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Financial News Around the World

Category: Finance News

Goldman Sachs faces big writedown on CEO David Solomon’s ill-fated GreenSky deal

The turbulence marks the latest fallout from CEO David Solomon’s decision to exit most of Goldman’s consumer efforts. 

Published 23 June 2023
Categorised as Finance News

Stocks making the biggest moves before the bell: Starbucks, CarMax, Virgin Galactic and more

These are the stocks posting the largest moves in premarket trading.

Published 23 June 2023
Categorised as Finance News

European business activity slows in June as higher interest rates begin to bite

S&P Global’s Chris Williamson described the numbers as “worrying” as the euro zone’s flash composite PMI dropped to 50.3 in June.

Published 23 June 2023
Categorised as Finance News

Check out this $110 million tech campus being built in Lithuania — the largest in Europe

The Tech Zity development is inspired by British renovation projects such as the Battersea Power Station and Tate Modern art gallery.

Published 23 June 2023
Categorised as Finance News

A.I. has a discrimination problem. In banking, the consequences can be severe

When it comes to banking and financial services, the problem of artificial intelligence amplifying existing human biases can be severe.

Published 23 June 2023
Categorised as Finance News

Tesla stock downgraded again. Here’s how to trade it now

Pros on CNBC discussed Tesla after the stock was downgraded by Morgan Stanley one day after Barclays also lowered expectations of Tesla’s future performance.

Published 22 June 2023
Categorised as Finance News

What to know about crypto investing as regulators weigh the first spot bitcoin exchange-traded funds

Bitcoin rallied this week amid news of possible spot bitcoin exchange-traded funds. Here’s what investors need to know before purchasing.

Published 22 June 2023
Categorised as Finance News

Fed Chair Powell says smaller banks likely will be exempt from higher capital requirements

Powell said Thursday that banks below $100 billion in assets won’t be impacted by any new capital requirements.

Published 22 June 2023
Categorised as Finance News

Warren Buffett’s charitable giving exceeds $50 billion, more than his entire net worth in 2006

Warren Buffett has boosted his total charitable giving to more than $50 billion — greater than his entire net worth in 2006 when he first scheduled the grants.

Published 22 June 2023
Categorised as Finance News

SEC fines JPMorgan subsidiary for deleting 47 million emails, some related to subpoenas

JPMorgan had received subpoenas and document requests in at least 12 civil securities regulatory investigations for emails that were deleted.

Published 22 June 2023
Categorised as Finance News

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