Myanmar Shadow Government to Launch Neobank to Finance Fight Against Military Junta
The shadow government of Myanmar, the National Unity Government (NUG), plans to create a neobank, whose activities will be carried out on the Polygon platform.
Finance & Economics - page 67
Exploring Top Strategies to Deal with Zombie Debt in California
In the United States, zombie debt is a term that describes old debts that have been sold or transferred from one creditor to another.
Mizuho to Create Fund to Support Japanese Tech Startups
Mizuho Financial Group announced plans to create a debt fund that will focus on supporting Japanese startups operating in the technology sector.
Citi Rolls Out Working Capital Loans
Citi announced its intention to meet the working capital needs of commercial clients as part of its activities.
Goldman Sachs Reports Drop in Profits
Goldman Sachs Group’s profit showed a sharp drop in the second quarter of this year.
Westpac Splits Consumer and Business Banking Unit
The combined Westpac business unit is going to be split into two, each with its own CEO
Nordea Is a New Owner of Danske Bank Norway Business
The Nordic region’s biggest bank Nordea is to acquire the Norwegian personal customer and private banking business of Danske Bank
How to Prepare Your Business for the Future: 5 Key Strategies
It is crucial for companies to be resilient to the challenges and changes that lie ahead. Businesses need to anticipate and prepare for these possible problems so that their impact is smaller and doesn’t affect future successes. In order to succeed, businesses need to anticipate future trends and evaluate associated risks. That’s why you need […]
Twitter Loses Nearly Half Advertising Revenue
The level of Twitter’s revenue from placing advertising materials on this virtual platform has almost halved after Elon Musk became the owner of the social network in October last year.
Venture Capital Firms Reportedly Slash Funds
The media reports that currently, companies with venture capital are reducing the volume of their mega funds after many years of accumulation and formation of the base of the financial asset.
Citigroup Fixes Personal Banking Revenue Growth in US
Citigroup reported that by the end of the second quarter of this year in the United States, the revenue received by this financial institution as a result of the provision of personal banking services increased by 11% compared to the indicator for the same period in 2022 and amounted to $4.6 billion.
Top China Mutual Fund Bets on AI Stocks for Recovery
China’s most highly performing mutual fund, Soochow Mobile, is currently preparing for the recovery of onshore shares.
Just Business: Why SMEs are Leasing Vehicles in 2023
For Small and Medium-sized Enterprises (SMEs), staying afloat amidst the tide of dynamic business landscapes presents unique challenges. Chief among them are the balancing act between financial prudence and maintaining a positive cash flow, and the necessity of projecting a professional image that can rival larger competitors.
Silo Technologies Raises $132 Million
Silo Technologies reported that it managed to raise investment funds for $132 million.
Monzo Evaluates Possible Merger With Lunar
The British mobile bank Monzo is currently assessing the potential prospects of a merger with the Danish financial institution Nordic peer Lunar Group A/S, as reported by the media concerning sources aware of the relevant intentions of the digital lender.
Finance & Economics
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