Banks

Budrul Chukrut | LightRakete | Getty ImagesChina's central bank said Monday it had urged several payment firms and banks to crack down on cryptocurrency speculation, adding to calls from Beijing for restrictions on bitcoin and other…

According to the Institute of International Finance, an industry association, US banks are likely to post record profits in 2021 as the American economy recovers and financial markets remain buoyant.Tim Adams, chairman of the IIF, said…

WASHINGTON - The Biden administration's effort to provide $ 4 billion in debt relief to minority farmers is met with fierce opposition from banks, who complain that the government's loan repayment initiative has been exposed to decades of…

LONDON - There will be new mergers in the Italian banking sector in the coming months, the CEO of Italy's largest bank by market capitalization has predicted.Carlo Messina, CEO of Intesa Sanpaolo, told CNBC's Squawk Box on Friday: "I think…

The price of the Bitcoin virtual cryptocurrency is shown in this photo on a phone screen.STR | NurPhoto | Getty ImagesBitcoin may take another step towards mainstream adoption, according to CNBC.According to the crypto custodian NYDIG,…

Wilkins also stressed the economic risk of holding debts like Mississippi's. The racist subordination of nearly half of the state's population represented "an endless economic weight that must reduce the fiscal attractiveness of the…

Mike Schenk, chief economist for the Credit Union National Association, said he didn't have extensive data on what the credit unions were doing. However, when he called several credit unions, he found that "most of them no longer charge…

A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, DC on Tuesday, February 16, 2021.Al Drago | Bloomberg | Getty ImagesTrendy shoe brand Allbirds is in the process of surveying banks in preparation for an…

Senator Sherrod Brown (D-OH) speaks at the National Action Network 2019 National Congress in New York on April 5, 2019.Lucas Jackson | ReutersSenator Sherrod Brown, chairman of the Senate's powerful banking committee, is seeking to tie…

Mr. Hwang had worked under billionaire hedge fund titan Julian Robertson at Tiger Management and made him one of the company's famous alumni, or "cubs," when he started his own fund, Tiger Asia. However, in 2012 he faced an inside…