The media reports that currently, the chief executive officer of Citigroup Jane Fraser is considering the possibility of creating a plan to break up the largest unit of this corporation as part of a restructuring strategy.
Evergrande Group, at one time the second-largest real estate developer in China, filed for bankruptcy in New York.
The Emirates Development Bank (EDB) has entered into a partnership agreement with Trade Capital Partners (TCP), which aims to create a solution for supply chain financing and working capital for small and medium-sized businesses in the United Arab Emirates (UAE).
Comerica Bank, headquartered in Dallas, Texas, announced the launch of a new set of solutions for small business and business banking clients.
JPMorgan has made changes to the forecast for high-yield corporate default in global emerging markets, increasing the level of probability of this scenario.
El Salvador’s bond market has witnessed a strong rebound, despite the scepticism about the government’s decision to adopt Bitcoin as legal tender
An analyst at Fitch Ratings warned that the US banking sector is currently on the way to a new downgrade, which could potentially affect dozens of lenders, including industry giants such as JPMorgan Chase.
In the world of financial markets, commodity trading and oil trading play crucial roles in global economies. Commodity trading encompasses a broad range of tradable assets, including agricultural products, metals, and energy resources, while oil trading specifically focuses on the buying and selling of oil and its derivatives.
The Brazilian digital bank Inter has published a report on the financial results of this virtual lender in the second quarter of this year.
It became known that the Swiss bank UBS agreed to pay $ 1.4 billion as part of the settlement of claims of involvement in fraudulent activities in the United States, which became a kind of premise of the financial crisis that broke out in 2008.
In today’s financial landscape, credit repair has emerged as a critical service for individuals and businesses striving to improve their creditworthiness.
The UK Government announced that the British High Commission (BHC) in Suva, Fiji, has established a partnership system under which climate finance projects will be implemented in the Pacific island States.
Personal finance management can mean the difference between you reaching your financial goals or ending up in debt. A lot of people aren’t taught how to manage their finances properly, but we’re going to help with sound advice.
The mid-1800s California Gold Rush is a tale entrenched in our collective memory, a period when seemingly everyone was gripped by gold fever, ready to wield a pickaxe and gamble on striking it rich. Fast forward to the present day, the pursuit of gold has certainly become less physically demanding, but not necessarily easier.
In the United States, banks in the second quarter of this year reported losses on loans of almost $19 billion.
The indicator of the debt of residents of the United States on credit cards has reached a historical level of more than $1 trillion.
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