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News: Banks and Finance - Liquidity Provider: FinTech Media

News: Banks and Finance

In this dedicated space, one can explore a wealth of knowledge encapsulating the domain of Banking and Finance. Designed to cater to the curiosity of those captivated by the banking industry and finance fans alike, it delves into various subjects from the workings of central and commercial banks to the innovative realm of fintech startups. Additionally, it sheds light on macroeconomic aspects such as inflation and financial crises, providing a comprehensive perspective on financial trends and developments.

The European Energy Crisis Is About To Go Global

The European Energy Crisis Is About To Go Global It was really only a question of time. Energy shortages in a globalized world are unlikely to be contained for long, especially in the face of shattered supply chains and a rush to reduce fossil fuel investment.

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Evergrande Collapse Could Affect Chinese Property Sector

Evergrande Collapse Could Have a ‘Domino Effect’ on China’s Property Sector China's "extremely distressed" real estate companies are in danger of collapsing, according to AllianceBernstein's Jenny Zeng, as the country's massively indebted developer Evergrande is on the verge of default.

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China Formally Applies to Join Asian Trade Deal Trump Abandoned

China Formally Applies to Join Asian Trade Deal Trump Abandoned Beijing has submitted an application to join an Asia-Pacific trade treaty that was advocated by the US as a means of isolating China.

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JP Morgan Unveils UK Digital Bank Chase

JP Morgan Unveils UK Digital Bank Chase JP Morgan will debut Chase, its new digital bank in the United Kingdom. The move will be the first retail operation in the 222-year history.

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Goldman Poaches ex-McKinsey Boss to Bolster Asia Business

Goldman Poaches ex-McKinsey Boss to Bolster Asia Business Kevin Sneader, a former McKinsey executive, has been appointed as Goldman Sachs' co-president for Asia-Pacific.

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UEFA Added Swissquote Bank as a Sponsor for the Europa League

UEFA Added Swissquote Bank as a Sponsor for the Europa League Swissquote, an online bank, has become a sponsor of the Europa League and the newly formed UEFA Europa Conference League, according to UEFA.

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Another Chinese bank halting forex services amid volatility concerns

Another Chinese Bank Halting Forex Services Amid Volatility Concerns A tier-one state-owned Chinese institution declared it will shut down its foreign exchange trading operation. Discover
DeFi Platform Cream Finance Lost $29 Million Due to Hacking

DeFi Platform Cream Finance Lost $29 Million Due to Hacking A hack of Cream Finance, a defi borrowing and lending protocol, resulted in the loss of more than $29 million from its vaults.

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Barclays Buys Gap's $3.8 Billion Credit Card Portfolio

Barclays Buys Gap’s $3.8 Billion Credit Card Portfolio Barclays announced on Friday that its US subsidiary will purchase a $3.8 billion credit card portfolio co-branded with retailer The Gap Inc.

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Uniswap Earned Liquidity Providers Over $1 Billion in Commissions

Uniswap Earned Liquidity Providers Over $1 Billion in Commissions Uniswap has earned more than $1 billion in commissions for liquidity providers since its debut in November 2018.

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deal

FXCM is the Winner of the Best Zero Commission Broker Award for 2021 FXCM is honored to have won ADVFN's Best Zero-Commission Broker award for the year 2021. A zero-commission broker is one who does not charge a fee to facilitate trades initiated by clients.

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money, bills, coins

Morgan Stanley Hires Two $1.3 million JP Morgan Private Bank Professionals Morgan Stanley is continuing to hire salaried private banking teams to support its wirehouse broker hiring initiatives.

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Goldman Sachs joins Wall Street competition Liquidity provider news

Goldman Sachs Joins Wall Street Competition in Raising Junior Banker Pay Goldman Sachs is raising the salaries of its junior bankers, the last big Wall Street business to do so in a year marked by record deal making activity and strong rivalry for employees.

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Dollar bills, Bitcoin

China is Pushing Money out of the United States with Bitcoin Instead of declaring war on cryptocurrency Chinese authorities appear to be putting things in order to further weaken the U.S. economy. China was pursuing a more calculated strategy, imposing reciprocal penalties and exporting its goods through intermediary nations.

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