MicroStrategy CEO Michael Saylor speaks at Bitcoin 2021 convention (Photo by Joe Raedle / Getty … [+] Images) Getty Images MicroStrategy launched a strategy to invest a portion of its cash and future cash flows in alternative assets such as stocks, bonds, commodities and digital assets such as bitcoin in …
Read More »Monthly Archives: June 2021
Unity Bank is the only NJ Bank named one of the best places to
CLINTON, NJ, June 30, 2021 (GLOBE NEWSWIRE) – Unity Bank has been named one of the 2021 Best Places to Work in New Jersey – the only New Jersey bank to make the prestigious list. This is the fifth year in a row that Unity has been honored by the …
Read More »NBU allows banks to sell foreign currency in cash to individuals for cashless Hryvnia
The National Bank of Ukraine (NBU) has authorized Ukrainian banks to sell cash in foreign currency to individuals for non-cash hryvnia. The NBU said so in a statement, the Ukrainian news agency reports. “Authorized institutions will be able to sell foreign currency cash to individuals for non-cash funds in hryvnia …
Read More »Experts recommend “buy” on HDFC Bank, ICICI Bank
Bank Nifty shares to buy today: Following the massive sell off yesterday, Nifty and Bank Nifty received the best blow the market has seen during the entire trading session. However, for stock market experts, it was nothing more than profit taking that took place after Nifty hit its all-time high …
Read More »NatWest Bank has received several emails sent to customers.
In this connected age, it’s pretty handy to be able to do a lot of tasks that would otherwise have required a trip to a particular facility and long queues, right from your device. This is the reality we are quickly moving towards as banks, government institutions and even schools …
Read More »Wall St. Bellwether Jefferies sets second quarter record, led by investment bank
The Jefferies Banking Barometer (JEF) on Monday released record results for the second quarter after the closing bell, thanks to continued strength in investment banking. For the second quarter ended May 31, Jefferies Group reported total revenues of nearly $ 1.62 billion, up 56% from the $ 1.03 billion reported …
Read More »Mexico’s central bank crushes bank mogul over Bitcoin
Mexico’s central bank on Monday quelled the enthusiasm for the cryptocurrency expressed over the weekend by one of the country’s top bankers. Ricardo Salinas Pliego, a tycoon with large operations in retail, banking and television who has been seen as President Andrés Manuel López Obrador’s closest business ally, wrote in …
Read More »Edinburgh private bank Hampden & Co hires man from Sainsbury’s bank for managerial position
Colin Tate assumes the role of Chief Operating Officer (COO), leading the bank’s technology strategy and business change programs. He joins the Sainsbury’s Bank capital firm where he spent more than a decade in leadership roles including Head of Architecture, Head of Strategic Design and most recently Head of Digital …
Read More »Capital Amnesty officially started in Ukraine – Taxation
Ukraine: The capital’s amnesty officially started in Ukraine To print this article, simply register or connect to Mondaq.com. Volodymyr Zelensky, the President of Ukraine, launched the tax amnesty in February 2021. In recent months, many changes and amendments have been made to the first bill. Finally, on June 15, the …
Read More »The VN Index is heading towards a high resistance level of 1,400 points: Expert | Business
PetroVietnam Gas Thi Vai LNG receiving terminal in Vung Tau province. Photo pvgas.com.vn On the Ho Chi Minh Stock Exchange (HoSE), the market benchmark VN-Index had a choppy trading week with both bullish and bearish sessions. However, the index ended the week at a new high of 1,390.12 points. The …
Read More »Why are central bank digital currencies (CBDCs) now and what they might mean for climate change? (1/2)
A press man picks up a stack of uncut sheets of USD 20 banknotes on July 12, 2012 at the US Bureau of … [+] Engraving (BEP) in Washington, DC, where high-tech presses operate 24 hours a day. BEP is a government agency within the United States Department of the …
Read More »Ukraine sanctions against Russia target Putin’s inner circle
Russian President Vladimir Putin pictured with his close associate Arkady Rotenberg and others at an award ceremony in March 2020 marking the construction of the Crimean Bridge connecting mainland Russia to Russia-occupied Crimea. (Alexander Nemenov / Pool via REUTERS) While international attention tends to focus on the anti-Russian sanctions imposed …
