stabilize at 227K -
(Kitco News) - The gold market continues to hold support near $3,300 an ounce, but is struggling to find consistent bullish momentum as the U.S. labor market remains fairly stable.
Gold price down a bit but bond market jitters are bullish -
(Kitco News) - Gold prices are slightly lower and silver prices solidly down in early U.S. trading Thursday. Some profit-taking pressure from the shorter-term futures traders is featured today.
Zero Hedge
AI, Chips, Humanoid Robots: Top Takeaways From Computex 2025 -
AI, Chips, Humanoid Robots: Top Takeaways From Computex 2025
Computex 2025 in Taipei, Taiwan, entered its fourth day on Thursday. Tech blog Tom's Guide said the spotlight this week has been on AMD's Radeon RX 9060 XT and Nvidia's RTX 5060 gaming GPUs. Other top highlights include Intel's early reveal of next-gen laptop CPUs for 2026 and MSI's debut of its first AMD-powered gaming h...
Far-Left Activist Charged In Jewish Museum Killings, Shot Couple Multiple Times As They 'Attempted To Crawl Away' -
Far-Left Activist Charged In Jewish Museum Killings, Shot Couple Multiple Times As They 'Attempted To Crawl Away'
Update(1817ET): Elias Rodriguez, a 30-year old man from Chicago, has been charged in last night's fatal shooting of two Israeli embassy employees in Washington, outside an event hosted at the Jewish Museum.
He is accused of opening fire on an entire group of people who...
Gold And The Great American Monetary Resets: From 1792 To Today -
Gold And The Great American Monetary Resets: From 1792 To Today
Authored by Nick Giambruno via International Man,
Gold has been at the heart of the US monetary system since the nation’s founding, evolving from a direct anchor for the dollar to a strategic reserve asset.
Though it no longer backs the dollar, gold remains a cornerstone of central bank reserves, a discreet but pow...
Watch: Harmeet Dhillon Exposes DOJ's 'Color Revolution' Wing: Secret 'Resistance' Memos, 'Unhappy Hours,' & 'Crying Sessions' -
Watch: Harmeet Dhillon Exposes DOJ's 'Color Revolution' Wing: Secret 'Resistance' Memos, 'Unhappy Hours,' & 'Crying Sessions'
In a revealing interview with Tucker Carlson, Harmeet Dhillon, Assistant Attorney General for the Civil Rights Division, pulled back the curtain on the entrenched resistance within the Department of Justice, which she described as a stronghold of the deep st...
Senators Question Spending Cuts In Key Nuclear, Science Programs -
Senators Question Spending Cuts In Key Nuclear, Science Programs
Authored by John Haughey via The Epoch Times (emphasis ours),
A day after the Tennessee Valley Authority announced it had filed a permit to install the nation’s first small modular nuclear reactor, Secretary of Energy Chris Wright said the breakthrough marks the dawn of a new era in commercial electrical power and th...
Iran Will Hold US Responsible For Any Israeli Attack On Nuclear Sites: Foreign Minister -
Iran Will Hold US Responsible For Any Israeli Attack On Nuclear Sites: Foreign Minister
Earlier this week CNN had issued an alarming report claiming that Israel is currently preparing possible preemptive strikes on Iranian nuclear facilities. It underscored that at this moment it has become very clear that Netanyahu could care less about 'pressure' from Western allies the US, UK, a...
ATF Launches "New Era Of Reform", Encourages Revoked Gun Dealers To Reapply -
ATF Launches "New Era Of Reform", Encourages Revoked Gun Dealers To Reapply
Submitted by Gun Owners of America,
The Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) has just announced that it's "ushering in a new chapter" of "transparency, accountability, and partnership with the firearms industry" on its official web page.
The most notable of these changes is that A...
Venezuela Suspends Flights From Colombia To Prevent 'Entry Of Mercenaries' -
Venezuela Suspends Flights From Colombia To Prevent 'Entry Of Mercenaries'
Authored by Yeny Sora Robles via The Epoch Times (emphasis ours),
Venezuelan Security Minister Diosdado Cabello on May 19 announced the suspension of flights from Colombia due to the possible entry of “mercenaries,” days before the legislative and regional elections scheduled for May 25..
A passenger shows ...
Supreme Court: Children Of Illegal Aliens Or Tourists Are Not U.S. Citizens -
Supreme Court: Children Of Illegal Aliens Or Tourists Are Not U.S. Citizens
Authored by Gabriel Canaan via American Thinker,
On the very day Donald Trump became president again, he signed an executive order prospectively eliminating birthright citizenship for children born to aliens unlawfully present in the United States.
