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Buy high-upside stocks in one specific corner of the financial sector as recession chatter gets louder, BofA says
American Express, Capital One, and other card issuers are "better positioned to withstand a weaker …
Carla Mozée
Here’s how you can avail an instant loan from Mi Credit
Earlier, Xiaomi had partnered with KreditBee to disburse loans. This time around, it has partner…
JPMorgan beats 4th-quarter revenue and profit estimates — and CEO Jamie Dimon offers a bullish outlook for the US economy
JPMorgan's earnings surpassed Wall Street's forecasts, but net income fell across its consumer, inv…
Theron Mohamed
Warren Buffett's Berkshire Hathaway has notched a $9 billion gain on American Express this year - and made $26 billion on the stock overall
Berkshire has been an American Express shareholder for over 25 years, and its stake has grown from …
Theron Mohamed
Attackers swipe $80 million from ethereum DeFi project Beanstalk in one of the largest flash-loan exploits ever
"Like all other investors in Beanstalk, we lost all of our deposited assets in the Silo, which was …
Phil Rosen
Billionaire investor John Paulson walked through his iconic bet against the housing bubble in a recent interview. Here are the 11 best quotes.
Paulson realized if house prices stopped rising and mortgage delinquencies kept growing, a wave of …
Theron Mohamed
Markets could drop as much as 20% if risk-taking investors pull back, says Bank of England
The Bank of England's Financial Policy Committee flagged increased risk-taking and easy credit as p…
Ethan Wu
'Big Short' investor Michael Burry shared the thinking behind his iconic bet against the housing bubble - and reflected on his GameStop wager
Burry shared an email from 2005 in which he listed multiple red flags in the US housing market, and…
Theron Mohamed
Crypto investing could get a boost as credit-reporting deal to ease borrowing
TransUnion and Spring Labs have partnered to make credit data available on public blockchain networ…
Phil Rosen
Consumer loan growth and market volatility drive Bank of America shares higher after 1st-quarter earnings beat estimates
"Ongoing organic growth combined with good expense management drove operating leverage for the thir…
Matthew Fox
Credit Suisse investors exposed to collapsed Greensill Capital fund are facing another $190 million of losses
Credit Suisse investors exposed to funds invested in assets sourced by failed Greensill Capital may…
Emily Graffeo
Xiaomi’s Mi Credit promises to give you a loan by the time you order and finish a cup of coffee
Xiaomi is following the same path in India as it did in China. After a successful foray into the cr…
LendingClub soars 57% to 3-year high after reporting its most profitable quarter ever
The personal loan provider saw year-over-year revenue growth of 406% to $204 million, easily surpas…
Matthew Fox
Warren Buffett's Berkshire Hathaway invests $500 million in Brazilian fintech Nubank
The billionaire investor's company made the biggest single investment in Nubank so far, valuing it …
Theron Mohamed
Credit Suisse loses $5 billion in market value after warning of a big hit following Archegos blow-up
The Swiss bank said the loss could be "highly significant and material" to its first-quarter earnin…
Theron Mohamed
HSBC crushes 1H profit estimates and slashes bad-loan buffer as the global economy recovers from COVID-19
Pretax profit for the first half of the year more than doubled to $10.8 billion, compared with the …
Shalini Nagarajan
Bank of America misses Q2 revenue forecasts - but smashes income estimates after slashing credit-loss provisions
Warren Buffett's favorite bank generated higher net income in three of its four main divisions, par…
Theron Mohamed
Xiaomi shuts Mi Financial Services in India to focus on core biz services
Global technology brand Xiaomi on Friday said it has closed the Mi Financial Services in India as p…
Xiaomi launches Mi Credit lending solution in India
New Delhi, Dec 3 () Chinese smartphone major Xiaomi on Tuesday formally launched its lending soluti…