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Goldman | July 07, 2020
Goldman Sachs sees Wall Street banks suffering from a surge in bad loan provisions and has outlined a grim estimate for a 69% drop in second-quarter earnings. Analysts at the bank wrote in a 7 July note to clients that they see $32bn in set-asides for bad loans for the largest seven American banks this quarter, an increase from about $26bn in the first three months of the year. A trading bonanza, fuelled by virus-driven volatility, has not been enough to outweigh an economic slump, the dr...
BITCOIN AND CRYPTO
Okcoin | March 09, 2022
Okcoin has announced that it will promote its grand program for bringing more women into crypto: Bitcoin for Fairness and Ladies in Bitcoins. Okcoin has outlined cryptocurrency as more inclusive for building, learning, and connecting. It will span blockchain development, education, career mentorship, and more. As a part of this initiative, Okcoin has also partnered with Emmy-winning journalist Natalie Brunell host of the top-ranking "Coin Stories" podcast, and Randi Zuckerberg, inaugur...
PAYMENTS
i-payout, AFEX | March 08, 2021
I-payout is the world's leading provider of customized SaaS software and continues to expand its global payment capabilities. I-payout serves industries that need a low-cost, reliable, and efficient solution for mass payments worldwide. It provides these services to gig networks, marketplaces, affiliate marketing companies, royalties, insurance companies, non-gambling eSports, direct sellers, and more. With an expanding presence of European and a growing client base in the Ame...
Reuters | April 10, 2020
U.S. President Donald Trump said on Friday the funding measure to help small business should be approved by Congress with no additions, as a partisan skirmish in the U.S. Senate cut short a Republican effort to speed $250 billion in new assistance. Republicans sought quick Senate passage of a small-business measure sought by Trump’s administration on Thursday but ran into opposition from Democrats who wanted to add provisions such as funds for hospitals, local governments and food assistan...
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