You Searched For "mi financial services" and got 20 results
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1 min read
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…
3 mins read
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
1 min read
The stock market is in for more volatile trading after last week's rollercoaster for these 3 key reasons, according to UBS
As US equities capped off a volatile January, UBS is warning investors to expect the bumpy ride to …
Isabelle Lee
2 mins read
Crypto assets could replace fiat currencies within as little as 5 years, financial execs tell Deloitte
In a survey, 76% of execs said crypto will at least provide a strong alternative to fiat, which mea…
Camomile Shumba
1 min read
Affirm falls 16% as CFPB announces inquiry into buy now, pay later services
The Consumer Financial Protection Bureau told five companies to turn over information to assess ris…
Max Adams
2 mins read
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
2 mins read
Warren Buffett's Berkshire Hathaway could bag a 60% profit when Paytm goes public
The billionaire investor's company plans to sell at least some of its 2.8% stake in Paytm when the …
Theron Mohamed
3 mins read
Black investors say crypto is still key to building wealth even as digital assets see steep sell-off in 2022
Black investors are twice as likely to say crypto is their best investment option, according to a s…
Jennifer Sor
2 mins read
Billionaire investor Dan Loeb has racked up a 3,700% gain on Upstart - even after cashing out $200 million of stock in August
Loeb's Third Point hedge fund commands a $3.4 billion stake in the AI-powered lending platform, des…
Theron Mohamed
1 min read
Warren Buffett's Berkshire Hathaway has scored an $8 billion gain on American Express this year - and made $25 billion on the stock overall
Buffett's company has owned a chunk of American Express for close to three decades. The stock is up…
Theron Mohamed
2 mins read
Jack Dorsey's Square reports Q1 bitcoin revenue grew 1,000% to $3.5 billion - and is the 3rd-largest corporate holder of the cryptocurrency
Square now holds 8,027 bitcoin, making it the third-largest publicly-traded holder of the digital a…
Shalini Nagarajan
2 mins read
Warren Buffett's Berkshire Hathaway has scored a $12 billion gain on American Express and Bank of America this year
The billionaire investor's company has made about $4 billion on American Express and $8 billion on …
Theron Mohamed
2 mins read
The rise of crypto on Wall Street could end up triggering another financial crisis, global watchdog warns
If financial institutions become more involved in crypto markets, it could affect their balance she…
Hamza Fareed Malik
2 mins read
The EU wants its new financial crime watchdog to supervise crypto as it cracks down on money laundering: report
"It is key that the scope of the new EU authority explicitly includes crypto assets," a EU lawmaker…
Hamza Fareed Malik
2 mins read
Ride-hailing giant Grab slumps 23% in its Nasdaq trading debut after blockbuster SPAC deal
Grab in April agreed to a mega SPAC merger with Altimeter Growth, valuing the Southeast Asian ride-…
Isabelle Lee
4 mins read
Many of the world's biggest companies have abandoned Russia over its war in Ukraine. Here are the 10 largest that have cut ties with the country 3 of them wrote off $30 billion in assets in just 3 days.
The world's biggest companies have run for the exits, ditching billions in business investments, af…
Hamza Fareed Malik
2 mins read
The US dollar is at a 20-year high and that's raising risks for the global economy and financial stability, says Mohamed El-Erian
The US Dollar Index, which tracks the greenback against six other currencies, recently logged a 10%…
Carla Mozée
1 min read
The UK will spend $667,000 to train staffers at the top finance regulator to identify crypto terrorist financing
The FCA needs a third-party specialist for "robust and efficient analysis of cryptoasset blockchain…
Carla Mozée
2 mins read
Janet Yellen says risks related to stablecoins are 'growing very rapidly' but they're not yet a real threat to financial stability
Yellen testified on Capitol Hill on Thursday as TerraUSD recovered some ground but at $0.33 was sti…
Carla Mozée
1 min read
Crypto exchange Binance is limiting services in Russia to comply with EU sanctions tied to Ukraine war
"We believe all other major exchanges must follow the same rules soon," said Binance CEO Changpeng …