Bank of America, a Fed-certified top US lender, approves the repurchase of $40 billion in stock.
The board of Bank of America approved a $40 billion stock repurchase program on Wednesday, according to a new report. The bank stated that the
IMF warns Nigeria that $5 billion swap deal with the UAE lender is opaque and complex.
Nigeria plans to borrow up to $5 billion through a derivatives arrangement with First Abu Dhabi Bank, but the IMF issued a warning on Tuesday
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
OpenAI’s Sam Altman warns of an AI voice disaster in the banking industry.
Sam Altman, the CEO of OpenAI, has forewarned the financial sector of a “significant impending fraud crisis” due to the capacity of artificial intelligence technologies
OpenAI and Oracle will expand Stargate by 4.5 gigawatts to maintain the US’s lead in the global AI race.
An additional 4.5 gigawatts of data center capacity will be developed by OpenAI and Oracle, extending their partnership that has committed hundreds of billions of
Crypto giants are racing to turn real-world assets into digital tokens, bringing risks and rewards.
Heavyweights in the sector are vying for the long-sought objective of converting physical assets into digital tokens as cryptocurrencies grow increasingly integrated with the conventional
A premier advisory firm that bridges industry skills gaps with experts globally.
Global Assurance Services In todays interconnected and rapidly evolving business landscape, stakeholders increasingly demand transparency, accountability, and reliability in financial reporting and business operations. As
Microsoft using Chinese engineers for tech support of the US military, Hegseth sounds alarm.
Following a report in the investigative journalism publication ProPublica that prompted a U.S. senator to question Microsoft and led Defense Secretary Pete Hegseth to order
G20 finance chiefs back central bank independence and the WTO against Trump.
In a joint statement released on Friday following a two-day summit in South Africa, finance chiefs from the Group of 20 countries emphasized the value
Stablecoin framework becomes the first US law in a big win for the digital assets industry.
A day after President Donald Trump stepped in to save the project, the Republican-controlled U.S. House of Representatives cleared significant procedural obstacles on crypto legislation
Meta investors face off against Zuckerberg in $8 billion trial over alleged privacy violations.
Wednesday marks the beginning of an $8 billion trial by Meta Platforms against Mark Zuckerberg and other current and former company executives for allegedly unlawfully
BoE delays the Basel Bank Trading Rule to 2028 in alignment with the US and global jurisdictions.
BoE delays the Basel Bank Trading Rule to 2028 in alignment with the US and global jurisdictions. A crucial component of new international regulations controlling
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