Read More »Doha Bank QPSC: Sustainability is the future of investing
Doha Bank hosted an unprecedented online customer event on the 23rd June 2021 on the theme “Investment prospects” Over 400 guests attended the event on various virtual channels. The prospects were sponsored by the Private Banking division only for their high net worth clients in Qatar. Slim Bouker, Head of …
Read More »3 actions riding AMC’s tails
AMC Entertainment Holdings (NYSE: AMC) fly high these days. Even after taking a step back this week, the number one multiplex operator is a 25-bagger in 2021. AMC’s pop is even more astonishing when you consider that the number of shares has grown from 104.3 million to the end of …
Read More »Speeding up crypto legislation by CoinQuora
Central Bank of Ukraine: speeding up crypto legislation The National Bank of Ukraine is calling on the state to hurry to pass crypto legislation. The bank’s political unit also asked the board to look at the impact of crypto on central banks in other countries. The goal is to help …
Read More »RBI prescribes qualifications for general managers, full-time managers of urban cooperative banks
RBI prescribes qualifications for doctors, full-time directors of urban cooperative banks Highlights UCB MDs and WTDs will also need to be professionally qualified for the role The person must not be under 35 and over 70 at any time during their tenure Within the overall limit of 70 years, as …
Read More »Why AMC shares fell on Friday
What happened AMC Entertainment Holdings‘ (NYSE: AMC) management engaged with retail traders on social media. He’s trying to take advantage of the new popularity as a memes stock to raise capital to help the underlying business. But the title has fallen in recent days, including a drop of nearly 7% …
Read More »Bank of England orders Euroclear to build resilience after 2020 blackout
The Bank of England has ordered Euroclear to improve its technology and operational resilience after a deadlock last year in a crucial part of the plumbing that underpins the markets thwarted a planned auction to buy gilt. The central bank on Friday launched supervisory action against the UK and Irish …
Read More »All PSB, REC to buy stakes in the wrong bank; Association of Indian Banks files application for incorporation of NARCL
The EIB, E5P partner to support the energy efficiency of public buildings in Ukraine
The European Investment Bank (EIB), the E5P multi-donor fund and the Ukrainian Ministry of Community and Territory Development have reached new agreements to further support the implementation of the Ukrainian project for energy efficiency in public buildings (UPBEE) . The cooperation signed today includes a € 4 million grant from …
Read More »Zimbabwe: AFC commercial bank profits jump 1,086 pc
AFC Commercial Bank (formerly Agribank) tax-free profit climbed 1086% to $ 569 million (historical terms) in the year through December 2020, thanks to improved e-banking income and the growth of the loan portfolio. The exceptional performance saw the bank declare a dividend of $ 191.6 million for the fiscal year …
Read More »Bank CEO sent Manafort millions for Trump trustee job: prosecutors
NEW YORK – A Chicago bank owner traded $ 16 million in loans to ex-campaign manager for ex-President Donald Trump in a bid to secure a prestigious post in the Trump administration, a a prosecutor told jurors on Wednesday in an opening statement before a defense attorney assured them the …
Read More »Boston Private Financial (NASDAQ: BPFH) stock rating improved by Zacks Investment Research
Boston Private Financial (NASDAQ: BPFH) has been improved by Zacks investment research from a “sale” note to a “conservation” note in a research note issued to investors on Wednesday, Zacks.com reports. According to Zacks, “Boston Private Bancorp, through its subsidiaries, provides a full range of banking, commercial and residential services, …
Read More »GlaxoSmithKline, MicroStrategy, Shake Shack and more
Take a look at some of the biggest drivers in the premarket: GlaxoSmithKline (GSK) – Shares of the drugmaker rose 3.5% pre-market after detailing plans to turn its consumer healthcare business into a separate company. Glaxo will ultimately receive an $ 11 billion payment from the new company. MicroStrategy (MSTR) …
Read More »Neither the United States nor China will soon have ambassadors in their respective capitals. Will it make a difference?
