Tag: credit

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Headlines about US credit debt hitting records get all the attention

Headlines about US credit debt hitting records get all the attention

What gets attention in the marketplace of ideas and news is negativity and sensationalism.What makes money in the marketplace of financial markets is [...]
UK banks HSBC, Nationwide to ban crypto purchases with credit cards: Report

UK banks HSBC, Nationwide to ban crypto purchases with credit cards: Report

United Kingdom babanks HSBC Holdings and Nationwide Building Society are banning cryptocurrency purchases via credit cards for retail customers. They [...]
ECB going to 4%, but who is counting? – Credit Agricole

ECB going to 4%, but who is counting? – Credit Agricole

Credit Agricole CIB Research discusses the ECB policy trajectory."EUR/USD has regained some ground more recently on the back of growing Eurozone rate [...]
US credit card deliquencies are now above pre-pandemic levels

US credit card deliquencies are now above pre-pandemic levels

The Fed and the market may be too early on calling for a slowdown in the economy but that doesn't mean that one isn't coming. The recession call may s [...]
Credit Suisse Beats Verdict Challenge in FX Case Others Settled

Credit Suisse Beats Verdict Challenge in FX Case Others Settled

Feb. 17, 2023, 6:36 PMSwiss bank won jury trial in case seeking up to $19 billionOther financial firms paid a combined $2.3 billion to settleCredit Su [...]
Credit Suisse Beats Verdict Challenge in FX Case Others Settled

Credit Suisse Beats Verdict Challenge in FX Case Others Settled

Feb. 17, 2023, 6:36 PMSwiss bank won jury trial in case seeking up to $19 billionOther financial firms paid a combined $2.3 billion to settleCredit Su [...]
Digital Asset Provider Raises $65M in Series B Led by Credit Suisse

Digital Asset Provider Raises $65M in Series B Led by Credit Suisse

Taurus, a digital asset infrastructure provider for financial institutions in Europe, has raised $65 million in a Series B capital raise led by Credit [...]
Digital Asset Infrastructure Provider Taurus Raises $65M From Credit Suisse, Deutsche Bank

Digital Asset Infrastructure Provider Taurus Raises $65M From Credit Suisse, Deutsche Bank

Taurus says it works with more than 25 financial institutions, including Credit Suisse and Deutsche Bank, as well as Arab Bank Switzerland and Pictet [...]
NFT Marketplace Magic Eden Partners With MoonPay to Offer Credit Card Payments

NFT Marketplace Magic Eden Partners With MoonPay to Offer Credit Card Payments

MoonPay has a similar partnership in place with NFT marketplace LooksRare. www.coindesk.com [...]
DeFi securitization of real-world assets poses credit risks, opportunities: S&P

DeFi securitization of real-world assets poses credit risks, opportunities: S&P

DeFi’s use case in traditional finance could grow in the coming years as new protocols attempt to support the securitization of real-world assets, acc [...]
Credit cards can bridge Web2 to Web3, says music industry exec

Credit cards can bridge Web2 to Web3, says music industry exec

Last year proved that the Web3 space is not just a phenomenon but rather the future of digital interactions. However, as pervasive as the space has be [...]
Biden Officials Credit New Border Measures for Decline in Illegal Crossings

Biden Officials Credit New Border Measures for Decline in Illegal Crossings

Crossings by migrants from Cuba, Nicaragua, Venezuela and Haiti have plummeted, but Republicans and some Democrats have attacked the new policies. ww [...]
Brazil’s Second-Largest Private Bank Launches First Tokenized Credit Note

Brazil’s Second-Largest Private Bank Launches First Tokenized Credit Note

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Alameda Research had a $65B secret line of credit with FTX: Report

Alameda Research had a $65B secret line of credit with FTX: Report

Former FTX CEO Sam Bankman-Fried (SBF) reportedly ordered Gary Wang, co-founder of the crypto exchange, to open a $65 billion "secret backdoor line of [...]
Bitcoin Miner Marathon Digital Pays Off Silvergate Revolving Credit

Bitcoin Miner Marathon Digital Pays Off Silvergate Revolving Credit

Marathon's plan initially, said Schumacher, had been to draw on the term loan to pay down the credit line, but the FTX collapse and resulting market u [...]
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