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Tag: banking

Posted on 04/02/2021

Goldman’s Marcus head exits – Payoneer goes SPAC – Visa pushes into crypto

The top finance stories for February 4 including the latest news on the head of Goldman Sachs' Marcus leaving his role. ( read original story ...)

Posted on 04/02/2021

SoftBank-backed used car marketplace Auto1 rallies 45% in debut

Shares of SoftBank-backed used car marketplace Auto1 rallied 45% on Thursday following its debut on Germany's Frankfurt stock exchange. ( read original story ...)

Posted on 04/02/2021

The 2021 IPO par­ty kicks in­to gear with three de­buts, in­clud­ing Sana — biotech’s lat­est uni­corn

In a week where 10 biotechs are expected to price their IPOs, three companies — including the industry’s newest unicorn — kicked things off with a bang. Sana Biotechnology priced late Wednesday night ... ( read original story ...)

Posted on 04/02/2021

Crypto Market Faces Tough Challenges in 2021

There are still some challenges the crypto market might face this year including a significant surge in anonymous cryptocurrency transactions. ( read original story ...)

Posted on 04/02/2021

Bitcoin’s ‘worst case scenario’ is being a better form of gold, crypto investor says

Michael Wu of Amber Group says price volatility and corrections in bitcoin are expected though the cryptocurrency has "passed the stage" of being called a bubble. ( read original story ...)

Posted on 04/02/2021

SBF says he’s amassed a $10 billion fortune in just three years in crypto

FTX exchange CEO Sam Bankman-Fried is worth an estimated $10 billion according to a New York Magazineinterview. Alameda Research and FTX exchange founder Sam Bankman-Fried has amassed a fortune, ... ( read original story ...)

Posted on 04/02/2021

Japanese shares fall weighed by chip shares; Sony jumps on upbeat forecast

Japanese shares snapped a three-day winning streak on Thursday, dragged down by declines in chip-related companies, although a surge in shares of Sony limited some losses. ( read original story ...)

Posted on 04/02/2021

Pricey Tokyo Games Accelerate Calls for Olympic Reforms

But things didn’t go exactly as planned -- and not only because of the coronavirus pandemic, which forced the games to be delayed by a year. There was the expensive proposal for Tokyo’s main Olympic ... ( read original story ...)

Posted on 04/02/2021

Japanese shares slip as chip-related stocks lose steam; Sony jumps on strong earnings

Japanese shares snapped a three-session rally on Thursday, mainly led by declines in chip-related shares as investors booked profits, while electronics and media giant Sony jumped more than 9% on ... ( read original story ...)

Posted on 04/02/2021

Nikon Closes Two Japanese Camera Lens Factories As Market Shrinks

Nikon is set to cease operations at two of its Japanese factories in March. Those two factories are used to produce interchangeable lenses for its digital ... ( read original story ...)

Posted on 04/02/2021

Japan stocks set to dip; Apple close to finalizing deal with Hyundai-Kia

Apple is close to finalizing a deal with Hyundai-Kia to manufacture an Apple-branded autonomous electric vehicle, sources told CNBC. ( read original story ...)

Posted on 04/02/2021

Tom Hayes Says Libor Should Stay, Convicts Are Crazy for Crypto

Tom Hayes, the former trader convicted in the Libor-rigging scandal, said efforts to replace the benchmark were pointless and that the rate was far safer now. ( read original story ...)

Posted on 04/02/2021

Crypto Conversation: Uniswap Hits $30 Billion in Total Value Locked

Total volume on Uniswap skyrocketed in January, reaching $30 billion total value locked. This is twice as much as was deposited in the money market in December. At the same time, the price of the UNI ... ( read original story ...)

Posted on 04/02/2021

Crypto Markets Surge, ETH Price Rallies, Bitcoin’s Tight Range Indicates Big Move Ahead

Digital currency markets have been on the move northbound on Wednesday as bitcoin and numerous crypto assets have seen decent gains. ( read original story ...)

Posted on 03/02/2021

Crypto Taxes Make Headlines, But Blockchain Might Be The Key To Real Time Reporting

Cryptocurrency tax issues may make the headlines, but an additional impact of blockchain may be revolutionizing the audit and reporting space. The American Institute of CPAs (AICPA), the largest ... ( read original story ...)

Posted on 03/02/2021

Visa Reveals Bitcoin And Crypto Banking Roadmap Amid Race To Reach Network Of 70 Million

After partnering with 35 bitcoin and cryptocurrency platforms in recent years, Visa has announced it plans to help banks roll out bitcoin and cryptocurrency buying and trading ... ( read original story ...)

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