CVB Financial Corp. finalized its merger with Heritage Commerce Corp., creating a combined entity with over $20 billion in assets, approximately $12 billion in loans, and $17 billion in deposits. This all-stock deal expands CVB's footprint into the Bay Area with 16 new branches and strengthens its position as a leading business bank in California. Heritage's CEO Clay Jones joins as President of the combined company, while CVB's CEO David Brager remains in place. The merger aims to accelerate growth and enhance service coverage across major California metropolitan areas.
Bitcoin's price surged 4.57% to around $72,500, driven by strong inflows into Bitcoin ETFs totaling $472.2 million in one day and nearly $797 million over the past week. The cryptocurrency broke above the $67,333 resistance and moved past its 200-day...
A Reuters/Ipsos survey reveals 63% of Americans believe President Trump and his family have inappropriately profited from cryptocurrency ventures, contrasting with 69% of Republicans who approve. Trump's crypto-related income reportedly exceeded $1.4...
BYD is seeing a stabilization in its business as declines in domestic Chinese sales narrow and total vehicle sales grew in June and July. The company's overseas sales, particularly in Europe and Brazil, have grown enough to significantly impact its o...
Trading volumes on South Korea's top crypto exchanges, Upbit and Bithumb, have surged sharply amid Bitcoin's recent rally. Upbit's 24-hour volume jumped 273% to $1.84 billion, its highest since March, with XRP leading trades. Bithumb's volume rose 13...
Stacks (STX) surged over 18% in 24 hours, driven by its strong correlation with Bitcoin (BTC), which recently rose to $77,000. The altcoin's trading volume also increased by 145%, reflecting heightened market interest. Technical indicators suggest ST...
