Tag Archives: Banking

Bloomberg HNA Group Assets Attract Interest From Fosun, JD.com (Bloomberg) — Fosun Group and an arm of JD.com Inc. are among suitors considering investing in domestic operations of HNA Group Co. as the indebted Chinese conglomerate is reorganized after being placed under government control, people with knowledge of the matter said.Ping An Insurance Group Co., Juneyao Airlines Co. and Air China Ltd. have also been studying HNA’s assets, the people said, asking not to be identified because… Source link

TipRanks Raymond James: 2 Chip Giants to Buy Now (And 1 to Avoid) Semiconductors are one of the modern world’s essential industries, making possible so much of what we rely on or take for granted: internet access, high-speed computers with high-speed memory, even the thermostats that control our air conditioning – there isn’t much, tech-wise, that doesn’t use semiconductor chips. The global semiconductor chip market was valued at over $513 billion in 2019, and despite the worst the… Source link

Today, Square, Inc. announced its industrial bank, Square Financial Services, has begun operations after completing the charter approval process with the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of Financial Institutions. Square Financial Services is an independently governed subsidiary of Square, Inc. Headquartered in Salt Lake City, Utah, its primary purpose will be to offer business loan and deposit products, beginning with underwriting and originating business… Source link

TipRanks Raymond James: 2 Big 7% Dividend Stocks to Buy Now Watching the markets with an eye to the main chance, Raymond James strategist Tavis McCourt sees both risk and opportunity in current market conditions. The opportunity, in his opinion, stems from the obvious factors: the Democrats won both Georgia Senate seats in the recent runoff vote, giving the incoming Biden Administration majority support in both Houses of Congress – and increasing the odds of meaningful fiscal support getting… Source link

Yahoo Finance’s Brian Cheung breaks down the differences between banking and Bitcoin. Video Transcript [MUSIC PLAYING] ZACK GUZMAN: Welcome back to “Yahoo Finance Live.” I want to spotlight here the update we’re seeing play out in the crypto markets. Of course earlier this week we saw Bitcoin top $20,000 a coin for the first time in history. A lot of people tying that back to what we saw at the end of 2017 when we got close to those levels. But some investors are saying this time is very… Source link

on November 30, 2020 at 6:00 am One of Russia’s largest banking institutions is transforming into a tech company focused on smart home technology. Sberbank, renamed Sber, is launching a flagship smart display called the SberPortal and the SberBox TV set-top streaming device to inaugurate the new approach. The new devices are powered by the three personalities of Sber’s new Salute voice assistant. Sber is pouring its considerable resources into the… Source link

(Photo Illustration by Beata Zawrzel/NurPhoto via Getty Images) NurPhoto via Getty Images OBSERVATIONS FROM THE FINTECH SNARK TANK Google has a compelling partnership pitch to banks and credit unions: “You’re lagging in technology. Your current vendors are years behind. Consumers think you’re irrelevant. We’re hip, we’re cool, we have all the latest technologies, and boy have we’ve got data! Come partner with us on our new checking account!” … Source link