Financial Services

JPMorgan Chase CEO Jamie Dimon warns of geopolitical risks and inflation in annual shareholder letter

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JPMorgan Chase CEO Jamie Dimon warns of geopolitical risks and inflation in annual shareholder letter

The Nation’s Most Influential Banker, Jamie Dimon, Addresses Economic and Political Risks The nation’s leading banking executive, Jamie Dimon, speaks on U.S. economic resilience The nation’s most influential banker, JPMorgan Chase CEO Jamie Dimon, recently shared his optimism about the U.S. economy in his annual shareholder letter. Dimon affirmed his belief in the economy’s resilience … Read more

They approve a law that prohibits the charging of commissions for card payments

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They approve a law that prohibits the charging of commissions for card payments

Mexico City. The Chamber of Deputies unanimously approved reforms to the Federal Consumer Protection Law to prohibit suppliers of goods, products or services from charging commissions, amounts, additional or equivalent charges to consumers when they use a debit card as a means of payment. , credit or means of physical disposal of resources. Likewise, it … Read more

Bitcoin Hits All-Time High, Surpassing $68,800, after Recent Volatility and Regulatory Approval

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Bitcoin Hits All-Time High, Surpassing $68,800, after Recent Volatility and Regulatory Approval

Bitcoin Reaches New All-Time High of $68,800, Surpassing Previous 2021 Record The world’s largest cryptocurrency, Bitcoin, has hit a new all-time high less than two years after the collapse of crypto exchange FTX severely damaged faith in digital currencies and sent prices plunging. According to CoinMarketCap, Bitcoin has surged 4% this week, briefly surpassing $68,800 … Read more

Kontist GmbH and Froda Revolutionize German Corporate Credit Market with Simplified Digital Company Loans for Self-Employed

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Kontist GmbH and Froda Revolutionize German Corporate Credit Market with Simplified Digital Company Loans for Self-Employed

08.02.2024 – 09:00 Kontist GmbH Berlin (ots) Kontist is revolutionizing the German corporate credit market. Together with Froda, a Swedish financial service provider for embedded finance solutions, the Berlin FinTech is providing one of the simplest digital company loans in Germany for freelancers and solo self-employed people. Self-employed people who have had a Kontist business … Read more

Mark Zuckerberg Announces Meta’s First-Ever Dividend, but IRS Eyes Millions in Taxes

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Mark Zuckerberg Announces Meta’s First-Ever Dividend, but IRS Eyes Millions in Taxes

Meta CEO Mark Zuckerberg Set to Earn $700 Million in Dividends Meta CEO Mark Zuckerberg Set to Earn $700 Million in Dividends Mark Zuckerberg, CEO of Meta Platforms Inc., delighted Meta shareholders and Wall Street this week with the announcement of the company’s first-ever dividend. This news comes as Meta’s stock dividends prove to be … Read more

CMTA AG Receives Expanded Concession Rights from Austrian Financial Markets Authority (FMA)

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CMTA AG Receives Expanded Concession Rights from Austrian Financial Markets Authority (FMA)

CMTA AG receives a new WAG license CMTA AG announces the receipt of greatly expanded concession rights from the Austrian Financial Markets Authority (FMA). / Further text via ots and www.presseportal.de/nr/135321 / The use of this image for editorial purposes is permitted in compliance with all stated terms of use and is then free of … Read more

Higher interest rates affect the real estate market

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Higher interest rates affect the real estate market

Homes affordable despite higher interest rates Despite increased mortgage interest rates, home prices remain affordable. The persistently high proportion of money market financing (SARON) indicates that buyers are optimistic and expect (key) interest rates to fall again in the long term. The possibility of deducting mortgage interest from taxable income also dampens the interest rate … Read more

The Cost of Renovation: What to Expect and How to Plan

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The Cost of Renovation: What to Expect and How to Plan

Renovation: What renovation costs should you expect? Have you already decided to renovate your home to make it age and senior-friendly? Keep in mind that renovation costs can vary significantly depending on your individual needs and circumstances. The costs depend on factors such as the extent of the renovations, the size of the house and … Read more

Bank of America Corp. (BAC) Stock Falls 0.44% as Market Dips | Oct. 12, 2023

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Bank of America Corp. (BAC) Stock Falls 0.44% as Market Dips | Oct. 12, 2023

Published: Oct. 12, 2023 at 4:32 p.m. ET Shares of Bank of America Corp. BAC slumped 0.44% to $26.90 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.62% to 4,349.61 and Dow Jones Industrial Average DJIA falling 0.51% to 33,631.14. The … Read more

“Charles Schwab and State Street Report Decline in Deposits Due to Rising Interest Rates”

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State Street and Charles Schwab have recently experienced a significant drop in deposits. The decrease in assets has been attributed to a variety of external factors, including the COVID-19 pandemic and current economic uncertainty. As two of the industry’s largest custodians, these developments raise important questions about the state of the financial market and the … Read more