Finance/Venture

JPMorgan Chase Aims to Attract 15% of US Consumer Deposits, Expand Credit Card Share

JPMorgan Chase is reportedly striving to amass 15% of US consumer deposits and expand its credit card share.


Archegos Founder Bill Hwang Found Guilty of Securities Fraud

Defunct hedge fund firm Archegos Capital Management founder Bill Hwang has been found guilty of securities and market manipulation fraud which prosecutors claimed cost global investment banks billions..

Yonge Street Capital Co-Founder Nathanael Aikman Found Guilty of Fraud, Sentenced to 4-Year Jail Time

Yonge Street Capital co-founder Nathanael Anthony Aikman has been found guilty of fraud charges by a Canadian provincial court for accepting millions of dollars from investors...

Fifth Third Bank Agrees to Pay $20 Million to Settle Charges Over Fake Accounts, Forced Unwanted Car Insurance

Fifth Third Bank has agreed to pay $20 million to settle allegations about creating fake customer accounts and selling unnecessary car insurance...


Latest News

The Tychon Trio: Unleashing Innovation from the Caribbean
Amidst the sun-soaked landscapes of Trinidad and Tobago, where life pulsates to the rhythm of Carnival, you will find Tychon's three founders—Rawle Annandsingh, Kevin Blake-Thomas, and Darwin Feveck e
Revolutionizing Diversification: How Exchange Fund Brokerages May Shape the Future of Tech Investing
Exchange fund brokerages, a niche concept in the investment landscape, have steadily gained traction among tech investors. These brokerages help investors diversify their portfolios without facing und
Citigroup's Plan to Set up Securities Business in China Faces Delay
Citigroup Inc. is reportedly facing delays in its plans to establish a fully-owned securities business in China.
Chuck E. Cheese Reportedly Taps Goldman Sachs to Help With Potential Sale
Chuck E. Cheese, the popular US restaurant chain that came out from bankruptcy three years ago, is reportedly considering a sale amid acquisition interest.
JPMorgan Chase Says Ethereum Will Outperform Bitcoin, Other Cryptocurrencies in 2024
JPMorgan Chase analysts foresee a potential shift in the cryptocurrency market dynamics next year, predicting that ethereum will outperform bitcoin and other cryptocurrencies.
Undated Hybrid Securities of European Corporate Issuers and Their Treatment in the Current Market Environment
Hybrid securities, which are securities that are designed to comprise a mix of both debt and equity characteristics, have been around in various forms for many decades. But what exactly are hybrid sec
Dow Jones Hits an All-Time High After Federal Reserve Signals Interest Rate Cuts Next Year
After the Federal Reserve signaled it could start cutting interest rates next year if inflation continues to fall, the Dow Jones Industrial Average closed at a new record high.
JPMorgan Chase Reportedly Plans to Outsource $500 Billion Custody Business in Hong Kong, Taiwan
JPMorgan Chase is reportedly planning to outsource its local custody business operations in Hong Kong and Taiwan.
Federal Reserve Will Begin Interest Rate Cuts in June 2024, Survey Finds
According to the latest CNBC Fed Survey, there is a growing expectation that the Federal Reserve will initiate rate cuts in June 2024.
Arro Social: Blockchain Security, Compensation, and a 'Buy Us If You Like Us' Approach
Giants like Facebook and YouTube have long dominated the social media landscape, while its content creators face increasing challenges, including limited monetization opportunities, censored content,
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