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The profit surge was fueled by strong trading and investment banking results; the crypto exchange’s public offering could serve to validate digital currencies.
April 15 -
JPMorgan Chase reports first-quarter results; proposed corporate tax hike could boost infrastructure and other tax-advantaged lending.
April 14 -
The move is the latest by the Swiss bank following $4.7 billion of losses in the Archegos debacle; bitcoin ETFs move forward, but HSBC bans trading in firm linked to digital currencies.
April 13 -
Thomas Gottstein’s one-year tenure has been marked by multiple costly scandals; the company’s valuation and profitability have jumped as bitcoin’s price has surged, but are those levels sustainable?
April 12 -
The big Japanese investor is buying $500 million of the mortgage lender’s stock; Revolut will allow each of its 2,000 employees to work abroad for up to two months a year.
April 9 -
Dimon says “nearly all” of the bank’s 250,000 employees will return after the pandemic; Instacart has chosen Chase to issue its card, while DoorDash has received offers from 10 banks.
April 8 -
The Crypto Council for Innovation wants a voice in how bitcoin is regulated; the #GetBanked public awareness campaign aims to help people without accounts get stimulus checks faster.
April 7 -
The proposal would extend the freeze another six months, until 2022; the digital yuan will give the government greater control over the economy and its people and could threaten the dollar.
April 6 -
Prices keep rising as inventory shrinks, competition grows, and credit availability tightens; analysis and interviews find Black businesses lacked access to lenders and failed to qualify for loans.
April 5 -
Treasury secretary says more needs to be done to address vulnerabilities in the financial system; the researchers are expected to make their first progress report in the third quarter.
April 1