Immediately, lawsuits were filed in a half-dozen jurisd...
Senate Nullifies California's Signature Gas-Car Ban, Sends Bill To Trump -
Senate Nullifies California's Signature Gas-Car Ban, Sends Bill To Trump
The U.S. Senate voted 51–44 to overturn California's ban on gasoline-powered vehicles by 2035, sending the measure to President Trump's desk for signature.
The vote nullifies a Biden-era Environmental Protection Agency waiver that allowed California to set stricter emission standards than federal rules unde...
MarketWatch - Top Stories
Steve Madden says Trump tariffs are ‘destroying’ the economy that brands like his created -
In a recent podcast, the founder of the Steve Madden shoe brand also criticized arguments that the U.S. has been losing jobs to China
Why this stock-market strategist expects no recession and zero rate cuts in 2025 -
Keith McCullough: “The two primary factors that lead me to make decisions in the U.S. bond market and for U.S. currency are both going up.”
Long-term tariff predictions have proven too tough for these retailers. Now it’s derailing their stocks. -
Executives at Ross Stores and Deckers say they will not provide full-year guidance
‘Medicaid and food stamps are easy targets’: House bill makes unprecedented cuts to Medicaid and SNAP -
Major changes may come when the bill goes to the Senate
What’s in the GOP tax bill? An $815 tax cut for middle-class households — and $44,000 for millionaires -
Households in the top 0.1% would reap more than $390,000 in tax savings, according to one analysis of the tax and spending bill that’s now headed to the Senate for a vote.
The dollar is struggling to rebound since ‘liberation day.’ Why it may keep falling. -
The U.S. dollar has struggled to rebound since President Donald Trump announced his “liberation day” tariffs in early April, with some analysts expecting that the greenback’s decline isn’t over even if its status as the world’s reserve currency appears safe for now.
After 25 years, I finally asked for separate checks — and my friends iced me out. Did I do something terrible? -
“With each year I got angrier and angrier, so it was time to move on.”
My brother’s ‘good daughter’ siphoned $70,000 from her father’s accounts. Should she still get an inheritance? -
“He has a large old house, valued at about $170,000, and many valuable antiques. I will be the executor of his estate.”
How a hidden army of AI agents could take control of your social media habits -
Social media is being transformed into an arena where artificial voices shape and drown out human conversation.
Alphabet’s stock is charging even higher. Here’s how Google’s AI bets are resonating. -
Shares of the Google parent company rallied into a second session, with some investors more encouraged about the company’s competitiveness in AI
CNBC Top News
CNBC Economy
GATA
Fort Knox episode of 'America's Book of Secrets' featuring GATA reaches YouTube -
11:45a ET Wednesday, May 21, 2025
Dear Friend of GATA and Gold:
The History channel at YouTube yesterday posted the entirety of the "America's Book of Secrets" episode from 2012 about the U.S. gold reserve at Fort Knox, an episode in which GATA has a prominent part.
The program has been rebroadcast in syndication on cable television networks many times in the last 13 years, but it may be of int...
China's gold imports surge to 11-month high despite record prices -
By Yihui XieBloomberg NewsTuesday, May 20, 2025
China imported the most gold in nearly a year last month despite record prices, after heightened demand for the precious metal prompted the central bank to ease restrictions on bullion inflows.
Total gold imports to the country reached 127.5 metric tons, a 11-month high, according to customs data released today. This represents a 73% jump from a m...
Charlie Garcia: Why is the Fed quietly buying billions in bonds and hoping nobody notices? -
By Charlie GarciaMarketWatch, New YorkSaturday, May 17, 2025
The U.S. Federal Reserve just pulled off something stealthy. Over four days last week, without fanfare, the Fed vacuumed up $43.6 billion in U.S. Treasurys. That's $8.8 billion in long-dated 30-year bonds on May 8 alone, plus another $34.8 billion earlier in the week. Not exactly small change.
... Dispatch continues below ...
... ADV...
Warning about gold derivatives, European Central Bank suddenly sounds like GATA -- 25 years ago -
3p ET Monday, May 19, 2025
Dear Friend of GATA and Gold:
Gold derivatives pose a risk to the world financial system, the European Central Bank said today in commentary written by four of its economists.
The commentary, headlined "What Does the Record Price of Gold Tell Us About Risk Perceptions in Financial Markets?," comes 25 years almost to the day after a GATA delegation led by Chairman Bill...
