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20/05/2025
The co-head of global payment business at J.P. Morgan Chase stated that they are seeking to expand their payment business into new regions.
Latest
3 m ago
The US Department of Justice is investigating the theft of customer data from Coinbase, a cryptocurrency exchange.
8 m ago
On Monday (May 19th), the Magnificent Seven index of US technology stocks fell by 0.04% to 161.81 points after opening lower with a gap, showing a V-shaped trend throughout the day. Microsoft closed up 1.01%, while Amazon, Google A, Nvidia, and Meta Platforms rose by at most 0.28%. Apple closed down by 1.17% and Tesla fell by 2.25%. In addition, AMD fell by 2.07%, Taiwan Semiconductor ADR and Berkshire Hathaway B shares under Buffett fell by 0.37%, and Lilly fell by 0.3%.
10 m ago
Research report states that Western weapons aid to Ukraine may flow into the black market and exacerbate crime.
11 m ago
After the downgrade of sovereign credit, Moody's downgraded the deposit ratings of several large American banks in a chain reaction.
11 m ago
Moody's downgraded the deposit ratings of some major banks, including Bank of America and JPMorgan Chase, due to the downgrade of the US sovereign credit rating last Friday and the weakening ability of the government to support these banks. Moody's lowered the long-term deposit ratings of Bank of America, JPMorgan Chase, and institutions under Fidelity Bank from Aa1 to Aa2, the third-highest level. Moody's also downgraded the senior unsecured debt ratings of some institutions under Bank of America and BNY Mellon from Aa1 to Aa2. In addition, Moody's lowered the long-term counterparty risk ratings of Bank of America, BNY Mellon, JPMorgan Chase, State Street, and institutions under Fidelity Bank to Aa2.
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