Citadel Reports Record Profit of $16 Billion
In 2022, Ken Griffin’s Citadel brought investors a profit of $16 billion.
Finance & Economics - page 105
Danske Bank Releases Climate Action Plan
Danish Danske Bank has developed an action plan to combat climate change.
China Development Bank Increases Loan Support for Science & Tech
China Development Bank granted CNY 261.9 billion (about $38.68 billion ) of loans to support the country’s science and technology innovation in 2022
Signature Bank Will Not Handle Crypto Transactions Under $100,000
Once a crypto-friendly bank, Signature is trying to reduce its exposure to the beleaguered digital asset market, increasing the transaction limits for crypto traders it supports
Universal Digital Payments Network Launches at Davos
A Universal Digital Payment Network (UDPN) for stablecoins and Central Bank Digital Currencies (CBDC) was launched at the World Economic Forum (WEF) in Davos.
Virtual Fintech: Banking in the Metaverse
The buzzword of today – metaverse – drives closer attention and huge investments from all major tech players. Retailers and banks cannot stay behind.
Apple to Struggle to Return to Growth
To meet the expectations of Wall Street, Apple is facing a serious problem in the form of declining demand for products.
Google to Cut 12,000 Jobs
Google’s parent company Alphabet Inc. announced its intention to cut about 12 thousand jobs.
Hargreaves Lansdown Launches Voting Service
Hargreaves Lansdown launched a digital service through which customers can vote at shareholder meetings.
Copilot Lands $10M to Help Companies Build Digital Customer Experiences
Copilot, a platform designed to help marketing agencies, accounting firms, and law companies run businesses, has raised $10 million in a Series A funding round.
HSBC Gets Warning for Open Banking Malfunctions
HSBC Bank again faced claims from the British Competition and Markets Authority for publishing false information through its Open data API.
FNZ Buys YieldX
FNZ, capital management platform, acquired YieldX, a provider of fixed-income portfolio management technologies, optimization services, and direct indexing tools.
Microsoft, Amazon Set to Erase 28,000 Jobs
Microsoft and Amazon on January 18 began a large-scale reduction of employees.
Digital Dollar Project Announces Recruitment of Employees
The Digital Dollar Project (DDP), a non-profit organization aimed at stimulating public discussion around the central bank’s digital currency (CBDC) in the United States, has announced the recruitment of new employees.
German Bank N26 Expands Crypto Trading Service
German online bank N26 announced an expansion of its crypto trading services to 5 new European markets.
US Charges Bitzlato Founder With Money Laundering
The crypto platform Bitzlato is suspected of laundering funds tied to illicit Russian finance, US authorities arrested its founder
Finance & Economics
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