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Search resuls for: "York Branch"


5 mentions found


☆ Kentucky lottery winner: Louisville man uses prize money to get out of debt
  + stars: | 2024-03-05 | by ( Kara Nelson | ) edition.cnn.com   time to read: +2 min
Stallard scratched off the $5 ticket in his truck, revealing a “50x” symbol – meaning the listed winning prize on his ticket would get multiplied by 50. “I figured it was going to be $5,” he said, according to a news release from the Kentucky Lottery. “I couldn’t believe it!”He had won the lottery game’s grand prize. Stallard won $150,000 that Friday afternoon, and held onto the winning ticket for the next three days. There are still two $150,000 winning tickets remaining for 50x The Cash lottery game, according to the Kentucky Lottery.
Persons: Charles Stallard, Stallard, “, ”, ” Stallard, I’m Organizations: CNN, Kentucky Lottery, Federal Reserve Bank of New, Federal Reserve, US Locations: Kentucky, Louisville, Federal Reserve Bank of New York, York
☆ Chinese bank ICBC hit by ransomware attack
  + stars: | 2023-11-10 | by ( Juliana Liu | ) edition.cnn.com   time to read: +3 min
Hong Kong CNN —A US unit of the Industrial and Commercial Bank of China (ICBC) was hit by a ransomware attack this week that disrupted some of its systems, reportedly hitting liquidity in US Treasuries which may have contributed to a brief market sell-off on Thursday. ICBC Financial Services, which is headquartered in New York, said in a statement that the attack, which happened on Wednesday, had been reported to law enforcement. “We successfully cleared US Treasury trades executed Wednesday … and [repurchase agreements] financing trades done on Thursday,” it said in the statement. The Financial Times and Reuters quoted some market participants as saying trades going through ICBC were disrupted, which affected market liquidity. It’s unclear whether the incident contributed to the weak 30-year bond auction conducted by the US Treasury Thursday.
Persons: “, ”, Wang Wenbin, Ipek Ozkardeskaya, Joe Biden, CNN’s Wayne Chang Organizations: Hong Kong CNN, Industrial, Commercial Bank of China, ICBC Financial Services, Treasury, York Branch, State, P, China’s, Ministry, Financial Times, Reuters, US Treasury, Swissquote Bank, Dow, Nasdaq, US Treasury Department Locations: China, Hong Kong, New York, Beijing, York, ICBC, Treasuries, Japan
☆ Puerto Rican bank sues NY Fed for suspending account in Venezuela-linked crackdown
  + stars: | 2023-07-25 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com   time to read: +2 min
The bank asked the court to bar the New York Fed from terminating its master account, without which it said it "cannot effectively function as a depository institution." A spokesperson for the New York Fed declined to comment. Federal prosecutors dismissed a civil forfeiture complaint and returned $53 million in seized funds to the bank. The New York Fed in 2019 said it would stop approving master accounts for some Puerto Rican banks due to U.S. sanctions on Venezuela aimed at ousting socialist President Nicolas Maduro, Reuters reported at the time. The bank said its founder, Marcelino Bellosta, has lived in the United States and Europe for much of the last 25 years.
Persons: BSJI, Nicolas Maduro, Marcelino Bellosta, Luc Cohen, Grant McCool Organizations: Banco San Juan, Inc, New York Federal, Banco, Banco San Juan Internacional, New York, New York Fed, Reuters, Thomson Locations: Puerto Rican, U.S, Venezuela, Banco San, Manhattan, York, Puerto, Venezuelan, United States, Europe, New York
☆ NYPD called to Silicon Valley Bank branch to respond to 'disorderly group' after SVB's shocking collapse
  + stars: | 2023-03-10 | by ( Sindhu Sundar | ) www.businessinsider.com   time to read: +1 min
The NYPD responded to a Silicon Valley Bank branch in after a complaint about a "disorderly group." An NYPD spokesman told Insider that police responding didn't witness any crimes from those gathered. People had apparently gathered at the bank's New York branch to try to withdraw their money from the collapsing financial institution. When the NYPD responded, officers didn't witness any criminal acts, a spokesman for the New York Police Department told Insider. A representative for Silicon Valley Bank did not immediately respond to Insider's emailed request for comment on Friday.
☆ Judge OKs NY weapons ban in Times Square and other 'sensitive' places — but calls the underlying law 'doomed'
  + stars: | 2022-09-01 | by ( Laura Italiano | ) www.businessinsider.com   time to read: +7 min
A judge let New York ban guns in 'sensitive' locations, but called the underlying law legally 'doomed.' Gun lobbies are fighting the NY law, enacted after a June Supreme Court decision expanded gun rights. The law bans guns in "sensitive" places like Times Square, parks, theaters, and houses of worship, and re-tightens concealed carry permit restrictions that had been loosened by the Supreme Court in June. But in the Bruen case, the Supreme Court found any such limits on the right to "bear arms" unconstitutional. Both gun lobby groups promised to continue to fight the New York law.
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