Americans rush to sell their gold as price hovers near record -
From Fox Business, New YorkSaturday, May 17, 2025
We're in the middle of the Gold Rush 2.0. But this time folks aren’t making money finding gold -- they're making money selling it.
With gold near an all-time high, selling for over $3,200 an ounce, folks are raiding their jewelry boxes and heading to pawn shops, jewelers, and smelters to turn their little-worn necklaces, watches, bracelets, and ...
Wolf Street
Spring Selling Season Fizzles, Worst April for Home Sales since 2009, Supply Surges to Highest since 2016, YoY Price Gains Fade -
Epic demand destruction has ensued after prices spiked by 50% in three years. And now supply is piling up.
As Tech Jobs Plunge in San Francisco & Silicon Valley, Housing Reacts: Condo Prices Drop Back to 2015, Single-Family Home Prices Back to 2018 -
The massive 10-year home-price spike to 2022 was more than the economy could bear and did a lot of damage, including to employment, as we can see.
Credit Card Delinquencies, Balances, Debt-to-Income, and Credit Limits in Q1 2025: Our Drunken Sailors & their Credit Cards -
With the free money gone, the hangover is getting worked off.
Legal Tender News
CoinDesk
Memecoin Moo Deng, MEW Surges After Robinhood Listing -
Both tokens jumped on the news, adding to their already large gains this month.
BlockTrust IRA Brings Quant Trading Tools to Crypto Retirement Accounts -
By leveraging trading signals from Animus Technologies, BlockTrust IRA promises to beat benchmark BTC and ETH positions.
'Major Wake-Up Call': How $400M Coinbase Breach Exposes Crypto's Dark Side -
Coinbase said 69,461 customers were initially impacted by the breach, but fears remain over the threat of real-world robberies.
Centrifuge Expands Tokenized RWAs to Solana, Starting With $400M Treasury Fund -
Solana is gaining momentum in the fast-growing tokenized real-world asset space as traditional finance and DeFi gets increasingly intertwined.
Democrats Threaten Lawsuits, Join Protests Ahead of Trump Memecoin Dinner -
Democratic lawmakers went through a flurry of actions to highlight concerns that Donald Trump's memecoin dinner is "corrupt."
Major TradFi Institutions to Pursue Tokenization Efforts on Solana -
Tokenization is one of the principal use cases of blockchain technology attracting the attention and investment of the TradFi world
Justin Sun-Linked Wallet Leading Access to Trump Dinner Tagged as Belonging to HTX -
Sun, a Chinese-born crypto billionaire, is also involved with the Trump-linked ecosystem through a $75 million investment in World Liberty Financial.
Kraken To List Tokenized Version of Nvidia, Apple, Tesla Shares -
The tokens will be deployed on Solana and backed by real securities held by Kraken’s partner, Backed Finance.
First U.S. XRP Futures ETF Begins Trading on Nasdaq -
The fund will invest at least 80% of its assets in XRP futures contracts and shares of other XRP-linked exchange-traded products.
Crypto for Advisors: When Crypto Meets Netflix -
How Black Mirror’s on-chain experiment is paving the way for the future of entertainment monetization.
bitcoin.com
Study: US Leads Global Bitcoin Ownership With 14.3% Adoption Rate -
A new research report by River reveals that nearly 50 million Americans, or 14.3% of the population, own bitcoin, the highest ownership rate of any geographical region. Additionally, the report highlights that 32 American public companies, with a combined market capitalization of $1.26 trillion, hold bitcoin as a treasury asset. Bitcoin Ownership Demographics and Corporate […]
Bond Yields Continue to Soar as Markets Eye Trouble, Bitcoin and Gold Shine -
Markets are flashing warning signs as long-term U.S. Treasury yields spike, bond auctions falter, and prediction markets show rising odds of economic trouble ahead. Treasury Market Signals Mounting Fiscal Anxiety The 30-year U.S. Treasury bond yield surged to 5.18% on Thursday—its highest point since 2023—before easing slightly later in the session. The benchmark 10-year yield […]
Australian Regulator Appeals Ruling on Block Earner Crypto Offering -
An Australian regulator announced plans to seek special leave from the High Court to appeal a recent ruling that determined cryptocurrency firm Block Earner’s offering was not a financial product. ASIC Seeks Definitive Ruling on What Constitutes a Financial Product The Australian Securities and Investments Commission (ASIC) has announced that it will seek special leave […]
Turnkey Announces TRON Policy Engine, Providing Support for Enterprise Payment Solutions -
This content is provided by a sponsor. PRESS RELEASE. NEW YORK – May 22, 2025 – Turnkey, the secure, flexible, and scalable wallet infrastructure provider for digital asset operations, today announced full compatibility between its policy engine and the TRON blockchain. This integration equips fintech and payment providers with the tools needed to confidently build […]
Bitcoin ETFs Rally Hits Day 6 With $609 Million Inflow -
Bitcoin ETFs raked in $609 million on Tuesday, marking their sixth consecutive day of inflows and pushing daily volume to an all-time high. Ether ETFs also maintained the momentum, notching a fourth straight day in the green with a modest $587,000 net inflow. Bitcoin ETF Surge Drives Daily Volume to $7.5 Billion Momentum isn’t just […]
Reason
"Harvard University Loses Student and Exchange Visitor Program Certification for Pro-Terrorist Conduct" -
"This means Harvard can no longer enroll foreign students and existing foreign students must transfer or lose their legal status."
