Trump’s Crypto Business World Liberty Seeks Bank Charter
World Liberty Financial Seeks Banking Authorization (Bloomberg) — World Liberty Financial, a cryptocurrency venture co-founded by former President Donald Trump, is looking to obtain U.S. banking approval for one of its businesses to broaden its $1 stablecoin operations. WLTC Holdings LLC has submitted a new application to the Office of the Comptroller of the Currency […]
Revolut Discusses Buying Turkish Bank FUPS
Revolut’s plans for international growth may soon take it to Türkiye. The company is reportedly in discussions to acquire a Turkish digital bank called FUPS, according to Bloomberg. The source did, however, mention that no final decision has been reached and there’s no certainty that Revolut will go through with the acquisition. FUPS is characterized […]
Japanese Yen remains weak due to financial challenges and uncertainty from the Bank of Japan
The Japanese yen (JPY) saw a slight recovery against the US dollar (USD) after a dip during Asian trading, though its upward momentum is somewhat hesitant, influenced by mixed economic signals. The increasing belief that the Bank of Japan (BoJ) will maintain its approach to policy normalization marks a notable contrast with the dovish outlook […]
The industry caused the bank to collapse and then quickly returned to business.
Industry Concludes Its Journey The celebrated HBO series, Industry, which explored the London offices of a leading American bank, reaches its endpoint. The bank has now changed ownership, being sold to a Gulf State sovereign wealth fund, resulting in the dispersion of its main characters. While the finale gave a sense of closure, it was […]
What’s in store for the large bank stocks following a successful 2025? Expect more of the same.
Bank Stocks May Still Rise, Says Jim Cramer Jim Cramer believes that there is still potential for bank stocks to grow, following a strong performance this past year. However, he advises against purchasing shares just before earnings reports come out later this month. Club holdings, Wells Fargo and Goldman Sachs, reached record highs in 2025, […]
36-year-old Bank of America employee with one leg works until 2am
Meet Ralph Etienne: The Banker Representing Haiti in Winter Paralympics Ralph Etienne, a 36-year-old associate at Bank of America’s London financial sponsors team, embodies remarkable resilience. At just 20, he lost a leg during the devastating 2010 earthquake in Haiti. “They had to carve my flesh out of the building to get me out,” he […]
Bank of America’s CEO shares that he hired 2,000 recent Gen Z graduates from 200,000 applications, and many are feeling anxious about the future.
Bank of America CEO Addresses Gen Z Concerns Over AI Brian Moynihan, the CEO of Bank of America, recently discussed the anxieties faced by Gen Z regarding artificial intelligence (AI). In light of large-scale layoffs attributed to AI, he aims to reassure young people entering the workforce. In a recent interview, he revealed that the […]
Bank of America anticipates an increase in dividends by 2026. These stocks offer higher payouts than the market.
Bank of America Anticipates Dividend Growth in 2026 Bank of America sees potential for its dividend to rise in 2026. Savita Subramanian, who leads the U.S. equities and quantitative strategy at the bank, pointed out that historically, dividend growth lags earnings per share (EPS) growth by about three-quarters. With the S&P 500 expected to have […]
Bank holiday for Hazrat Ali: Which banks will be closed on January 3? See the list.
Bank Holidays in January 2026 As we kick off 2026, it’s a good idea to check your bank’s holiday schedule before headed out. You wouldn’t want to find yourself in front of a closed door, right? Especially after the holidays, when folks are getting back to work and sorting out their finances. Are banks closed […]
Large New Jersey bank reveals $579M merger, significant growth into New York
OceanFirst Financial to Merge with Flushing Financial OceanFirst Financial Corporation, based in New Jersey, has announced plans to merge with Flushing Financial Corporation. This merger aims to create a regional bank with assets totaling $23 billion, primarily serving the New Jersey, Long Island, and New York markets. The deal is anticipated to close in the […]