The largest U.S. banks are reporting a slowdown in lending. Bank of America and PNC were the latest to do so, with the former reporting Tuesday (April 16) that lending was “sluggish” and the latter saying its lending dropped 1%, the Financial Times (FT) reported Tuesday. With their earnings reports released Tuesday, they joined three other top banks — Citigroup, JPMorgan Chase and Wells […]
World Bank Report Highlights Advantage Of Central Bank Gold Revaluation Accounts By Jan Nieuwenhuijs of Gainesville Coins Recently the World Bank released a handbook for asset managers on why to invest in gold. At Gainesville Coins I have written numerous articles on gold revaluation accounts and how these can be deployed by central banks to absorb losses in case of emergency. The World Bank has taken notice of my research as they allude to this practice in a chapter on reserve...
UPI rule change for PPIs: Unified Payments Interface (UPI) and wallets like Paytm, PhonePe, and Amazon have become integral to our daily transactions. Whether it's paying for groceries, bills, or other expenses, we rely on these platforms regularly. However, a common complaint among users is the limited flexibility in using wallet funds for UPI transactions. Typically, you can only use wallet money through the issuer's app, like PhonePe for PhonePe wallet. Using the same funds through other UPI...
Colleen Keating will take over as Planet Fitness CEO on June 10. Franchise still experiencing backlash over its trans inclusive locker policy. Shares plunged three percent following Keating's announcement
The storyline revolves around the family of a boy named Tin Dung, whose parents are Kim Ngan and Tiet Kiem, with the guidance of ‘financial doctor’ Tien Huyen
According to government data, Americans are saving less these days.
The shareholders of Zenith Bank would get about N109.88bn as dividends for the 2023 financial year. This was disclosed in the annual report, which was filed with the Nigerian Exchange Limited on Monday. Announcing the dividends, the bank, which is in the process of transitioning into a holding company, said, “The Board of Directors, pursuant Read More
Paramount Global has hired the bank Oaklins DeSilva+Phillips to explore the sale of VidCon, a live event franchise focused on the creator economy, according to a source familiar with the matter. The company is hoping to secure a strategic buyer for the experiential property rather than a private equity firm, according to the person. The source added that VidCon is not a distressed asset, but it's unclear what price Paramount is seeking. Representatives from both Paramount and Oaklins...
Dani Ceballos is expected to leave Real Madrid this summer with his probable destination being cross-town rivals Atletico Madrid, according to Spanish radio station Cadena SER. Aftr carving out an important role under Carlo Ancelotti in the last two seasons, Ceballos has found minutes hard to come by this year. The Spainard brings a different profile to Madrid’s midfield compared to the other younger recruits (Camavinga, Tchouameni, Bellingham, and Valverde) but with Modric and Kroos continuing...
A German billionaire who was officially declared dead in 2021, three years after vanishing in the Swiss Alps, may have faked his own death to live with his alleged mistress in Moscow.Karl-Erivan Haub, a German-U.S. dual citizen, was 58 at the time of his disappearance, and was former managing director German retail giant Tengelmann Group. He was last seen on the morning April 7, 2018, heading up a mountain lift, and was reported missing the following morning after he didn't return to his hotel...
Rory McIlroy has committed his future to the PGA Tour by shutting down rumours over a switch to LIV Golf. The Saudi-baked breakaway league has attracted some of golf’s top stars since they st
Kings' associate head coach Jordi Fernandez has been near the front of the