China’s Economic Troubles Hurt HSBC
HSBC on Wednesday, February 21, published data on a significant decrease in its quarterly profit after the share of this financial institution in China’s Bank of Communications (BoCom) fell by $3 billion.
Finance & Economics - page 51
Walmart to Acquire Vizio
Walmart intends to acquire Vizio, a manufacturer of smart TVs, as part of a deal worth $2.3 billion.
Monzo Aims for £4 Billion Valuation
Monzo, a fintech unicorn based in the United Kingdom, is set to achieve a £4 billion valuation as part of its latest funding round.
Navigating Success: The Role of Collateral Management in Asset Optimization
In today’s fast-paced and ever-changing financial markets, organizations have come to recognize the importance of maximizing their strategies to optimize their assets. A crucial aspect of achieving this objective is collateral management.
Barclays to Return £10 Billion to Investors in Overhaul
Barclays Plc announced its activity plans for the near future, which include taking measures to reduce costs, structural reorganization, and returning at least £10 billion to shareholders.
Capital One to Acquire Discover Financial Services
Capital One has announced the acquisition of Discover Financial Services.
Largest Credit Unions in US
During times of economic hardships and financial challenges, credit unions have become increasingly important in offering a wide range of financial services to eligible members.
France and Germany to Propose Measures for Economic Growth
French Finance Chief Bruno Le Maire said that in early March he would make proposals to German Economy Minister Robert Habeck to reduce the norms of the European Union, which, in his opinion, are a factor of negative impact on business and create obstacles to economic growth.
HSBC to Improve Ties With Hong Kong Unit
HSBC intends to tighten risk management in its Hong Kong unit Hang Seng Bank.
NatWest Sees Revenue Dropping
NatWest Group expects its revenue this year to likely decline because the business of this company is currently under pressure due to falling interest rates.
U.S. Bank Taps Pagaya’s Credit Intelligence Network for Personal Loans
U.S. Bank on Thursday, February 15, reported that over the past few months, more than 200 of its clients have received approval to get personal loans using technology and a credit intelligence network, which was enabled as part of the implementation of the partnership between this financial institution and Pagaya Technologies.
UK Falls Into Recession
The recession has become an economic reality in the United Kingdom, as evidenced by official data published by the Office for National Statistics (ONS) on Thursday, February 15.
Lyft Reports Q4 2023 Earnings
Last Tuesday, February 13, Lyft’s share price showed growth in extended trading but then began to move along a downward trajectory after the company’s CFO reported an error in the brand’s earnings release.
UK Inflation Holds at 4%
In the United Kingdom, inflation remained at 4% in January, demonstrating what corresponds to such a concept as stability.
Alibaba Seeks Middle East Partners
Chinese e-commerce giant Alibaba Group Holding Ltd. is currently seeking to establish partnerships with companies from the United Arab Emirates and Saudi Arabia.
Standard Chartered CEO Says About China’s Biggest Problem
Bill Winters, CEO of Standard Chartered Bank, said during a speech at the World Government Summit in Dubai that China is currently facing a lack of trust, which, in his opinion, is the most serious poser in the context of economic problems of this Asian country.
Finance & Economics
Breaking News
© 2025 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.