Finance
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Robinhood back online after ‘experiencing issues with crypto trading,’ sparking users’ outrage amid massive Dogecoin rally
Robinhood said it was “experiencing issues with crypto trading” on Thursday evening. The trading issues came as Dogecoin’s price has soared in...
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An Uber shareholder is demanding more transparency about the impact of the company’s lobbying efforts (UBER)
The Teamsters General Fund, an Uber investor, wants the company to reveal more about its lobbying. The fund urged Uber shareholders to...
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The CFO of Citi, the top SPAC bank this year, is predicting ‘normalization’ in the blank-check frenzy
Citi CFO Mark Mason said he expects to see SPAC market “normalization” as interest rates rise. Citi reported a 46% rise in...
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US Banking Channel Forecast: How shifting consumer habits and the coronavirus pandemic are reshaping banking usage
Digital banking channels are celebrating increased momentum as a result of the pandemic. This digital banking behavior will likely continue to evolve,...
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Crypto salaries revealed: From $60,000 to $400,000, here’s how much you could earn working in cryptocurrency
Depending on the job, visa applications for blockchain positions included salaries from around $60,000 to nearly $200,000. Andriy Onufriyenko/Getty Images Blockchain is...
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Citi’s consumer bank is exiting 13 markets across Asia and Europe and shuffling leadership in its new wealth division as it doubles down efforts on snagging ultra-rich clients (C)
Citi announced it was departing 13 consumer banking franchises across Asia and Europe on Thursday. The bank also named leaders to its...
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2 Coinbase execs are worth nearly $1 billion after barely a year at the crypto company as its direct listing showers wealth on employees (COIN)
Coinbase made its public market debut on Wednesday. Coinbase executives and investors saw the value of their shares skyrocket as a result....
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Uber’s global investments finally pay off, with stakes that could be worth more than $18 billion as many prepare to go public (UBER)
Singapore’s ride-hailing firm Grab announced plans Tuesday to go public at a $40 billion valuation. Uber is one company poised to win...
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Goldman Sachs’ CFO just explained why the bank is pushing to shut down old tech and making big plans to migrate to the cloud
Goldman’s CFO said Wednesday that the firm is planning to “eliminate legacy technology.” It’s part of the firm’s efforts to increasing lean...
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Litigation funders are seeing opportunities for big returns in bankruptcies. Here’s how 4 firms are playing it.
Litigation funders have seen an uptick in demand for third-party funding for bankruptcy cases. Though federal intervention has kept the worst of...