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Revolving Debt Hits $1.36T in July, Soars 25% Above Pre-Pandemic Levels
Monday (Sept. 9) offered up a snapshot of consumer sentiment on where inflation is headed, their overall feelings about managing a mounting debt load, and where and how they’re spending against this...
Crypto Whale Facing Liquidation of $26,470,000 WBTC Position on Compound: Lookonchain
A crypto whale with a $26.47 million position in Wrapped Bitcoin (WBTC) is cutting it close after barely escaping liquidation last Friday. According to on-chain data tracker Lookonchain, a deep-pocket...
Bankruptcy Filing Highlights Deep-Rooted Issues in Big Lots’ Business Model
As Big Lots embarks on a Chapter 11 restructuring and prepares for acquisition by Nexus Capital Management, retail analysts are evaluating the company’s future amid a challenging market. They note t...
Lloyds Calls for Swift End to British Car Loan Investigation
A U.K. banking executive says the country needs to resolve its unfair auto-lending practice investigation. Great Britain’s Financial Conduct Authority (FCA) said in July that it was extending that p...
Finally Raises $200 Million to Bolster Small Business Finance Suite
Finance and human resources suite finally has raised $200 million in new funding. The financing, a $50 million Series B from PeakSpan Capital and $150 million credit facility from Encina, will help ...
Stock Markets in South and Southeastern Asia – Octa Broker Takes a Close Look at India, Indonesia and Malaysia
While the global market grappled with uncertainty, South and Southeastern Asia economies – particularly India, Indonesia and Malaysia – have emerged as unexpected investment hotspots. With stron...
Fides and Mitigram Partner to Improve Communication in Trade Finance Ecosystem
Fides Treasury Services and Mitigram have partnered to centralize and simplify global multibank connectivity and transaction communications, enabling clients to better manage their trade finance opera...
Cooking the Books: Preventing Insider Fraud With Back-Office Automation
2024 was the year cybersecurity evolved from an IT function to an organization-wide risk issue. But while external cyberattacks dominate headlines, insider fraud — the deliberate exploitation of an ...
Trader Says ‘True Move’ Coming for One DeFi Altcoin, Turns Bullish on SUI and One AI-Focused Crypto Asset
A closely followed crypto strategist believes that one decentralized finance (DeFi) altcoin is gearing up for “explosive” rallies. Pseudonymous analyst Altcoin Sherpa tells his 215,400 followers o...
HSBC Reportedly Considers Commercial-Investment Bank Merger
Banking giant HSBC is reportedly considering a merger of its commercial and investment bank operations. The plan is part of new CEO Georges Elhedery’s effort to eliminate overlapping roles across th...
Newswire > Tag: finance
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