Bailout news and trends

Genesis to Get $140M Equity Infusion from Parent Company
Cryptocurrency // November 11, 2022

Cryptocurrency brokerage Genesis will reportedly get an equity infusion of $140 million from its parent company to strengthen its balance sheet after saying its derivatives business has $175 million locked in a trading account of FTX, which has filed for bankruptcy protection.  Get the Full...

Federal Reserve Expands Main Street Lending Program For SMBs
Economy // June 08, 2020

Answering the call to provide more help for small- and medium- sized businesses (SMBs), the Federal Reserve Board has made adjustments to its Main Street Lending Program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Warren Calls For Prosecution Of Bailout Program Fraudsters
Regulation // May 19, 2020

U.S. Sen. Elizabeth Warren (D-Mass.) wants the Federal Reserve Bank to draw up stringent regulations for corporate recipients of U.S. bailout funds – and to prosecute company executives if they “provide fraudulent or misleading information or misuse funds.” Get the Full Story Complete the form...

GOP Says Wait On More Bailout Money
Coronavirus // May 14, 2020

The Republicans are in no hurry to do another COVID-19 bailout. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Quick Reads
JPMorgan and Other Banks Reportedly Eye Expanding First Republic Support

March 20, 2023
Big banks are reportedly considering expanding their efforts to support First Republic Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from […]

Genesis to Get $140M Equity Infusion from Parent Company

November 11, 2022
Cryptocurrency brokerage Genesis will reportedly get an equity infusion of $140 million from its parent company to strengthen its balance sheet after saying its derivatives business has $175 million locked...

Federal Reserve Expands Main Street Lending Program For SMBs

June 08, 2020
Answering the call to provide more help for small- and medium- sized businesses (SMBs), the Federal Reserve Board has made adjustments to its Main Street Lending Program. Get the Full...

Warren Calls For Prosecution Of Bailout Program Fraudsters

May 19, 2020
U.S. Sen. Elizabeth Warren (D-Mass.) wants the Federal Reserve Bank to draw up stringent regulations for corporate recipients of U.S. bailout funds – and to prosecute company executives if they...