HSBC Hit With $73 Million Fine by UK Watchdog for Deposit Protection Failings
The Bank of England fined HSBC £57.4 million ($72.8 million) for "serious failings" in customer money protection.
Finance/Venture
JPMorgan Recruits Healthcare Banker From Deutsche Bank for Pharma Investment Team
JPMorgan Chase & Co. appoints Christopher Dass, a seasoned healthcare banker from Deutsche Bank AG, as managing director of their pharma-tech and pharma-services companies.
Wall Street Expresses Concerns Over Reddit's High User Growth But Low Share Value
Wall Street brokerages express doubts about Reddit's user growth which would reach 109 million users by 2026 as Reddit's shares fall below debut price...
Hong Kong Regulators Will Now Allow Bitcoin and Ether ETFs Amid Growing Crypto Adoption
Hong Kong's financial regulators have approved the launch of bitcoin and ether exchange-traded funds (ETFs) as part of their goal to become a 'crypto hub' in Asia...
Iran's Currency, Rial, Drops to Record Low Against US Dollar After Retaliatory Attack on Israel
Rial, the currency of Iran, experienced a historic low against the US dollar after the country's extensive missile and drone attack on Israel over the weekend...
Funding Solutions at The Centurion Pro: A Strategic and Innovative Approach to Business Finance
The rapidly changing business environment requires capital as a signif...
JPMorgan Asked By Carlyle Group to Help in the Initial Public Offering of its Company in India
JPMorgan and Kotak Mahindra Bank are enlisted by Carlyle Group to assi...
Latest News
Microsoft Market Cap Crosses $3 Trillion, Briefly Surpasses Apple
Microsoft briefly achieved a market capitalization exceeding $3 trillion during intraday trading on Wednesday.
Here's Why EU's Confiscation of Russian Central Bank Assets Is Highly Unlikely
The European Union (EU) is unlikely to seize the frozen assets of the Russian central bank in Europe, according to senior EU officials.
China Moves to Strengthen Chinese Yuan as Stock Markets Plunge: Report
China's state-owned banks have reportedly interfered to prevent the Chinese yuan from falling quickly.
Wilson Tennis Rackets Maker Amer Sports Eyes Up to $8.7 Billion Valuation in US IPO
Amer Sports, the maker of Wilson tennis rackets, is targeting an up to $8.7 billion valuation for its upcoming US initial public offering (IPO).
Vertical Aerospace Founder Invests $50 Million to Prevent the Flying Taxi Firm From Running Out of Cash
Vertical Aerospace has secured new funding from its founder Stephen Fitzpatrick, who will invest $50 million to ensure that the flying taxi firm will still have cash until later this year.
Macy's Ditches $5.8 Billion Takeover Bid After Investor Arkhouse Threatens to Take Offer Directly to Shareholders
Macy's has rejected a $5.8 billion offer from Arkhouse Management and partner Brigade Capital Management to take over the retailer.
Elon Musk Refutes xAI $500 Million Funding Report, Labels It 'Fake News'
Elon Musk took to social media to deny a report claiming that his AI startup, xAI, has secured $500 million in commitments from investors.
China’s Yuan Beats US Dollar as the Top Currency Traded in Russia
China's yuan has ousted the US dollar as the most traded currency in Russia in 2023.
Goldman Sachs, Morgan Stanley 4Q Profits Still Beat Expectations
Goldman Sachs and Morgan Stanley have both posted fourth-quarter earnings results that beat analysts' expectations.
