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Fintech

Wave of New Crypto ETFs Coming in 2025, According to Bloomberg Analyst Eric Balchunas

Bloomberg exchange-traded fund (ETF) analyst Eric Balchunas says that 2025 will likely see many new digital asset ETFs be approved.…

December 17, 2024

Arthur Hayes-Backed Ethena Labs Launches New Stablecoin Backed by BlackRock’s BUIDL

Ethena Labs is announcing the launch of a new US dollar-pegged stablecoin that will be backed by BlackRock's USD Institutional…

December 16, 2024

US Bank Regulator Terminates ‘Legal Loophole’ That’s Draining $5,000,000,000 From Customer Accounts Per Year

A US bank regulator says it's shutting down a "legal loophole" that's costing customers $5 billion in fees per year.…

December 12, 2024

Billionaire Ken Fisher Pours $800,000,000 Into JPMorgan Chase in Massive Bet on US Bank – Here’s His Top Picks As 2025 Arrives

Billionaire Ken Fisher is dramatically increasing his firm's position in US banking giant JPMorgan Chase. New SEC filings show Fisher,…

December 2, 2024

JPMorgan Chase Paying $1,790,000 Penalty for Overcharging Clients in Singapore, Failing to Stop Employee Misconduct

JPMorgan Chase is paying a $1.79 million penalty for overcharging a group of clients in Singapore. The Monetary Authority of…

December 2, 2024

JPMorgan Chase Abruptly Terminates 10 Year-Old Girl’s Bank Account, Refuses To Release $2,100 for More Than Year: Report

JPMorgan Chase abruptly terminated a 10 year-old girl's bank account for simply cashing a check, according to a new report.…

November 30, 2024

$89,670,000,000 in Increasingly Risky Loans Flagged at JPMorgan Chase, Wells Fargo and Bank of America: Report

America's biggest banks are reporting a rapid increase in the number of substandard, doubtful and potentially loss-making loans on their…

November 29, 2024

Billionaire Bill Ackman Pours $2,300,000,000 Into Two Assets in Just Three Months

Billionaire hedge fund manager Bill Ackman is making major changes to Pershing Square Capital Management's portfolio. Pershing Square just purchased…

November 28, 2024

JPMorgan Chase Declared World’s Most ‘Too Big To Fail’ Bank As Bank of America’s Global Systemic Importance Drops: Report

An agency tasked with identifying and regulating global systemically important banks (G-SIBs) says JPMorgan Chase stands alone as the world's…

November 27, 2024

Billionaire Warren Buffett Pours $752,000,000 Into New Assets After Dumping Apple, Bank of America

Billionaire Warren Buffett is pouring hundreds of millions of dollars into two new investments. Berkshire Hathaway's new 13F filings show…

November 23, 2024