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Customers Bancorp acquires $631 million loan portfolio from FDIC at discount

The Cheap InvestorJune 16, 2023June 16, 20230

By Manya Saini and Saeed Azhar (Reuters) -Customers Bancorp said on Friday it acquired a $631 million venture banking loan…

  • Asia
  • Business

US senators urge regulator to change guidance on Massachusetts auto law

The Cheap InvestorJune 16, 2023June 16, 20230

By David Shepardson (Reuters) -Two U.S. senators on Thursday urged the National Highway Traffic Safety Administration (NHTSA) to reconsider its…

  • Business
  • Politics

US Senate panel to consider bill targeting failed bank executive pay

The Cheap InvestorJune 16, 2023June 16, 20230

By Pete Schroeder WASHINGTON (Reuters) – The U.S. Senate Banking Committee will consider a bill Wednesday that would allow regulators…

  • Asia
  • Politics

U.S., Japan, Philippines discuss S China sea, North Korea

The Cheap InvestorJune 16, 2023June 16, 20230

WASHINGTON (Reuters) – The national security advisers of the United States, Japan and the Philippines on Friday discussed regional security…

  • Business
  • Economy

US consumers’ near-term inflation expectations hit two-year low; sentiment rises

The Cheap InvestorJune 16, 2023June 16, 20230

By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumers’ near-term inflation expectations dropped to more than a two-year low in June and…

  • Business
  • Economy

Crypto giant Binance’s US affiliate fires staff after SEC charges -sources

The Cheap InvestorJune 16, 2023June 16, 20230

By Angus Berwick and Tom Wilson LONDON (Reuters) – The U.S. affiliate of crypto giant Binance has carried out a…

  • Business
  • Economy

Crypto investors step up risk management after last year’s meltdowns

The Cheap InvestorJune 16, 2023June 16, 20230

By Elizabeth Howcroft LONDON (Reuters) -Cryptocurrency investors have grown more cautious about who they do business with, after being burned…

  • Asia
  • Economy

Blinken heads to Beijing hoping to calm fears of a US-China break

The Cheap InvestorJune 16, 2023June 16, 20230

By Humeyra Pamuk WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken goes to Beijing this weekend with expectations low…

  • Asia
  • Politics

Pentagon chief expresses optimism over eventual talks with Chinese counterpart

The Cheap InvestorJune 16, 2023June 16, 20230

BRUSSELS (Reuters) – U.S. Defense Secretary Lloyd Austin expressed optimism on Friday that he would eventually hold talks with his…

  • Europe
  • Middle East

Pentagon chief urges Turkish counterpart on Sweden’s NATO entry

The Cheap InvestorJune 16, 2023June 16, 20230

BRUSSELS (Reuters) -U.S. Defense Secretary Lloyd Austin said he urged Turkey to allow Sweden’s entry into NATO during an introductory…

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