Preferred Bank PFBC Q2 2025 Earnings Transcript

Image source: The Motley Fool. DATE Monday, July 21, 2025 at 2 p.m. ET CALL PARTICIPANTS Chairman and Chief Executive Officer — Li Yu President and Chief Operating Officer — Wellington Chen Chief Financial Officer — Edward Czajka Chief Credit Officer — Nick Pi Deputy Chief Operating Officer — Johnny Sue Investor Relations (Moderator) —…

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Bank of England governor warns against private stablecoin issuance

Bank of England (BOE) governor Andrew Bailey recently warned against banks issuing stablecoins, saying that the Bank of England should focus on tokenizing deposits instead. Stablecoins introduce systemic risks to banking institutions that could destabilize the entire financial system, causing sovereign governments to lose control over their currencies, the BOE official told The Sunday Times…

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