Viatris Inc. said Monday it has agreed to combine its biosimilars portfolio with privately held Indian company Biocon Biologics Ltd. for up to $3.335 billion, as part of a broader overhaul of its busi...
Tag: Banking
3 simple rules for cushioning yourself against inflation
This article is reprinted by permission from NerdWallet. Inflation — the rise in consumer prices — is a slow erosion of your money over time. Before 2021, the U.S. hadn’t seen annual core inflation m...
Why Russia Is Unlikely to Turn to Crypto Following International Banking Blockade
There has been a lot of recent narratives on the possibility of Russia switching to utilizing crypto if it’s ostracized by the international banking system. However, this may not be the case and it ma...
PayPal, Intel and Paramount Stock Hit Multiyear Lows. Insiders Bought Up Shares.
It isn’t surprising that many stocks have set new intraday lows for the latest 52 weeks, or even longer. Ed, let’s mention Russia-Ukraine since that’s the reason But it is notable when insiders—compan...
ECB says Russia bank subsidiary likely to fail
FRANKFURT, Germany — An Austria-based subsidiary of Russia’s state-owned Sberbank RU:SBER has been ruled likely to fail after depositors fled due to the impact of Russia’s invasion of Ukraine. The Eur...
Warren Buffett Has News Likely to Please Shareholders
Berkshire Hathaway’s 2021 vintage is like a good bottle whose consumption will undoubtedly delight fans and admirers of Warren Buffett, chairman and CEO of the company he runs with his right-han...
SEC proposes new rule requiring short-sellers to disclose their positions monthly
Gary Gensler has been circling short-sellers for months, and now the Securities and Exchange Commission chief is looking to make a big move. Under a new rule proposed by the SEC Friday morning, some i...
Core Banking Technology Company Thought Machine Partners with HD Bank
Thought Machine, a UK-based core banking technology company, today announced a strategic collaboration with Vietnam’s HD Bank for the modernization of HD Bank’s technology infrastructure. HD Bank call...
My mom cosigned student loans for my now-disabled sister. How can we repay them?
How to get out of student loan debt. Getty Images/iStockphoto Question: My mom cosigned my sister’s student loan for her online school, but life got in the way for my sister and because of her mental ...
Are Whales Banking On Altcoins like ETH,COMP, BAND For A 25% Surge
The global crypto market’s rise from its shadows has been baffling for the crypto fraternity. Who had little expectations of the market rebounding at this brisk pace? Folks from the business have been...
Coinbase stock falls as crypto platform casts doubt on Q1 outlook
Coinbase Global Inc. stock fell nearly 6% in extended trading Thursday after the Silicon Valley crypto platform crushed Wall Street expectations for its fourth quarter but cast doubt on current-quarte...
Digital Asset Banking: Payment Gateways
February 24, 2022, 1:22PM EST • 9 min read Quick Take Cryptocurrency payment gateways provide a trusted and easy integrable service for businesses seeking to accept cryptocurrencies as payment. Price ...
VAF Compliance Is a Forensic Service Provider That Can Help You Pass KYC/AML for Crypto Banking – Sponsored Bitcoin News
sponsored At VAF Compliance a team of experts is ready to help with all of your virtual assets compliance needs. Connect with VAF today; the leading virtual assets compliance company serving the Middl...
Meritor shares headed toward 24-year high after Cummins buys axle, braking and powertrain maker for $3.7 billion
Shares of Meritor Inc., a maker of axle, braking and electric powertrain components, were headed toward a 24-year high Tuesday, after the company announced a deal to be acquired by diesel truck engine...
SoFi to Acquire Technisys Banking Software Firm for $1 Billion
SoFi Technologies Inc, a US online personal finance firm based in San Francisco, has announced today that it has entered into a definitive merger agreement to buy Technisys, a banking software creator...
Stock Market Today: Overseas Stocks Fall as Russia-Ukraine Tensions Simmer
Text size Vladimir Putin and Joe Biden have agreed in principle to a summit in Europe. AFP via Getty Images Global stocks fell on Monday as tensions remained high over the Russian military buildup on ...
Companies Are Starting to Worry About the Russia Issue
Text size The Alcoa headquarters in Pittsburgh. CEO Roy Harvey said a Russia-Ukraine conflict could affect demand. Justin Merriman/Bloomberg The standoff between Russia and Ukraine has been causing pa...
JPMorgan Now Expects Nine Straight Fed Rate Increases Until March 2023
Text size Wall Street banks are predicting more aggressive rate increases by the Federal Reserve. Stefani Reynolds/AFP/Getty Images Economists at JPMorgan Chase said the Federal Reserve would likely r...
Bitcoin Falls to Below $40,000 as Wall Street in ‘Full De-Risking Mode’
Text size Dreamstime.com Bitcoin fell below $40,000 Friday on renewed worries of an imminent Russian invasion of Ukraine and the prospect of higher U.S. interest rates this year. Bitcoin, the world’s...
Scorned Treasury Bonds Could Be Good Bet After Fed Boosts Rates
Rarely has there been such unanimity of opinion among both Federal Reserve officials and the cadre of analysts who track and try to predict their future moves. Monetary policy will be tightened with a...
IRS to activate second ‘surge’ team to handle millions of backlogged tax returns
Two weeks ago, the Internal Revenue Service said it was reassigning 1,200 staffers as a “surge team” of reinforcements tasked with cutting into a backlog that included millions of unprocessed returns ...
‘She had a will, but it was null and void’: My friend and her sister are fighting over their mother’s life-insurance policy and $32,000 bank account. Who’s right?
Dear Quentin, My friend’s mom passed away about a year ago. She had a will, but it was null and void because there was only one witness signature. She has two daughters. One of the girls, Mary, moved ...