Finance and BankingIconBrandElement

article-thumbnail

2024-10-09 | Current Affairs

Berkshire Hathaway Gains USD10 Billion from BofA Share Sales

Berkshire Hathaway, led by Warren Buffett, has sold off a significant portion of its stake in Bank of America (BofA), generating over USD 10 billion since it began selling shares in July, according to a filing released on Monday.

article-thumbnail

2024-09-06 | Current Affairs

Russian Court Freezes Raiffeisen Bank Shares, Halting Sale Plans

Russian court has frozen the shares of Raiffeisen Bank International’s (RBI) local subsidiary, blocking the sale of the bank’s Russian unit and intensifying tensions between Moscow and the West.  

article-thumbnail

2024-06-06 | Current Affairs

Swiss Finance Minister Flags Risks in Winding up Global Banks

Swiss Finance Minister Karin Keller-Sutter has raised concerns about the legal complexities involved in winding up global banks

article-thumbnail

2024-05-14 | Current Affairs

Prosecutors Claim Bill Hwang’s Archegos Was Built on Lies

Today’s News  Manhattan Federal Court Opens Trial on Alleged Market Manipulation by Archegos Founder Bill Hwang.  Sung Kook “Bill” Hwang’s trial began in Manhattan federal court, where he stands accused of deceiving Wall Street banks to obtain billions in funding, allegedly inflating stock prices.   According to Assistant U.S. Attorney Alexandra Rothman, Hwang’s ambition to […]

Any trading symbols displayed herein are for illustrative purposes only and shall not constitute any advice or recommendation by us. Any comments, statements, data, information, material or third party material (“Material”) provided on this website are for reference purposes only. The Material is used solely for the purposes of marketing communication and does not contain, and shall not be construed as investment advice and/or an investment recommendation for any transactions. While we took all reasonable efforts to ensure the accuracy and completeness of the information, we make no representations and warranties to the Material and shall not be liable for any loss, including but not limited to loss of profit, direct or indirect loss or damages for any inaccuracies and incompleteness from the information provided. You shall only use the Material for personal use and shall not reproduce, copy, redistribute and/or license the Material without our consent.

We use cookies on our websites to customize the information and experience displayed on our website according to your preferences. By accessing this website, you acknowledge that you have read and agreed to the details above and agreed to our use of cookies.

We strictly comply with all applicable laws and regulations in jurisdictions. It is your responsibility to determine and ensure that your investment meets your requirements. You undertake to bear all the consequences of your investment and trading activities.