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Marfin Bank Arson Still Haunts Greece 13 Years Later
Eleven years have passed since the deadly Marfin Bank arson. The culprits are still at large, as Greek police launches a new investigation
Banking Crisis: First Republic Collapses
First Republic Bank, headquartered in San Francisco, California, collapsed on Monday in the latest blow to the banking sector in the US.
The Federal Deposit...
Bank Employee Kills Five in Mass Shooting in Louisville, Kentucky
A new mass shooting rocked the US on Monday as a 23-year-old bank employee armed with a rifle shot dead five colleagues and wounded...
Greek Economy to Grow 2.2% in 2023, Central Bank Forecasts
The Bank of Greece has raised its economic growth forecast for Greece this year, according to the central bank’s governor, Yannis Stournaras.
Presenting the bank’s...
Yanis Varoufakis States “Let The Banks Burn”
Former Finance Minister of Greece, economist Yanis Varoufakis, proposes a digital alternative to private banking, provided by central banks.
First Citizens Bank to Buy Silicon Valley Bank Deposits and Loans
First Citizens Bank & Trust Co will buy Silicon Valley Bank’s deposits and loans, the U.S. Federal Deposit Insurance Corporation said Monday, potentially calming...
What is Systemic Risk and How Does it Lead to a Banking Crisis?
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By Spiros Bougheas
The recent collapse of Silicon Valley Bank (SVB), a regional US bank that funded start-up companies in the technology and innovation sector,...
US Raises Interest Rates Despite Banking Crisis
The US central bank has raised its key interest rate by 0.25 percentage points, despite fears that the move could aggravate the global banking...
Will First Republic Bank Survive the Storm?
Shares of First Republic Bank continued their free-fall despite a rare move by the biggest U.S. banks to pump $30 billion into the regional...
Bitcoin Surges as Crisis Hits Global Banking
Bitcoin was close to nine-month highs on Monday and had its best week in four years as the global banking crisis drives some investors...