China’s longest-serving ambassador to the United States, Cui Tiankai, has ad he retired after eight years, adding another layer of uncertainty in the relations between the two great powers. Cui, 68, whose time in Washington covered the presidencies of Barack Obama, Donald Trump and Joe Biden, has witnessed a profound …
Read More »Core Banking Software Market Size and Growth Opportunities with COVID19 Impact Analysis
Sample download request Need for customization Price and purchase options Core Banking Software Market Size and Forecast 2021-2028 by Verified Market Research specializes in market strategy, market direction, expert opinions and in-depth knowledge of the global market. The report is a combination of critical information including the competitive landscape; global, …
Read More »“Passport” key tactic in Russia push to annex eastern Ukraine, analysts say
AVDIIVKA, Ukraine – Tensions on the border with Ukraine are already staggering, but analysts and locals say Russia has adopted a powerful new strategy in its efforts to destabilize and potentially absorb part of its neighbor – by transforming the inhabitants of Russian nationals. It is not known how many …
Read More »Think companies can’t raise prices? Think again, says this manager, who offers 3 choices of small cap stocks.
What happens after a dramatic drop in stocks followed by an astonishing rebound? Stock futures haven’t done much so far on Tuesday, as investors await testimony on Capitol Hill from Federal Reserve Chairman Jerome Powell (see the buzz for more on this). While the market has decided, for now, to …
Read More »Chinese central bank asks Alipay, banks to crack down on cryptocurrencies
China’s central bank urged Ant Group’s Alipay e-wallet and four state-owned banks to step up efforts … [+] their crackdown on cryptocurrencies. SOPA Images / LightRocket via Getty Images China’s central bank has ordered Ant Group and four state-owned banks to step up their crackdown on cryptocurrencies as Beijing steps …
Read More »Should San Francisco run its own public bank? The debate returns
Before the COVID-19 pandemic, San Francisco was rushing to create its own public bank where the city could be in charge of its own finances and free from Wall Street influence. Advocates argued that the city would be able to invest in key local areas such as affordable housing and …
Read More »Unboxing the challenges of transitioning to a sustainable business – The World Peace Organization
Negotiations regarding the Turow coal mine have started between the Czech Republic and the accused nation, Poland. The lawsuit claims that the Turow coal mine, located near the Polish-Czech Republic border, is causing damage to neighboring Czech towns due to noise, dust and other industrial pollution, according to Reuters. Located …
Read More »bne IntelliNews – EU reaches agreement on sectoral economic sanctions in Belarus
The European Union has agreed to a broad package of sanctions against Belarus that target its key sectors, including sanctions against the financial sector, and overcoming objections from Austria, it was reported on June 18. The sanctions come after Minsk forced a Ryanair commercial flight between Athens and Vilnius to …
Read More »America First Financial Censorship
Another day, another de-banking. Imagine a ruthless country where peaceful citizens who fearlessly defend their heritage, families and faith can wake up in the morning and find themselves cut off from all their savings without explanation or recourse. This country is not Russia, China, North Korea, Venezuela or Iran. This …
Read More »Here’s why we’re reluctant to buy Magnit (MCX: MGNT) for its next dividend
Magnit public joint stock company The stock (MCX: MGNT) is about to trade off-dividend in three days. The ex-dividend date is a business day before a company’s registration date, which is the date the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is important because …
Read More »Digital euro will protect consumer privacy, ECB executive promises
The introduction of a digital euro would strengthen consumer privacy and protect the euro zone from the “threat” of competing cryptocurrencies that could undermine the bloc’s monetary sovereignty, according to the central banker who oversees its development. Fabio Panetta, a member of the board of directors of the European Central …
Read More »One of the world’s largest banks launches Bitcoin trading and custody in Switzerland
After six months of testing, this Swiss bank is preparing to offer Bitcoin trading and custody services to its clients. BBVA Switzerland is the latest bank to enter the cryptocurrency space. Today they announce that their service will open on June 21 for its private banking clients interested in investing …
Read More »NMA – Euro 2020 Rate My Team: MD-3 Wildcard
I played my unlimited chip in MD-2, which means when the final whistle blows on today’s action, my team will go back to this: So now I’m faced with a decision: are my two free transfers (plus maybe 1-2 more for hits) enough to save this team for MD-3? Or …
Read More »Deutsche Bank and Starwood grant $ 231 million loan for ultra-luxury West Hollywood project – Commercial Observer
Angelo Gordon and Urban landscape partners sealed a $ 231 million condo inventory loan for 8899 Beverly, an ultra-luxurious project in the heart of Los Angeles’ Westside, may first report Commercial Observer. German Bank provided the first mortgage, while Starwood Real Estate Trust provided a mezzanine loan as part of …
Read More »Dow drops more than 500 points, posting worst week since January
US stocks retreated on Friday, with the Dow Jones posting its worst weekly performance since late January as traders looked suspiciously at the Federal Reserve for clues to the direction of monetary policy. The Dow Jones Industrial Average fell 1.6%, or about 530 points, as of 4 p.m. Friday. The …
Read More »Ukraine imposes sanctions on US-wanted oligarch ahead of president’s trip to Washington
Ukraine has imposed punitive sanctions on Dmytro Firtash, a powerful tycoon indicted by the United States on corruption charges, as President Volodymyr Zelenskiy steps up his crackdown on influential elites ahead of his first official visit to Washington next month. The Secretary of the National Security and Defense Council, Oleksiy …
Read More »Tractor Supply Company (TSCO) shares are down 6.18% this week: buy, hold or sell?
