Finance & Economics - page 78

UBS to Pay Over $1 Billion to Settle Fraud Claims
Finance & Economics

UBS to Pay Over $1 Billion to Settle Fraud Claims

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.

The Strategic Impact of a Credit Repair Merchant Account
Finance & Economics

The Strategic Impact of a Credit Repair Merchant Account

In today’s financial landscape, credit repair has emerged as a critical service for individuals and businesses striving to improve their creditworthiness.

British High Commission in Fiji Form Partnership to Deliver Climate Finance Projects
Finance & Economics

British High Commission in Fiji Form Partnership to Deliver Climate Finance Projects

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.

Cash Flow Tips for Personal Finance Management
Finance & Economics

Cash Flow Tips for Personal Finance Management

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.

4 Common Gold Investment Mistakes and How to Avoid Them
Finance & Economics

4 Common Gold Investment Mistakes and How to Avoid Them

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.

American Banks Lose Nearly $19 Billion in Loans
Finance & Economics

American Banks Lose Nearly $19 Billion in Loans

In the United States, banks in the second quarter of this year reported losses on loans of almost $19 billion.

Federal Reserve Bank of New York Reports Record Americans’ Credit Card Debt
Finance & Economics

Federal Reserve Bank of New York Reports Record Americans’ Credit Card Debt

The indicator of the debt of residents of the United States on credit cards has reached a historical level of more than $1 trillion.

Chinese Export Declines Most in Last Three Years
Finance & Economics

Chinese Export Declines Most in Last Three Years

By the end of July, China recorded a sharper reduction in import and export indicators compared to initial expectations.

Sony Expects Smartphone Market Recovery to 2024
Finance & Economics

Sony Expects Smartphone Market Recovery to 2024

Sony Group, the largest supplier of camera sensors for smartphones, has changed its forecasts regarding the expected timing of the recovery of consumer demand in the market of mobile phones.

Moody’s Revises Credit Ratings of Six Major US Banks
Finance & Economics

Moody’s Revises Credit Ratings of Six Major US Banks

The international rating agency Moody’s has reviewed the credit ratings of six major US banks, including Bank of New York Mellon, State Street, and Northern Trust, for possible downgrades.

KeyBank Improves Cashback Service
Finance & Economics

KeyBank Improves Cashback Service

KeyBank has added new ways to get favorable rates, access to deposits, and cash refunds.

Palantir Improves Profit Forecast
Finance & Economics

Palantir Improves Profit Forecast

Palantir Technologies has changed its forecast of adjusted earnings in 2023 to improve.

SoftBank Vision Fund Makes First Profit
Finance & Economics

SoftBank Vision Fund Makes First Profit

Vision Fund, which is part of the ownership structure of the Japanese corporation SoftBank Group, announced its first profit.

British Finance Sector Reportedly Seeks to Delay on New Capital Requirements
Finance & Economics

British Finance Sector Reportedly Seeks to Delay on New Capital Requirements

The media reports that the central bank of England is currently under pressure, the purpose of which is to postpone the date of entry into force of the new capital requirements.

Bank of America Says About Importance of Transcontinental Transparency for Cross-Border Payments
Finance & Economics

Bank of America Says About Importance of Transcontinental Transparency for Cross-Border Payments

Isabel Baransky, director of Global transactional services at Bank of America and head of automatic conversion products in transactional currency payments, said that the lack of transparency is the most characteristic feature of the current state of cross-border payments.

Deposits Reportedly Disappear From Wells Fargo Bank Accounts
Finance & Economics

Deposits Reportedly Disappear From Wells Fargo Bank Accounts

Wells Fargo is currently solving a technical problem, as a result of which, according to reports in social media, direct deposits began to disappear from the bank accounts of customers of this financial institution.

Finance & Economics