Finance & Economics - page 71

News

Citigroup Plans IPO for Mexican Banking Unit Banamex

Citigroup announced its decision to take public its retail banking services division Banamex, which is based in Mexico.

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Citizens Bank to Pay $9 Million Fine Over Credit Card Billing Errors

The Consumer Financial Protection Bureau (CFPB) and Citizens Financial Group were able to reach an agreement on the CFPB complaint.

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ByteDance Co-Founder Sets Up New Venture Firm in Hong Kong

Co-founder of ByteDance Ltd. Zhang Yiming founded a company specializing in investment activities in Hong Kong.

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Raiffeisen Attempts Last-Ditch Russian Spin-Off

The increasing pressure to cut all ties with Moscow has finally boosted the efforts of Raiffeisen Bank International (RBI) to transfer its Russian arm to shareholders

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Apple Partners With Broadcom to Build Components

Apple on Tuesday, May 23, announced a multibillion-dollar deal with Broadcom to manufacture some wireless components in the United States.

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Disney Begins Third Round of Layoffs

Disney will soon begin the third stage of the campaign to reduce the workforce.

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JPMorgan On Track to Deliver $1 Billion in Value Through AI

JPMorgan last Monday, May 22, held an investor day, during which the vectors of further activities of the bank holding were outlined, including intentions related to the use of artificial intelligence were announced.

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Google Challenger Neeva Focuses on AI

Neeva announced the termination of the functioning of its consumer search engine and announced its intention to focus the available forces and resources on artificial intelligence.

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Disney Scraps $867 Million Florida Plan

The Walt Disney Company has abandoned its intention to invest $867 million in the construction of a new corporate campus in the state of Florida.

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PartsTech Raises $35 Million to Expand B2B Automotive Parts Marketplace

PartsTech announced the attraction of investment funds for $35 million.

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ChatGPT Сan Predict Stock Price Movements

Recently, ChatGPT has been receiving increasing attention from the finance industry, which has led to some promising results. In fact, two papers published just previous month have used the AI chatbot to complete various tasks related to the market.

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Goldman Strategists See Potential Profit Boom From AI

Strategists at Goldman Sachs Group Inc. believe that artificial intelligence can become a solid foundation for long-term profit growth in the United States.

Articles

The Benefits and Drawbacks of Different Credit Options: Which Is Best for You?

A credit card is a type of payment card given to users (called “cardholders”) so that they can pay for things and services based on their debt. Since credit cards have many benefits over cash or debit cards, it is not unexpected that they are now among the most popular pay methods.

News

UBS Sees $35 Billion Gain on Credit Suisse

UBS Group AG expects to make a profit of about $34.8 billion following the emergency takeover of Credit Suisse Group AG.

Articles

Advantages of Taking an Online Finance Course!

Online finance courses are becoming increasingly popular as more people look for avenues to upskill themselves. These courses offer a host of advantages over traditional classroom learning. In this blog post, we will explore the top benefits of taking online finance courses. Flexibility One of the most significant advantages of online finance courses is flexibility. […]

Articles

Influence Of Finance Crises on the Education Field

Although education and economy/finance are two different fields, they are related in many ways. The quality of education plays a major role in the economic growth of a country.

Finance & Economics