Tractor Supply Company (TSCO) stock has gained 37.54% in the past 12 months, and the average rating for Wall Street analysts is Buy. Investors Observer proprietary ranking system, gives TSCO a possible score of 67 out of 100. This ranking is primarily influenced by a short-term technical score of 90. …
Read More »Investor Relations Week: LGIM Climate Divestments, Wise Direct Listing and Fed Watch
– Legal & General Investment Management (LGIM) has announced that it will be divesting four new companies due to their approach to climate change, reported Investment week. The UK asset manager said the Industrial and Commercial Bank of China, AIG, PPL Corporation and China Mengniu Dairy had crossed red lines …
Read More »UKRAINE MINISTRY OF ENERGY JOINS EUROPEAN CLEAN HYDROGEN ALLIANCE
The Ministry of Energy of Ukraine has announced its entry into the European Clean Hydrogen Alliance to coordinate efforts in the development of hydrogen energy.“The European Commission has identified Ukraine as one of the priority partners in the future hydrogen economy of the European Union. Therefore, membership of the European …
Read More »Green finance is infrastructure: the $ 100 billion opportunity for green banks | Womble bond dickinson
Last month, Womble Bond Dickinson launched “Doing Well by Doing Good,” a thought leadership series focused on how environmental and social governance impacts businesses. The following article summarizes “Green Finance is Infrastructure: The $ 100 Billion Opportunity for Green Banks,” an overview of the series. Click here to view the …
Read More »Where could go the stock Advanced Micro Devices after the announcement of the company? – Advanced micro-devices (AMD)
Advanced Micro Devices Inc. Shares (NASDAQ: AMD) were trading higher on Thursday after the chipmaker and Google Cloud announced T2D. T2D is the first in a new family of Tau virtual machines powered by a third generation AMD EPYC processor. Advanced Micro Devices stock was trading up 6.11% on the …
Read More »Bank of America recalls vaccinated workers to office after Labor Day – Commercial Observer
Bank of America wants all of its vaccinated employees to return to the office after Labor Day in September, joining a wave of competitors who have started doing the same after more than a year of working mostly remotely. CEO Brian Moynihan told Bloomberg Television on Thursday that he expects …
Read More »THE VOLUME OF MORTGAGE LOANS IN UKRAINE INCREASES BY A THIRD IN APRIL
The volume of mortgage loans in April 2021 was 789.1 million UAH, a third more than in March and 10 times more than in April 2020, when the issuance of new mortgages almost ceased , according to the results of the National Bank of Ukraine (NBU) survey of banks.According to …
Read More »HSBC Private Banking launches online trading in Asia
HSBC has opened up online trading access to private banking clients in Asia as part of a $ 100 million investment in its core banking and digital platforms over the next two years. HSBC Private Banking has launched its online trading platform in Asia, according to a statement, opening access …
Read More »CureVac Covid vaccine is only 47% effective in initial data, shares reservoir
A volunteer receives a dose of CureVac vaccine or a placebo during a study by German biotechnology company CureVac as part of a test for a new vaccine against coronavirus disease (COVID-19), in Brussels, Belgium, March 2, 2021. Yves Herman | Reuters CureVac stock plunged 50% into extended trading on …
Read More »Huntington Announces New Strategic Community Plan with $ 40 Billion Commitment to Strengthen Small Businesses, Minorities and Underfunded Communities | state
Columbus, Ohio and DETROIT, June 16, 2021 / PRNewswire / – Huntington Bancshares Incorporated (Nasdaq: HBAN) today announced a new strategy to address social, racial, environmental and economic inequalities on its footprint by committing to 40 billion dollars towards its new community plan. The plan will help improve financial opportunities …
Read More »Police Bust Major Ransomware Gang Cl0p
Image: Cyberpolice Ukraine Ukrainian police, together with Interpol and law enforcement agencies from South Korea and the United States, have arrested members of the notorious ransomware group known as Cl0p, according to a press release Ukrainian police. On Wednesday, the Cyber Police Department of Ukraine’s National Police announced the arrests, …
Read More »European stocks hold ahead ahead of Fed meeting
