Samsung Electronics estimated Friday a 15-fold rise in Q2 operating profit due to rebounding semiconductor prices from the AI boom.Samsung, the top memory chip, smartphone, and…
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HSBC Adds 300 Employees in China After Acquiring Citi’s Wealth Business Date: June 11, 2024Location: ChinaHSBC Expands Workforce in ChinaThe Asia-focused lender, HSBC, announced on Tuesday…
European banking executives assert that the rise in artificial intelligence will increase banks’ reliance on large US tech companies. Consequently, this poses new risks to the…
A top supervisor at the European Central Bank stated in an interview released on Wednesday that certain banks in the euro zone have not met the…
According to the firms’ statements to Reuters, Bitpanda and Deutsche Bank will collaborate to handle user deposits and withdrawals for the Austrian cryptocurrency exchange. Consequently, the…
Governor Kazuo Ueda of the Bank of Japan (BOJ) stated on Monday that the bank will approach inflation-targeting frameworks cautiously. He pointed out that some obstacles are “uniquely…
Bangkok, Thailand, April 20-2024- Money20/20, the world’s leading fintech show and the place where money does business, concluded three industry-changing days of fintech conversations, networking and…
Calpers, the largest public pension plan in the US, is considering voting against ExxonMobil CEO Darren Woods’ reelection to the company’s board. This comes in response…
It is not anticipated that the Bank of England would alter interest rates today. However, markets currently price in nearly a 50/50 possibility of a cut…
On Tuesday, HSBC announced the retirement of Chief Executive Noel Quinn. This unexpected move comes after five years, during which Quinn oversaw a massive asset sale…