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
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SoftBank, PayPay to rescue Seven & I with $2 billion investment.
UK to regulate BigTech firms to safeguard financial stability.
Swift launches a blockchain ledger with an initial 16 banks to move “tokenized” funds 24 hours a day.
Bank of England says AI poses a growing threat to financial stability.
Korea’s SK Hynix launches a $28 billion US listing, capitalizing on the global AI revolution.
Continental spinoff ContiTech to Lone Star Funds for $4.6 billion.
ECB rejects industry demands for reduced bank capital levels, citing concerns over lending and safety.
Google invested over $1 billion in Africa in the last 5 years.
Trump’s filing shows a windfall of $1.4 billion from crypto companies last year.
WhatsApp trails Instagram to allow users to go by usernames instead of phone numbers, closing a privacy blind spot.
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
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
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
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
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
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
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
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
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. A crucial component of new international regulations controlling