An electrolyzer at RWE’s Ibbenbüren power-to-gas plant. While project pipelines across Europe are swelling, the financial sector is still gauging the risks of the emerging green hydrogen economy.Source: ITM Power Project finance banks have long been key players in the renewable energy transition, providing low-cost funding for the expansion of […]
Finance & Money
U.S. investors flee to money market funds in the week ended May 19-Lipper
May 21 (Reuters) – U.S. money market funds lured massive inflows in the week ended May 19 as investors turned risk averse on concerns over higher inflation levels and chances that the Federal Reserve might scale back its monetary support measures. Refinitiv Lipper showed U.S. money market funds received a […]
Jack Ma’s Ant shrinks money market fund as Beijing cracks down
Ant Group’s money market fund has shrunk to a more than four-year low as users shifted their cash in the face of China’s crackdown on Jack Ma’s payments group. Funds invested in Ant’s flagship Yu’e Bao fund fell 18 per cent in the first three months of the year to […]
Veritex Holdings, Inc. (NASDAQ:VBTX) Short Interest Update
Veritex Holdings, Inc. (NASDAQ:VBTX) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 763,300 shares, an increase of 18.8% from the May 31st total of 642,600 shares. Currently, 1.6% of the company’s stock are short […]
US money market funds struggle as short-term rates near negative territory
A sector of the US finance industry that looks after $4tn of savings for individuals and businesses has come under severe strain as US markets flirt with negative interest rates. Money market funds investing in short-term government debt have taken in hundreds of billions of dollars of new money from […]
Profile: TV adviser Emmanuel Asuquo on connecting with low-income communities through financial education
Living on a council estate in East London, you gaze across at the iconic Canary Wharf tower from your bedroom window. Its pyramid roof gleams like gold as the sun bounces off it and you imagine yourself working there when you’re old enough, living the dream – driving a nice […]
Best Banks With No Overdraft Fees in 2021
Have you ever been hit with an overdraft fee? Don’t be embarrassed; it happens to nearly everyone sooner or later. It can happen because you made a math error in your account, or even because you forgot to enter a payment in your records. And with debit cards connected to […]
Robinhood to pay record $70M to settle range of allegations | Financial Markets News
Robinhood Financial will pay nearly $70m to settle a wide range of allegations, including that it gave customers misleading information and improperly allowed some users to make riskier trades after they lied about their trading experience. The financial penalty is the largest ever ordered by the Financial Industry Regulatory Authority […]
Why you need a saving plan
Saving money is something that many people find challenging to do. However, you risk your future if you don’t have a savings plan. This article will discuss the importance of saving money and offer strategies for saving and making your money work for you. The importance of saving money […]
3 Perks of Integrated Credit Card Processing For Restaurants
The ability to accept credit cards is often seen by restaurateurs as a necessary calamity or rather a price that must be paid to survive in the business landscape. However, if the fees they paid for credit card processing benefited businesses, it would no longer be associated with a negative […]
Alexander Mamasidikov on Blockchain, Regulation, & Why the World Needs Tech
Blockchain and cryptocurrency have been all over the news in the last few years, whether it is tokens like bitcoin seeing massive bull runs or blockchain being used to issue university certificates. Blockchain has been touted as the thing that will change the world and revolutionize industries as we know […]
How Europe went from backwater to global dominance
History books updates Sign up to myFT Daily Digest to be the first to know about History books news. The sack of Rome is a hell of a way to start a book about finance. In the opening pages of Patrick Wyman’s The Verge: Reformation, Renaissance, and Forty Years that […]
Inflation and distortion in the financial market
Asjadul Kibria | Published: August 28, 2021 21:42:15 In the second week of August, Bangladesh Bank issued a circular asking the banks not to pay or set interest rates on deposits below the inflation rate. This is a piece of unparalleled advice or direct intervention defying the market mechanism, […]
Here’s Why You Should Stay Away From Virtu Financial (VIRT)
August 31, 2021 4 min read This story originally appeared on Zacks Virtu Financial, Inc. VIRT has been under pressure this year so far as investors grew bearish on the stock due to reduced market volatility that has weighed on its trading volumes. In the past year, the company has […]
CFTC Commissioner Stump Explains CFTC’s Authority Over Digital Assets – Finance and Banking
United States: CFTC Commissioner Stump Explains CFTC’s Authority Over Digital Assets 26 August 2021 Cadwalader, Wickersham & Taft LLP To print this article, all you need is to be registered or login on Mondaq.com. CFTC Commissioner Dawn D. Stump outlined the CFTC’s regulatory and enforcement […]