Political News, Analysis and Opinion
The Real News Network
Over the past few years, many fintech companies, including Betterment, Current and Credit Sesame, have started to offer checking accounts. This week, saving and budgeting app Digit is joining those … Read More
Current, a digital banking start-up that has gained momentum during the pandemic, has tripled its valuation to $2.2 billion just five months after its previous fundraising round, CNBC has learned. … Read More
Last week, Credit Suisse revealed that it was expecting heavy losses in the wake of the meltdown of U.S. hedge fund Archegos Capital. It took a charge of $4.7 billion … Read More
The bank aims to begin offering investments in the emerging asset class in the second quarter, according to Mary Rich, who was recently named global head of digital assets for … Read More
Credit Suisse announced on Thursday that Ulrich Körner will become the new CEO of its asset management business from April 1. The Swiss investment bank is trying to contain the … Read More
Australia's Macquarie Group said on Thursday it had agreed to buy U.S.-based investment management firm Waddell & Reed Financial for $1.7 billion in cash, expanding the retail footprint of its … Read More
Of this, about 27 lakh MSME units received cumulative disbursement of ₹1,36,140 crore till October 5 The Finance Ministry on Thursday said banks have sanctioned loans of about ₹1,87,579 crore … Read More
The banks are breaking down again. The KBE bank ETF, whose holdings include JPMorgan and Citigroup, tumbled more than 4% to begin the week as the group bore the brunt of … Read More
Francesca McDonagh said the impact of impairment costs to banks “can’t be overstated.” The bank took an impairment charge of 937 million euros ($1.1 billion) to cover loans and other … Read More
Wirecard Card Solutions will meet Friday to outline the terms of a sale of its card technology and associated U.K. assets to Railsbank. Munich-based Wirecard filed for insolvency in June … Read More
