Tag: credit
Credit Suisse Held $31M in ‘Digital Assets’ for Clients Last Quarter
Big banks including Citigroup, BNY Mellon, Goldman Sachs and State Street made SAB 121 shout-outs in their most recent quarterly earnings reports, per [...]
Australian data – July Private Sector Credit +0.7%
High risk warning:
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creat [...]
The fight to expand the child tax credit after the Inflation Reduction Act
As the ink dries on the Inflation Reduction Act — the landmark federal law that tackles climate change, drug pricing, health insurance, and tax enf [...]
NFT lending protocol Bend DAO proposes emergency changes amid credit crisis
On Monday, developers of decentralized nonfungible tokens (NFTs) borrowing and lending protocol Bend DAO proposed new emergency measures in an attempt [...]
IPOR Labs Unveils Protocol to Make DeFi Credit Markets More Transparent and Stable
“In the wake of the market collapse due to multiple [U.S. Federal Reserve interest] rate hikes, and the downfall of bad actors such as Three Arrows Ca [...]
S&P Global downgrades Coinbase credit rating for weak Q2 earnings, competitive pressures
Major American cryptocurrency exchange Coinbase saw its long-term issuer credit rating downgraded from BB+ to BB status by rating agency S&P Globa [...]
Coinbase Outlook ‘Negative,’ Credit Ratings Agency S&P Global Says
"Competitive risk has intensified in the crypto exchange sector, with the company's market share decreasing this year," S&P Global wrote. "We beli [...]
On TikTok, Knitting, Rapping and Promoting the Child Tax Credit
Their focus is on reaching young voters of color, a famously hard-to-reach demographic that tends to tune out politics. For Democrats, they are an imp [...]
Carbon credit NFTs are only effective if burned, experts say
Using nonfungible tokens (NFTs) as carbon credits, or carbon offsets, reveals an outlet for Web3 technology to foster a more environmentally friendly [...]
US consumer credit rises by $40.5B vs 25.0B estimate
Consumer creditIn US consumer credit rose $40.15B vs 25.0B estrevolving credit increased by $14.8B Non revolving credit rose by $24.3BFor the year, re [...]
Credit Suisse chairman denies plans to sell or raise capital after mammoth loss
Speculation has emerged in recent months that Credit Suisse may be considering a capital raise.Thi My Lien Nguyen | Bloomberg | Getty ImagesCredit Sui [...]
Credit Suisse CEO to step down from embattled investment bank, WSJ says
Thomas Gottstein, designated new CEO of Swiss bank Credit Suisse attends an interview with Reuters in Zurich, Switzerland February 7, 2020.Arnd Wiegma [...]
Credit Suisse sees Eurozone in recession by year-end
The 2022 GDP growth forecast is cut from 2.4% to 2.3% and the 2023 forecast is cut from 0.7% to -0.2%. Of note, Credit Suisse sees negative GDP growth [...]
How to avoid the ‘siren song’ of a credit card sign-up bonus
Virojt Changyencham | Moment | Getty ImagesNearly half of consumers holding a credit card with travel perks opened the card to chase the rewards — and [...]