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Tag: banking

Posted on 25/03/2022

Goldman Sachs poised to lead U.S. IPO of SoftBank’s Arm – sources

SoftBank Group Corp is planning to pick Goldman Sachs Group Inc as the lead underwriter on the initial public offering of Arm Ltd that could value the British chip designing company at as much ... ( read original story ...)

Posted on 25/03/2022

SoftBank Is Seeking at Least $60 Billion in Arm IPO

SoftBank Group Corp. is seeking a valuation of at least $60 billion for Arm Ltd. when the business goes public, according to people familiar with the matter, aiming for a higher amount than it would ... ( read original story ...)

Posted on 25/03/2022

$500 Billion Crypto Boom Suddenly Sends The Price Of Bitcoin, Ethereum, BNB, XRP, Cardano And Solana Soaring

Bitcoin and cryptocurrency prices have rocketed higher, following global stock markets that have rebounded as investors come to terms with the Federal Reserve's inflation-busting interest rate ... ( read original story ...)

Posted on 25/03/2022

The next big business in crypto is ‘staking,’ according to a top expert. Here’s how it will work

It's risky, but some crypto investors are already earning an annual percentage yield of over 1,000% by “staking"—and a huge amount of passive income along the way. ( read original story ...)

Posted on 25/03/2022

Valkyrie’s Head Of Research Lists Top Two Lessons Learned After Almost A Decade In Crypto

Josh Olszewicz, head of research for Valkyrie, explains the top two things crypto has taught him since 2013, keying on the technology and his outlook. ( read original story ...)

Posted on 25/03/2022

In first for Israeli banking, Leumi to enable crypto trade

Bank Leumi will become the first Israeli bank to enable cryptocurrency trading, its digital platform Pepper Invest said on Thursday after partnering with U.S. blockchain firm Paxos. ( read original story ...)

Posted on 25/03/2022

Yoshitsu stock soars in afternoon trading, but still down significantly from IPO price

Shares of Japanese cosmetics retailer Yoshitsu (TKLF) soared 20% on  Thursday, but are still down 24% from their initial public offering price of $4 per share ... ( read original story ...)

Posted on 25/03/2022

Japanese bank Mizuho announces Google Cloud partnership

Japanese megabank Mizuho Financial Group has signed a strategic partnership with Google Cloud. The company will shift some services to the cloud, after it experienced multiple major outages last year. ( read original story ...)

Posted on 25/03/2022

Crypto Market Jumps Past $2T – and It’s Not Just Bitcoin Rising

The cryptocurrency market has seen a strong first quarter, with optimism returning in March after prices slumped in January and February, the so-called Crypto Winter. The long period of decline, ... ( read original story ...)

Posted on 25/03/2022

Wealthy investors want to jump on the crypto bandwagon, but here’s why financial advisors have little appetite to help

Add crypto insurance to the list of reasons why financial advisors are having a hard time getting their clients into digital assets. ( read original story ...)

Posted on 25/03/2022

Crypto Giveaways Return With Many of Same Old Risks

The crypto world is abuzz with tales of the virtual fortunes made and lost in recent weeks from the giveaway of ApeCoin, the cryptocurrency tied to the popular Bored Apes NFTs. ( read original story ...)

Posted on 25/03/2022

Crypto market appears split between risk-on and inflation hedge camps, says Cumberland’s Zuehlke

Chris Zuehlke, Cumberland global head, joins 'Squawk on the Street' to discuss the underlying fundamentals behind cryptocurrencies, the role the war in Ukraine plays in the acceleration of digital ... ( read original story ...)

Posted on 24/03/2022

Divorcing spouses are hiding millions of dollars of crypto from each other — and NFTs are increasingly involved too

Cryptocurrencies and NFTs are the new "Cayman Islands bank account" for divorcing couples, according to one investigator. ( read original story ...)

Posted on 24/03/2022

‘A total disaster’: Crypto firms face being booted from the UK as a key deadline approaches

Several companies, including Revolut and Copper, could soon be forced to wind down their crypto activities in Britain. ( read original story ...)

Posted on 24/03/2022

Crypto offshoot DeFi throws up new risks for investors, global regulators say

Decentralised finance - or DeFi - is throwing up new risks for investors as it evolves to mirror traditional markets, a global body for securities regulators said on Thursday, adding to a chorus of ... ( read original story ...)

Posted on 24/03/2022

VegaX’s Index-Based Crypto Platform Is Igniting Cultural Capital

Demand for crypto assets could also create a more sustainable inclusive capital ecosystem. Natasha Bansgopaul, COO of VegaX Holdings, an index driven crypto asset management platform, is successfully ... ( read original story ...)

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