Crypto exchange hacked; Warren Buffett sticks to his investment strategy; OCC lays off workers
American Banker
In-depth analysis, perspective and commentary on key issues affecting the banking industry.
Nearly $1.5 billion in tokens lost in Bybit crypto exchange hack: The heist is among the largest ever experienced by the crypto industry and highlights concerns many have over the need for better regulation.
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Warren Buffett reaffirms his preference for stocks over cash: The legendary investor expressed his inclination for equities even after selling large chunks of Berkshire Hathaway's investments in three major banks. "That preference won't change," Buffett wrote in his annual letter to shareholders.
Miami's getting a new bank; Citi adds an accounting chief: FNB Corp. marked the grand opening of its new downtown Pittsburgh headquarters this week. The bank owns and occupies most of the 26-story tower, one of the few new towers built in the city's business district in recent years. And long-time bank executive Robert Goldstein has died at 84.
OCC fires 76 as part of Trump's government workforce reduction: The Office of the Comptroller of the Currency is the latest federal banking agency to let go of probationary employees.
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