European stocks have remained stable around their all-time highs ahead of the US central bank’s monthly policy meeting, which will give investors a glimpse of how officials view the outlook for inflation over the next few months. The regional Stoxx 600 index and the UK FTSE 100 were flat after …
Read More »Verizon launches children’s money management app
Verizon wants to help improve children’s financial literacy. Sarah Tew / CNET Verizon has announced a new initiative to help improve children’s financial literacy, helping them save, earn, and spend wisely with a Visa Prepaid card and app. Verizon Family Money will include a expense account and savings safe, with …
Read More »New Mexico Cabinet Secretary Lawsuit Underway
NEW MEXICO (KRQE) – The lawsuit against a former New Mexico cabinet secretary is underway. Demesia Padilla is accused of embezzling thousands of dollars while she was cabinet secretary. Former governor Susana Martinez appointed Padilla primarily as head of state finances. Oversee billions of dollars as a secretary of taxes …
Read More »Washington Water Bank Legislation
Water banks, long used in eastern Washington to compile and transfer water rights, appear to be a useful means of allocating water rights in western Washington. However, water banks may also undergo significant changes due to recent legislative requirements. Even as the Washington State Department of Ecology (Ecology) announces additional …
Read More »Biden appoints candidate U.S. ambassadors to Israel, Mexico
WASHINGTON – President Biden on Tuesday announced his long-awaited first slate of ambassadors, including his candidates for key positions in Mexico, Israel and NATO, as he made his first overseas trip since his input function. Mr Biden also named Chesley B. Sullenberger III, the pilot who made a water landing …
Read More »LifeStance Health valued at over $ 7 billion as shares surge after IPO
LifeStance Health, one of the nation’s largest virtual and in-person ambulatory mental health care providers, soared in its commercial debut after raising $ 720 million in its initial public offering. Shares of the company, which is backed by private equity giant TPG Capital, was trading at $ 25.34 on Tuesday, …
Read More »Royal Bank of Canada (TSE: RY) price target raised to CA $ 140.00
Royal Bank of Canada (TSE: RY) (NYSE: RY) saw its target price raised by National Bank Financial research analysts to C $ 140.00 in a research report published on Tuesday, Target equity advisor reports. The brokerage currently has an “outperformance” rating on the stocks of the financial services provider. National …
Read More »What to do with money when you get married
Select’s editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from our affiliate partners. Before you officially get married, there are a handful of key conversations you should have with your …
Read More »Is the third dunning check still missing? Track your payment now with this online tool
Not aware of your stimulus payment? You can find out more through the tracker on the IRS website. IRS Worry about not having received your third stimulus check again? Your bank account may have a Pending deposit or maybe it is stuck en route in the mail. As you work …
Read More »Mechanics & Farmers Bank Review: Black Owned Bank, High Yield Control
The bottom line: Mechanics & Farmers Bank is the only black-owned bank in North Carolina, and its most powerful product is the high yield checking account. Advantages and disadvantages Annual percentage return (APY) 0.01% APY Advantages and disadvantages Details Benefits Easy to waive monthly service fee of $ 6 The …
Read More »Google Sheets Free Budgeting Tool
Select’s editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from our affiliate partners. If you’ve never budgeted before, the idea of keeping track of all your expenses and income sources …
Read More »MVB Bank launches MVB Edge Ventures
FAIRMONT, W.Va .– (COMMERCIAL THREAD) – MVB Bank, Inc. (“MVB Bank”, “MVB”) today announced the formation of a new wholly owned subsidiary, MVB Edge Ventures. Based on a private equity fund model, MVB Edge Ventures oversees the management, alignment and structure of MVB’s technology investments and allocates resources to help …
Read More »Louisiana Small Business Loans Navigation
Small-scale entrepreneurs in Baton Rouge, Lafayette, Shreveport, New Orleans, and other Louisiana cities are not able to operate by themselves. They require assistance at the beginning or growth of their business. In the event that they’re taking classes in business or courses offered at the expense of Louisiana Economic Development …
