Copies of the Financial Daily newspaper with a front-page report on Goldman Sachs Group Inc. are on sale at a stand in Kuala Lumpur, Malaysia on Tuesday, December 18, 2018. Nadirah Zakariya | Bloomberg | fake pictures Goldman Sachs said Friday that it resolved a key part of an international …
Read More »Image: Jacobs / Stringer (fake pictures) According to a public letter from the U.S. Comptroller of the Currency, the federal group responsible for the security of the banking system, banks are now allowed to hold cryptocurrencies. This does not mean that you will stack Sats into an FDIC insured account …
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Sergio Ermotti, CEO of UBS Group Stefan Wermuth | Bloomberg | fake pictures UBS announced a net profit of $ 1.23 billion for the second quarter of 2020, below 11% from the same period last year ($ 1.4 billion) when the coronavirus pandemic weighed on earnings. Analysts surveyed by the …
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The economic consequences of the coronavirus pandemic are likely to worsen when authorities begin to reverse aid measures, and banks could experience “much more damage” to their balance sheets, said Piyush Gupta, executive director of the Singaporean bank DBS group. Speaking to Christine Tan, CNBC presenter “Managing Asia,” Gupta said …
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FILE PHOTO: Pedestrians are reflected in the window as customers transact at a Bank of America ATM in Washington on July 19, 2011. REUTERS / Kevin Lamarque / File Photo (Reuters) – Retail investment is having a moment. Top U.S. brokerage firms reporting quarterly results this week applauded the self-directed …
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