Category: Fintech
Bank Fears Linger As Asian Shares Bounce Cautiously
As the world watches the unfolding drama of the U.S. Federal Reserve’s tapering of its bond-buying program, Asian stock markets have been in turmoil. With…
Ex-Hedge Fund Executive Raoul Pal Foresees A ‘Surprisingly Strong’ Bitcoin As Bank Loses Customer Trust
Amid a far-reaching economic crisis that is causing several major banking institutions to crumble and others to face potential risk, an ex-hedge fund executive, Raoul…
Banks Have Been Borrowing Negligible Funds From Central Banks’ Swap Facility – Report
According to reports, the Federal Reserve in the United States introduced a new, improved dollar swap facility for seven days last Sunday to alleviate the…
The Merger Of UBS And Credit Suisse Creates Uncertainty For The Swiss Economy
After years of false starts and missteps, UBS Group has emerged as the single global bank of the country, swallowing up its rival, Credit Suisse….
US Banks Unite To Inject $30 Billion Into Struggling First Republic Bank
In a remarkable show of solidarity, a consortium of America’s biggest banks has injected a multi-billion dollar recovery fund deal into the struggling First Republic…
Credit Suisse Secures $54 Billion Lifeline As Authorities Take Action To Avert Bank Crisis
On Thursday, Credit Suisse announced it would take out a $54 billion loan from the Swiss National Bank (SNB) to bolster liquidity and build investor…
Indonesia Religious Council Says Crypto Trading is Unlawful for Muslims
The prospects for cryptocurrency mining and trading have started to look bleak for the digital investors in Indonesia. The central authority on religious matters of…
By 2030, All Volvo Cars Will Have No Leather, Claims Volvo, Stocks Expected to Rise
As per the latest reports, Volvo Cars has made an announcement in regards to what it aims to achieve by 2030. The car manufacturing company…
CySEC Lifts Libertex’s Suspension
Fourteen days after Cyprus financial regulators suspended Libertex from running its operations, it has rescinded its decision. CySEC announced lifting Libertex’s suspension through its official…
Wondering what SPACs to Invest in? Martin Taylor Gives You Some Hints
Instead of dealing with the hassle that’s involved in an initial public offering (IPO), more and more private companies are opting for a reverse merger…