Supreme Court Stays Reinstatement of Fired NLRB and MSPB Members -
"Because the Constitution vests the executive power in the President, he may remove without cause executive officers who exercise that power on his behalf, subject to narrow exceptions recognized by our precedents."
Justice Kagan Tells Us What She Really Thinks About President Trump -
The Court "hand[s] the President the most unitary, meaning also the most subservient, administration since Herbert Hoover (and maybe ever)."
Roberts Swings To The Left In St. Isidore, To The Right In Wilcox -
In the span of a single day, Chief Justice Roberts continues his attempts at moderation for the sake of moderation without any actual reasoning.
Is Donald Trump To Blame for a COVID Lab Leak? -
Criticisms of the president's alleged flip-flopping on gain-of-function research funding miss some key context.
A Top Antitrust Enforcer Is Open To Prosecuting People Who Disagree With Him -
Mark Meador thinks the Federal Trade Commission may have the legal right to investigate nonprofits that “advocate for the interests of giant corporations” if they don’t disclose their donors.
How Does the National Debt Affect You? A Budget Expert Explains. -
Higher debt means lower wages, higher interest rates, and fewer opportunities, says Romina Boccia of the Cato Institute.
Republicans Just Killed California's E.V. Mandate. Will They Regret It? -
The vote could set a dangerous precedent and empower progressive policymaking in the future.
"Listen, the Media Deserves Some Blame, Too": "You Guys Should Not Have Believed Us So Easily" -
From Mediaite (Zachary Leeman) yesterday: "Original Sin" co-author Alex Thompson revealed a Democratic insider told him they were "amazed" at…
The post "Listen, the Media Deserves Some Blame, Too": "You Guys Should Not Have Believed Us So Easily" appeared first on Reason.com.
Gary Winslett: The American Dream Has Migrated South -
Middlebury professor Gary Winslett argues the South—not China—poached the Rust Belt’s manufacturing base by out-competing it on policy.
Cato Institute
Tenth Amendment Center
Government Attacks on Private Property -
The practice of British agents rummaging through the private possessions on the private property of anyone against that person's will was a significant contributing factor to the American Revolution.
The post Government Attacks on Private Property first appeared on Tenth Amendment Center.
“For Your Safety” – The Lie That Destroys Liberty -
From ancient empires to modern regimes, the story never changes: every government knows nothing expands power faster than fear. Fear is the tool, the trigger, the weapon - and it’s always the excuse for crushing liberty. In this episode, you’ll hear warnings from Founders, revolutionaries, and the great thinkers they learned from about how fear and the promise of safety are used to justify powe...
Alaska Committee Passes Bill to Make Gold and Silver Legal Tender -
Under the proposed law "specie," defined as "gold or silver valued primarily based on its metal content and in the form of coin or bullion," would be recognized as legal tender. In effect, gold and silver would be considered a valid medium of exchange for the payment of debts in the state.
The post Alaska Committee Passes Bill to Make Gold and Silver Legal Tender first appeared on Tenth Amendme...
Electronic Frontier Foundation
Podcast Episode: Love the Internet Before You Hate On It -
There’s a weird belief out there that tech critics hate technology. But do movie critics hate movies? Do food critics hate food? No! The most effective, insightful critics do what they do because they love something so deeply that they want to see it made even better. The most effective tech critics have had transformative, positive online experiences, and now unflinchingly call out the surveil...
Please Drone Responsibly: C-UAS Legislation Needs Civil Liberties Safeguards -
Today, the Senate Judiciary Committee is holding a hearing titled “
Defending Against Drones: Setting Safeguards for Counter Unmanned Aircraft Systems Authorities.” While the government has a legitimate interest in monitoring and mitigating drone threats, it is critical that those powers are narrowly tailored. Robust checks and oversight mechanisms must exist to prevent misuse and to allow ordin...
