Banking & Finance
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Synapse’s Collapse Freezes $160 M in Fintech World
The demise and insolvency of BaaS fintech Synapse has exposed the perilous state of the frequently interconnected fintech industry when…
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Global Central Banks re-evaluate as the big policy easing of 2024 fades out
Washington: The world’s main central banks were set to make an announcement six months ago that would have pleased credit…
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US: Interest rates held steady, feds hold 1 rate cut in 2024
The Federal Reserve kept interest rates at a 23-year high Wednesday, reducing its forecast of rate cuts this year to…
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Texas Stock Exchange Backed by BlackRock to challenge NYSE
A new national stock exchange situated in Dallas, backed by Wall Street heavyweights such as BlackRock and Citadel, aims to…
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Warren Buffet’s Investments relieved, Billions in Chubb
Warren Buffett’s Berkshire Hathaway Inc. disclosed a $6.7 billion interest in insurer Chubb Ltd., putting an end to months of…
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Royal Bank of Canada Fires Female CFO: Affair with Employee Who Received Higher Pay and Promotions
The Royal Bank of Canada, the country’s largest bank, has sacked its chief financial officer after discovering that she was…
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Amazon will join the Dow Jones Industrial Average while Walgreens is seeing its way out: Here’s all about it
Amazon will replace Walgreens Boots Alliance in the Dow Jones Industrial Average before trading begins on February 26th, marking the…
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Discover is being purchased by Capital One for $35.3 billion.
With the announcement that it will acquire Discover Financial Services for $35.3 billion inall-stock terms, Capital One will have an…
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Meta Platforms Announces Cash Dividend, Boosts Zuckerberg’s Net Worth
Meta Platforms has issued its first-ever cash dividend, causing waves in the financial scene and increasing CEO Mark Zuckerberg’s net…
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Microsoft Surpasses $3 Trillion Market Value, secures second spot after Apple
Microsoft has achieved an incredible milestone by officially reaching a $3 trillion market value. This solidifies its status as the…
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