Finance & Economics - page 81

News

ADB Accelerates Climate Change Financing

The Asian Development Bank (ADB) launched the Innovative Finance Facility for Climate in Asia and the Pacific program to enhance support for the region in the battle against climate change

News

HSBC Announces Increase in Profits from Purchase of Silicon Valley Bank’s UK Business

Banking giant HSBC reported that its profit increased by $ 1.5 billion after the acquisition of the British business of the Silicon Valley Bank.

News

Janet Yellen Warns of US Cash Shortage Risk by June

US Treasury Secretary Janet Yellen said there is a risk that the US will run out of cash by June 1 if Congress does not decide to raise or suspend the debt ceiling.

News

JPMorgan to Take Over First Republic Bank

JPMorgan will take over the management of the American First Republic Bank, which found itself in a crisis situation.

News

OpenAI Closes $300 Million Share Sale

OpenAI startup, which has developed a popular conversational model of artificial intelligence ChatGPT, actively interacts with venture capital companies.

News

Credit Suisse Southeast Asia FIG Head Says to Join Deutsche Bank

The media, citing informed sources, report that the head of the Credit Suisse Group AG group of financial institutions in Southeast Asia, Nick Thursby, is joining Deutsche Bank AG.

News

Dropbox Lays Off 500 Employees

Cloud storage giant Dropbox has joined technology companies that are implementing a workforce reduction policy, announcing the layoff of 16% of staff, which is equivalent to about 500 people.

News

SNB Chief Wants Tougher Regulations After Credit Suisse Crisis

Thomas Jordan, President of the Swiss National Bank, is convinced that the crisis at Credit Suisse Group AG is evidence of the need to change the rules of regulation to apply the norm on the obligation of financial institutions to have a sufficient amount of available assets at any time.

News

JPMorgan Creates AI Model to Analyze Fed Speeches

A week before the Federal Reserve meeting, JPMorgan Chase & Co. presented an artificial intelligence model based on ChatGPT, the purpose of which is to decipher an in-depth analysis of central bank messages and identify potential signals for the trading sector.

News

Citizens Financial CEO Says Regional Banks Can Compete

Bruce Van Son, CEO of Citizens Financial Group, speaking on the Bloomberg Baystate Business Hour podcast, said that regional banks have the potential to fully compete with larger representatives of industry.

Articles

5 Tax Deductions You May Not Know About

Trying to get the biggest tax refund possible this year? You can save money and, in certain situations, increase your refund by examining your financial situation to see if you qualify for tax deductions and credits. Your adjusted gross income, which is required to determine how much tax you owe, could be reduced if you […]

Events

Lugano Business Forum in Support of Ukrainian Business

The two-day event organized by the Ukrainian-Swiss business association will gather about 500 industry leaders, innovators, investors and government officials from all over Europe On May 11-12, the Lugano Business Forum (LBF) will be held in Lugano, Switzerland — a meeting of business communities from Ukraine and several European countries to exchange experience and establish […]

Articles

The Role of Abraham Lincoln in Establishing the National Banking System

President Abraham is The Great Emancipator for his part in black emancipation. But little is known of his exploits as a major proponent of the federal monetary structure. Andrew Jackson vetoed the “Bank Bill” to the Senate in 1832. Later on, Jackson tagged it as the greatest achievement of his life. The bill killed the […]

News

First Republic to Sell Up To $100B in Assets

The beleaguered lender First Republic Bank is exploring ways to reduce the imbalance between its assets and liabilities

News

Silicon Valley Bank Employees to Get Back Some Money

Media reports that Silicon Valley Bank employees are returning some of the money after a period of uncertainty.

News

First Republic Cuts Up to 25% of Workforce

First Republic Bank intends to reduce its workforce by 25% in the second quarter of this year.

Finance & Economics