Wirecard Scars Push Watchdog BaFin to Crack Down on Fintechs
The regulator’s letter was scathing, a laundry list of failings ranging from insufficient controls to flawed risk management
2023-11-09 23:55
Galaxy’s Novogratz Says No Crypto Rules Before 2024 Election, Expected Bitcoin ETF Approval
Michael Novogratz doesn’t expect US lawmakers to make headway on regulating the crypto sector before the 2024 election,
2023-11-09 23:54
Novavax Plans to Cut Costs by Another $300 Million
Covid-19 vaccine maker Novavax Inc. slashed its sales forecast and said it’s ready to cut at least another
2023-11-09 23:53
Microsoft Record Leads $1.5 Trillion Nasdaq Surge
Wall Street’s so-called Magnificent Seven has been living up to its name again, but none more so than
2023-11-09 22:57
Nordic Banks Face Latvian Hit From Planned Mortgage Rate Cut
Latvia’s parliament is poised to pass legislation that would slash mortgage interest rates for one year and leave
2023-11-09 22:55
Li Auto’s Revenue Beats Forecast With Over 105,000 EVs Sold
Li Auto Inc. reported better-than-expected revenue after delivering more than 105,000 electric vehicles in the third quarter, up
2023-11-09 22:51
US Continuing Jobless Claims Rise for Seventh Straight Week
Recurring applications for US unemployment benefits rose for a seventh straight week, adding to evidence that the labor
2023-11-09 22:23
Russian Strike on Merchant Ship Threatens Ukraine's Exports
A Russian missile strike on a commercial ship at a major Ukrainian Black Sea port is adding to
2023-11-09 21:51
Mexico Inflation Hits 32-Month Low as Banxico Meets on Rates
Mexico’s annual inflation slowed in line with expectations in October, giving the central bank some maneuvering room as
2023-11-09 21:30
Dollar Shortage Spurs 44% Devaluation in Malawi’s Currency
Malawi devalued its currency by 44% amid a shortage of dollars that has curbed imports of fuel and
2023-11-09 21:17
UBS Chief Ermotti Doesn’t See Cultural Clash With Credit Suisse
UBS Group AG’s chief executive officer pushed back against suggestions that cultural differences between his bank and Credit
2023-11-09 20:59
Singapore’s Grab Hits Adjusted Profit, Decade After Founding
Grab Holdings Ltd. posted its first-ever profit on adjusted basis, a milestone for the decade-old Southeast Asian ride-hailing
2023-11-09 20:29