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- Crypto lender Nexo gets U.S. bank charter after buying stake in regulated bank
Nexo's bank license will bring users enhanced legal safeguards and help it expand its footprint in the U.S., the company said.
- Credit Suisse to remain 'under pressure' but analysts wary of Lehman comparison
Credit Suisse shares briefly sank to an all-time low on Monday while credit default swaps hit a record high.
- Stocks making the biggest moves premarket: Rivian, Credit Suisse, Poshmark and more
These are the stocks posting the largest moves in premarket trading.
- Mortgage mayhem sparks fears of a housing market crash in Britain
"A scenario whereby house prices crash ... is looking increasingly likely," U.K. economist Andrew Goodwin warned.
- Mastercard pushes deeper into crypto with new tool for combating fraud
Mastercard will on Tuesday launch a new product called Crypto Secure that helps banks assess the risk of crime associated with crypto merchants on its network.
- China's climate push could spawn new global players, even if Beijing falls short on its pledge
China says it wants to be carbon neutral by 2060 — and those stated ambitions are spawning companies that could one day become global leaders.
- Stocks making the biggest moves after hours: Rivian, Kezar, Dynatrace and more
These are the stocks posting the largest moves in extended trading.
- Stocks making the biggest moves midday: Peloton, Tesla, Viasat, Wells Fargo, Box and more
These are the stocks posting the largest moves midday.
- Credit Suisse shares pare losses after earlier plunging as much as 10%
Credit Suisse executives are in talks with investors to reassure them amid rising concerns over the bank's financial health, the Financial Times reported.
- 3 takeaways from our daily meeting: Stocks jump, two trades and Club names in the news
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
- Stocks making the biggest moves in the premarket: Credit Suisse, Tesla, Myovant Sciences and more
The stocks making the biggest moves in premarket trading include Credit Suisse, Tesla, Myovant Sciences, and more.
- Despite success this year, underperformance rates are 'abysmal' for large-cap active managers for the long run
Active managers are having their best year since 2009, according to an S&P Global study. But the results come with a caveat.
- ‘The Fed is breaking things’ – Here’s what has Wall Street on edge as risks rise around the world
The Fed's efforts to tame inflation are rippling around the world, with potentially unforeseen consequences for investors.
- Stocks making the biggest moves midday: Nike, Rent-A-Center, Carnival Cruise
These are the stocks posting the largest moves in midday trading.
- Fed Vice Chair Brainard warns against retreating from inflation fight prematurely
Fed Vice Chair Lael Brainard stressed the need to tackle inflation and the importance of not shrinking from the task until it is finished.
- New coin designs for King Charles III released by the UK's Royal Mint
The 50p coin, which will be in circulation before the end of the year, shows the new king without a crown and facing left.
- Stocks making the biggest moves premarket: Nike, Micron, Amylyx and others
These are the stocks posting the largest moves before the bell.
- Pension fund panic led to Bank of England's emergency intervention: Here's what you need to know
The Bank of England on Wednesday launched a historic intervention to stabilize the U.K. economy.
- Stocks making the biggest moves midday: Apple, CarMax, Coinbase, Peloton and more
These are the stocks posting the largest moves in midday trading.
- Stocks making the biggest moves premarket: Apple, CarMax, Bed Bath & Beyond and more
These are the stocks posting the largest moves before the bell.
- 'Do not bet': China's central bank warns against yuan speculation
The People's Bank of China has warned against betting on the yuan, after its rapid decline against the U.S. dollar this week.
- Ken Griffin says Fed has not done enough, must continue on its path to reset inflation expectations
Ken Griffin, Citadel Founder & CEO, believes the Federal Reserve has more work to do to bring down inflation even after a series of big rate hikes.
- Stocks making the biggest moves midday: Apple, Netflix, Biogen, Canopy Growth and more
These are the stocks posting the largest moves in midday trading.
- Stanley Druckenmiller sees 'hard landing' in 2023 with a possible deeper recession than many expect
Stanley Druckenmiller spoke at CNBC Delivering Alpha Investor Summit in New York City Wednesday.
- Billionaire investor Ray Dalio says UK’s economic plan 'suggests incompetence'
The financial market turmoil resulting from the U.K. government's spending plan "suggests incompetence," according to billionaire investor Ray Dalio.
- Stocks making the biggest moves premarket: Biogen, Thor Industries, Lyft and more
These are the stocks posting the largest moves before the bell.
- A game about sheep is going viral in China even as gaming regulation remains tight
A new game that's gone viral in China hit people's screens with surprising speed at a time when giants such as NetEase have waited months for title approvals.
- Cathie Wood's new fund gives small investors access to the VC market for just $500
Cathie Wood's Ark Invest launched a new venture capital fund, targeting individual investors with just a $500 minimum investment.
- Stocks making the biggest moves midday: Hertz, Ford, Keurig Dr Pepper and more
These are the stocks posting the largest moves midday.
- Investors believe aggressive Fed will keep stock market down for the rest of 2022, CNBC survey shows
The Fed's aggressive tightening is making the majority of Wall Street investors believe stocks will be underwater for longer, according to a new CNBC survey.
- FincFriends Raises $1.1 Million In Third Equity Round
The fund raised will be used to embark on an organic growth trajectory by making key investments in current business offerings, expanding its geographical footprint to tier II and III cities and strengthening its lending portfolio
- Finverv Raises Pre-Seed Funding From Antler India
The fund raised will be used to build and strengthen the platform's functional teams and scale up partnerships
- Digital Lending Platform Abhi Loans Raises $4.5 Million
The fund raised will be allocated for technology development and the growth of the loan book
- Credit Fair Raises $10 Million In Seed Extension Funding
The company plans to utilize the fund to augment technology and deliver a superior customer experience at the point-of-sale
- Jai Kisan Raises $50 Million In Series B Funding
The fund raised will be used to expand the product suite, enhance the customer journey, accelerate the phenomenal growth of existing products, strengthen talent and boost data science and engineering capabilities
- Fintech SaaS Platform Fundflo Technologies Raises Seed Funding
The fundraise will help the company to invest in new technologies and come up with new offerings
- WonderLend Hubs Raises $1.6 Million Seed Fund
The fund raised will be utilized for completing the company's platform as a service transformation, strengthening sales and marketing, and building a delivery excellence framework
- Aerem Raises $2.5 Million In Pre-Series A Funding
The fund raised will be used for growing loan book, building out tech platform and to hire teams in technology, product, finance and operations
- Capital C Corporation Secures Singapore $74 Million
The funds will be utilized towards expanding Capital C's core team and tech capabilities to empower underserved individuals and companies in Singapore, and also to expand its ecosystem of financial services
- Micro MSME Fintech ARTH Raises $2.5 Million
The fresh fund will be used for strengthening the technology capabilities and expanding the suite of financial services being offered to be a single point platform for micro MSMEs
- In a Land of Entrepreneurs: Is America Doing Enough for Refugees and Immigrants?
Immigrants are more likely to start businesses than members of the native population. But to do so, they first need credit.
- CredAvenue Takes Majority Stake In Corpository
With this acquisition, all lenders on CredAvenue will be able to evaluate and make lending decisions on the platform itself
- Nubank allocates US$650 million to expand its expansion in Mexico and Colombia
Today, the company has around 54 million clients at a regional level and is already the main issuer of credit cards in Mexico.
- The Digital Lender
KreditBee is contributing to the Indian financial inclusion imperative by extending credit to the underserved population
- 3 Credit Secrets Millionaires Use as Leverage
Time-tested ways to make yourself a better loan candidate.
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