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Friday, June 9, 2023

Tag: Banking


Bittrex Files for Bankruptcy After SEC Sues the Crypto Platform

Bittrex Inc., once among the country’s biggest crypto trading platforms, filed for bankruptcy Monday after...

Rejected for a Buy Now, Pay Later Plan? It Might Not Be Your Fault

Payment apps are tightening credit standards to focus on profitability. Source link

Westpac First-Half Net Profit Rises 22%

Westpac said its first-half net profit rose by 22% on year, driven by a higher net interest margin, alongside growth in home and business...

Ares Sets Sights on $10 Billion for Direct Loan Fund

Ares Management is raising its third fund dedicated to extending loans to midsize U.S. businesses, seeking 25%...

Banks Are in the Grips of Investor Crisis of Confidence

First Republic Bank’s failure demonstrates why lenders are vulnerable to a loss of faith. Source link

What Investors Should Know About Money-Market Funds and CDs

Investors are turning to these cash-equivalent investments, some of which are yielding 5% or more. But it pays to have a strategy beyond fear. Source...


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