Donald Trump's social media firm, Truth Social, saw its stock surge about 16% on its first day of trading on the Nasdaq.
Investors
Ripple Enters $150 Billion Stablecoin Market with U.S. Dollar Backed Digital Currency
Ripple enters stablecoin market with USD-linked digital currency, challenging Tether and Circle, amid ongoing SEC lawsuit over XRP sales and commitment to its native token.
Trump Media Investors Plead Guilty to Insider Trading Charges
Brothers Michael Shvartsman and Gerald Shvartsman, originating from Florida, admitted to one count of securities fraud each in New York City on Wednesday.
HSBC Is Considering Selling Some Business Units in Germany to Focus on Asia as It Further Exits From Europe
HSBC is reportedly considering selling various business units in Germany. HSBC is reportedly considering selling various business units in Germany, particularly those dealing with wealth management, custody, and fund administration.
Swiss Banking Giant UBS Launches New Share Buyback Program of up to $2 Billion
Swiss banking giant UBS revealed a new share buyback program of up to $2 billion on Tuesday. Swiss banking giant UBS revealed a new share buyback program of up to $2 billion on Tuesday.
Latest News
Citigroup has entered the final phase of an extensive overhaul to streamline its operations and enhance performance.
Adam Neumann attempted to buy back WeWork, the office-sharing company he co-founded and once valued at $47 billion before filing for bankruptcy in November.
Match Group, the parent company of Tinder and Hinge, adds two new directors after discussions with activist investor Elliott.
The DWAC voted in favor of merging with Trump Media & Technology Group, which owns the Truth Social platform.
British billionaire Joe Lewis pled guilty to insider trading and sought supervised release for three years and a $5 million punishment instead of jail time.
Citigroup has sold its non-US consumer business operations in nine out of 14 regions and "substantially wound down" three more in Korea, Russia, and China.
Singtel partners with NVIDIA for new AI Chips that launch GPU-as-a-Service (GPUaaS), offering on-demand access to AI-powered cloud computing with accelerated graphics processing units (GPUs).
South Korea has committed to providing 420 trillion won ($313.4 billion) in policy loans to finance projects that will help the country meet its climate goals.
Prominent student housing figure Patrick S. Nelson is facing a turbulent legal battle with debts reaching $115 million.
