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Tag: banking

Posted on 01/02/2024

Standard Chartered says this crypto price can double with regulatory boost near

The $800 billion asset manager predicted that the approval of new, institutional investment products will drive a price surge.

Posted on 01/02/2024

Options trading volume hits all-time high as this crypto sees price surge

Total trading volume reached nearly $20 billion this month on derivatives exchanges for a $285 billion digital asset.

Posted on 01/02/2024

George Osborne joins Coinbase as crypto firm faces US court fight

Appointment of former UK chancellor comes as regulator sues operator over claims it flouted rules ...

Posted on 01/02/2024

US: Two Charged In $1.89 Billion Crypto Fraud Scheme, Third Member Pleads Guilty

Authorities in the United States charged Monday three individuals tied to a US$1.89 billion cryptocurrency fraud scheme, in which two of them allegedly defrauded investors through fake crypto mining ...

Posted on 31/01/2024

Crypto heads toward 2024 election with $85 million war chest

The industry is making a play for legitimacy, with billions of dollars flowing into bitcoin ETFs and now — millions into PACs ...

Posted on 31/01/2024

With Crypto, COVID and SPAC Claims on the Wane, What Had Securities Class Action Filings Ticking Up in 2023?

It seems like we give the practice short shrift, especially considering that it generates hundreds of new cases per year and it is so central to many Big Law litigation shops. So, we’re going to try ...

Posted on 31/01/2024

SEC asks to dismiss contested crypto case in which agency faces sanctions over ‘materially false’ statements

SEC asks to dismiss contested crypto case in which agency faces sanctions over ‘materially false’ statements ...

Posted on 31/01/2024

Japan’s Nikkei records strongest January performance in more than 20 years

In a remarkable turn of events on Wednesday, the Japanese Nikkei index achieved its most robust January performance in 26 years. Overcoming early dec ...

Posted on 31/01/2024

As the Nikkei 225 index surges, is Bank of Japan a risk?

The Nikkei 225 index continued rising even as hopes of a Bank of Japan (BoJ) will start hiking interest rates rise. The index, which tracks the biggest companies in Japan, soared to a high of ¥36,280, ...

Posted on 31/01/2024

Tokyo Gas ups profit, dividend forecast ahead of Q3 results

Japan's Tokyo Gas on Wednesday raised its net profit and dividend forecast for the year ending in March 2024, ahead of posting third quarter results later this week.

Posted on 31/01/2024

Japan’s Nomura reports 24% drop in Q3 net profit, but core businesses strong

Nomura Holdings , Japan's biggest brokerage and investment bank, reported on Wednesday a 24% drop in quarterly net profit largely reflecting the one-off gains that boosted year-earlier earnings.

Posted on 31/01/2024

Japan Inc opens door to more women directors, but managers remain rare

Mitsuko Tottori's appointment as Japan Airlines' next president makes her something of a rarity in Japan - a female head of a well known company. While Japanese firms have rapidly lifted the number of ...

Posted on 31/01/2024

Japan’s Nikkei shakes off chip blues to post best January since 1998

Japan's Nikkei share average notched its best January in 26 years after shaking off early chip-led declines on Wednesday. The Nikkei recovered from losses as steep as 1% in early trading to end the ...

Posted on 31/01/2024

Tokyo Shares Rebound To Close Higher

Tokyo stocks closed higher on Wednesday as investors looked ahead to the Federal Reserve's latest policy decision, hoping for guidance on its plans for interest rates.

Posted on 31/01/2024

Japan’s Nomura Q3 net profit drops 24%

Nomura Holdings , Japan's biggest brokerage and investment bank, reported on Wednesday a 24% drop in quarterly net profit due to the absence of a one-off profit a year earlier.

Posted on 31/01/2024

Deal Watch: Debt Offerings Rise as Markets Begin to Turn

The size of the IPO has not been announced ... The issuance was announced Jan. 23 by Osaka, Japan-based Sumitomo Life Insurance. The Skadden Arps team was led by partner Kenji Taneda. Cleary Gottlieb ...

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