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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.

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.

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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. Discover

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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