The Qatar Investment Authority is now the second-largest shareholder in Credit Suisse after doubling its stake in the embattled Swiss lender late last year.
Category: Finance News
Aramco-backed fintech opens bank branch in London to help Muslims invest
Wahed, an Islamic fintech startup backed by Saudi Aramco and Paul Pogba, debuted its own retail presence in the U.K. Tuesday.
Crypto exchange Gemini lays off 10% of workforce in its latest round of cuts
Crypto exchange Gemini will reduce headcount by 10%, a spokesperson told CNBC on Monday.
Crypto exchange Gemini lays off 10% of workforce in its latest round of cuts
Crypto exchange Gemini will reduce headcount by 10%, a spokesperson told CNBC on Monday.
Egg prices rose 60% in 2022. One farm group claims ‘collusive scheme’ by suppliers
Egg prices soared to historic levels in 2022, and one farmer-led advocacy group is alleging the trend is due to price fixing by leading producers.
Tax season starts with boosted IRS workforce, new technology as agency begins to deploy $80 billion in funding
Tax season kicked off for individual filers on Monday with a bigger IRS customer service team and enhanced technology, according to Treasury officials.
Stocks making the biggest moves midday: Wayfair, Meta, Apple, Spotify, Qualcomm and more
These are the stocks posting the largest moves in midday trading.
Jeff Ubben’s Inclusive Capital takes stake in Salesforce as more activists target the software giant
Jeff Ubben’s Inclusive Capital has taken a position in Salesforce, according to sources, CNBC’s David Faber reported Monday.
Stocks making the biggest moves premarket: Wayfair, Salesforce, Paypal and more
These are the stocks posting the largest moves in the premarket.
Bank of America, JPMorgan and other banks reportedly team up on digital wallet to rival Apple Pay
According to the Wall Street Journal, the digital wallet would be operated by Early Warning Systems, a joint venture from several banks that also runs Zelle.