Robinhood Crypto coming to New York after firm nabs coveted BitLicense
Robinhood, the California-based broker, now has the green light from regulators in New York to open up shop in the state, the firm said Thursday. The company announced that the New York Department of Financial Services granted Robinhood the so-called BitLicense, which is only held by a handful of crypto companies including Genesis Trading and...
Buffett’s Berkshire helps bankroll Occidental’s $38 billion bid for Anadarko –...
Warren Buffett's Berkshire Hathaway Inc committed $10 billion on Tuesday to Occidental Petroleum Corp's $38 billion cash-and-stock bid for Anadarko Petroleum Corp, boosting its chances of snatching a deal from Chevron Corp.
Societe Generale Reportedly Considers Thousands Of Job Cuts At Investment Bank
Societe Generale SA (SCGLF.PK, SCGLY.PK) is considering to cut jobs at its investment bank and find a partner for its cash-equity business in a bid to offset increasing cost pressure from regulation, Bloomberg reported citing people familiar with the matter.
Sterling Bancorp Enters Definitive Agreement to Acquire $504 Million in Commercial...
Source: globenewswire.com
Sterling Bancorp signed a definitive agreement to acquire the asset-based and equipment finance lending businesses of Woodforest National Bank in an all-cash transaction....
U.S. new-home sales fell 1.7% in July –
WASHINGTON — Sales of new U.S. homes slumped 1.7 percent in July, the second straight monthly decline as the broader housing market appears to have lost some of its momentum despite an otherwise so…
Visa Launches ePayments Processing in Argentina
Visa has launched a new ePayment processing system called VisaNet in Argentina, the company announced on Tuesday (Jan. 29). The company said the new service will bring new ways to pay and new services to Argentinian cardholders, shopkeepers and banking institutions. The launch will increase Visa’s slice of the domestic transaction pie in the region...
People’s United Financial To Acquire BSB Bancorp In $327 Mln Deal
People's United Financial Inc. (PBCT), the holding company for People's United Bank, N.A., said it agreed to acquire BSB Bancorp Inc. (BLMT), the holding company for Belmont Savings Bank, in a 100% stock transaction valued at abut $327 million.
Bank of America Accelerates Financial Center Expansion and Modernization Efforts |...
Bank of America continues to make significant investments to modernize more than half of its financial centers nationwide, along with its entire ATM n
U.S. consumer prices up 0.3 percent in October –
WASHINGTON — Consumer prices climbed 0.3 percent in October, with higher prices for gasoline, used autos and housing contributing to the increase. The Labor Department said Wednesday that this meas…
Jupiter Fund Management Names Wayne Mepham CFO, Effective Sept. 2 –...
Jupiter Fund Management Plc. (JUP.L) announced Tuesday the appointment of Wayne Mepham as Chief Financial Officer with effect from September 2, subject to customary regulatory approvals.