Security Theater REALized and Flying without REAL ID -
After multiple delays of the REAL ID Act of 2005 and its updated counterpart, the REAL ID Modernization Act, in the United States, the May 7th deadline of REAL ID enforcement has finally arrived. Does this move our security forward in the skies? The last 20 years says we got along fine without it. There were and are issues along the way that REAL ID does impose on everyday people, such as poten...
Electronic Privacy Information Center
The Institute For Justice - Press Releases
Alabama Residents File Lawsuit Challenging Warrantless Snooping by Game Wardens -
FLORENCE, Ala.—Today, three Alabama residents teamed up with the Institute for Justice (IJ) to file a lawsuit challenging an Alabama statute that permits game wardens […]
The post Alabama Residents File Lawsuit Challenging Warrantless Snooping by Game Wardens appeared first on Institute for Justice.
Victory: Federal Court Rules New Hampshire Town’s Attempt to Force Bakery to Take Down Donut Mural ‘Unconstitutional’ -
CONCORD, N.H.—On Monday, U.S. district court judge Joseph Laplante ruled that Conway, New Hampshire’s attempt to force a local bakery to take down a mural […]
The post Victory: Federal Court Rules New Hampshire Town’s Attempt to Force Bakery to Take Down Donut Mural ‘Unconstitutional’ appeared first on Institute for Justice.
Institute for Justice Applauds Oklahoma Governor’s Veto of Protectionist Casket Bill, Urges Legislature to Bring Free Market Reforms to Funeral Industry -
Arlington, Va.—Last week, Gov. Kevin Stitt vetoed HB 1029, which would have renewed the Oklahoma Funeral Board and kept protectionist legislation in place making it […]
The post Institute for Justice Applauds Oklahoma Governor’s Veto of Protectionist Casket Bill, Urges Legislature to Bring Free Market Reforms to Funeral Industry 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
House Passes H.R. 1 to Remove Suppressors from the NFA -
GOA Urges Senate to Finish the Job for Short Barreled Firearms Last night, the House Rules Committee amended H.R. 1, the One Big Beautiful Bill Act, to include Sec. 2 of the Constitutional Hearing Protection Act—fully removing suppressors from the National Firearms Act of 1934. GOA fully supports Sec. 112029 of the One Big Beautiful Bill Act. Elimination of the … Read more
VICTORY: GOA-Backed Language Passes House, Removes Suppressors from NFA! -
VICTORY: GOA-Backed Language Passes to Remove Suppressors from the NFA – But SBRs Still in the Crosshairs! TAKE ACTION by adding your name to our pre-written letter, urging your Senators to make sure the HPA stays in the reconciliation bill, and finishing the job by adding the SHORT Act! This is HUGE. With your incredible help, we just achieved the first … Read more
GOA Applauds House for Suppressor Deregulation, Urges Senate to Finish the Job for Short Barreled Firearms -
GOA Applauds House for Suppressor Deregulation, Urges Senate to Finish the Job for Short Barreled Firearms FOR IMMEDIATE RELEASE May 23, 2025 Washington, D.C. — Gun Owners of America (GOA) today applauded the inclusion of the Constitutional Hearing Protection Act (CHPA) in the latest budget reconciliation package, which repeals the $200 suppressor tax and registration—thus removing one of th...
Banking Dive
CFTC’s Kristin Johnson to exit, shrinking team further -
Johnson’s pending departure this year follows announcements last week that fellow commissioners Christy Goldsmith Romero and Summer Mersinger would leave at the end of this month.
JPMorgan Chase launches geopolitics center -
CEO Jamie Dimon has long beat the drum on geopolitical awareness. Now, his bank wants to help clients make sense of it all.
PNC to buy Aqueduct to boost private equity capital-raise potential -
The deal is expected to close in midsummer, the companies said. Financial terms were not disclosed.
TD to cut 2% of workforce, wind down $3B portfolio -
The bank expects to record up to $505 million in restructuring charges over the next several quarters, said CFO Kelvin Tran. The portfolio, meanwhile, is tied to its U.S. point-of-sale financing business.
Evolve dodges Yotta lawsuit for now -
Yotta’s lawsuit against its former bank partner was dismissed for failing to “plead the ‘who, what, when, where, and how’” of Evolve’s alleged misdoings. Yotta must file an amended complaint by June 2.
American Banker
Federal Reserve - Press Releases
FDIC - Press Releases