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Category Fintech

MainNewsFintech
Robinhood Acquires Kevin O’Leary-Backed Crypto Firm WonderFi for $179,000,000

Robinhood Acquires Kevin O’Leary-Backed Crypto Firm WonderFi for $179,000,000

The retail trading giant Robinhood is taking over a crypto firm touted by Shark Tank’s Mr. Wonderful, Kevin O’Leary. According to press releases fr...
Coinbase Stock (COIN) Explodes 20% As US Crypto Giant Gets Ready to Join S&P 500

Coinbase Stock (COIN) Explodes 20% As US Crypto Giant Gets Ready to Join S&P 500

Shares of Coinbase (COIN) are up big following news that the company will be joining the S&P 500 index later this month. In an announcement, Coinba...
Mark Zuckerberg’s Meta in Talks With Crypto Firms To Launch New Stablecoin: Report

Mark Zuckerberg’s Meta in Talks With Crypto Firms To Launch New Stablecoin: Report

Facebook parent company Meta is reportedly eyeing a venture into stablecoins amid growing interest and demand for the digital asset class. Citing a...
JPMorgan Chase, Bank of America, Wells Fargo and Citigroup Set Aside $34,866,300,000 for Credit Losses Amid Rising Macro Uncertainty: S&P Global

JPMorgan Chase, Bank of America, Wells Fargo and Citigroup Set Aside $34,866,300,000 for Credit Losses Amid Rising Macro Uncertainty: S&P Global

JPMorgan Chase, Bank of America, Wells Fargo and Citigroup are collectively setting aside tens of billions of dollars to cover potential credit los...
Lawsuit Alleging Citigroup Orchestrated and Concealed Fraud, Triggering $1,000,000,000+ in Losses Moves Forward

Lawsuit Alleging Citigroup Orchestrated and Concealed Fraud, Triggering $1,000,000,000+ in Losses Moves Forward

A revived lawsuit accuses Citigroup of orchestrating a more than $1 billion fraud at Oceanografia, a now-bankrupt Mexican oil and gas services comp...