Since 2010, GoFundMe crowdsourcing campaigns have raised $30 billion, the fundraising site revealed on Tuesday. This is because younger generations are increasingly making donations outside
Category: Money Matters
Swiss regulator’s review of over 30 banks reveals that Switzerland remains a haven for money laundering.
Switzerland’s financial markets regulator stated on Thursday that a thorough investigation of more than 30 banks this spring revealed that “a large number” did not
Warren Buffett gifts Berkshire Hathaway stock worth $27m to a charity, making a total giveaway of $50b.
Warren Buffett, an investor, has given an unidentified charity $27 million worth of Berkshire Hathaway stock. Buffett revealed in a filing with the Securities and
Italy proposes a 40% excess profit tax on banks to bridge social equity.
Following the Cabinet’s approval of a plan to impose a 40% tax on some bank earnings this year to assist consumers and businesses in adjusting
Silicon Valley Bank was the gold standard for Tech entrepreneurs.
The collapse of Silicon Valley Bank sent shockwaves across the technology sector, which had been the bank’s backbone. Entrepreneurs were grateful for the government bailout
BoE facilitates HSBC’s takeover of Silicon Valley Bank’s UK arm for $1.21.
After all-night negotiations, HSBC on Monday announced a deal to acquire the U.K. division of the defunct Silicon Valley Bank digital startup lender. HSBC reported
Signature Bank’s failure becomes the 3rd largest in U.S Banking history with $88.9b trapped.
Two days after authorities shut down Silicon Valley Bank in a collapse that left billions in savings unclaimed, state regulators shut down New York-based Signature
Silicon Valley Bank crash triggers global financial crisis with $175b trapped.
On Friday, the startup-focused lender SVB Financial Group had an abrupt collapse that rocked the world’s financial markets and left billions of assets belonging to
Brexit raised the Number of EU Millionaire Bankers – Watchdog.
According to the European Union’s banking authority, more Brexit-related relocations from London and an increase in trading raised the number of bankers earning more than
FX swap debt of over $80 trillion threatens global financial system – BIS
Pension funds and other “non-bank” financial institutions now have more than $80 trillion in secret, off-balance sheet dollar debt in the form of FX swaps,