Read More »How to hire your first employee
Hiring new employees means additional resources and complexity for your business, including new administrative and management responsibilities. Finding the right employee and building a team can pay off in more ways than one, but the transition from sole proprietorship is a big step forward. If you don’t have a clear …
Read More »Brown Co. sheriff warns community of increasing scams
TOPEKA, Kan. (WIBW) – Brown County Sheriff John Merchant said his office recently saw an increase in citizen scam complaints, especially regarding Social Security, student loans and bogus sweepstakes . Sheriff Merchant says the Brown Countians have reported being called by people telling them their Social Security has been compromised …
Read More »What is an account statement? | Financial literacy
If you have an account opened with a financial institution, you will periodically receive a statement for that account. What is an account statement? In simpler terms, this is a summary of transactions and other activity for that account over a period of time. Depending on the type of account, …
Read More »Would a digital dollar make FedNow obsolete? | Payments Source
WASHINGTON – The Federal Reserve is developing a payments platform expected to launch in a few years to help consumers transact in real time. At the same time, the central bank is studying the potential creation of a digital currency, which would have a similar purpose and maybe even more. …
Read More »Booming fintech brings more talent opportunities to Latin America’s doorstep
The banking sector is undergoing a global overhaul. According to McKinsey, Latin America stands out the fastest growing region in the payments industry in 2019. Latin America is experiencing a financial technology boom, launching unicorns in the financial sector and attracting record amounts of venture capital funds. With fintechs offering …
Read More »Survey: Digital banking remains the method of choice for consumers for banking services
After the pandemic, consumers still prefer the ease and convenience of digital banking June 15, 2021 Provident Bank, a leading New Jersey-based financial institution, recently announced the results of an online survey of 600 U.S. consumers conducted in May 2021. As businesses begin to return to normal, the results of …
Read More »Martin Lewis warns of changing bank account after man earns £ 4,000
Martin Lewis’s new ITV money show Extreme Savers aired last week and showed how a man made £ 4,000 for his house deposit by switching bank accounts multiple times. David Buckeridge, 31, of Cambridge, revealed he continually switches bank accounts to take advantage of their introductory offers. “I have won …
Read More »Digital currencies could boost economic growth in developing countries where more than 50% of adults do not have bank accounts, BofA says
José Cabezas / Reuters Digital currencies could boost economic growth in developing countries, although their adoption is not without risks, Bank of America said. The company said digital currencies could lower transaction costs and enable more economic activity in emerging market economies. However, BofA warns that the rise of digital …
Read More »What is a draft stock account? – Councilor Forbes
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but this does not affect the opinions or ratings of our editors. If you are considering becoming a member of a credit union, you may notice that credit unions use slightly different terminology …
Read More »POLL-Market split on Ukrainian rates despite high inflation
* Reuters interest rate survey data: // realtime / verb = Open / url = cpurl: //apps.cp./Apps/cb-polls? RIC = UACBIR% 3DECI KYIV, June 15 (Reuters) – Analysts are divided over whether Ukraine’s central bank will raise its key interest rate this week or keep it at 7.5%, as it balances …
Read More »CYPRIOTE COMPANY ACQUIRES UKRAINIAN INSURANCE COMPANY
CC Continental City Capital LTD (Cyprus) announced the acquisition of 40% and 19.08% of the shares of the insurer Point (Kiev), according to the information base of the National Securities and Stock Markets Commission of ‘Ukraine.It is also noted that the contract for the purchase and sale of securities with …
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