Private Lender SoFi Suffers Significant Losses Due to Student Loan Payment Pause
SoFi Bank, a private lender, has filed a federal lawsuit against the administration's student loan relief...
China’s New Financial Regulatory Body to Strengthen Institutional Oversight
China has announced plans to establish a new national financial regulatory body, which will replace the...
JPMorgan Chase to Expand in Florida as Wealthy Clients Flock to the State
JPMorgan Chase & Co., a multinational financial services company based in New York, is increasing its...
HDFC Bank’s HDB Financial Services Addresses Data Breach at Service Provider
The recent data breach at HDB Financial Services, the non-bank lending subsidiary of HDFC Bank, has...
Marlboro maker Altria Group Acquires Significant Stake in E-Cigarette Company NJOY, Divests From Juul Labs
Altria Group, the manufacturer of the popular cigarette brand Marlboro, has acquired a significant stake in...
Meta to Cut Jobs in Next Round of Layoffs : Bloomberg Report
According to a recent report by Bloomberg, Facebook's parent company Meta is planning another round of...
Google’s cost-cutting measures reach China, employees face layoffs
Google has announced a new round of layoffs in China, affecting senior and high-paying employees as...
Indian-American Admits to Nearly $20 Million Fraud Scheme in US
Nikesh Ajay Patel, a 38-year-old Indian-American, has pleaded guilty to charges related to a nearly USD...
Carlsberg CEO to step down after successfully overseeing Russia exit
Carlsberg's CEO, Cees 't Hart, will retire at the end of September 2023 after the company's...
Swiss National Bank Reports Record $141.54 billion Losses in 2022
The Swiss National Bank, headquartered in Bern and Zurich, has reported a significant annual loss of...