• Sun, January 12, 2025

by: Reuters

US bank regulator gives BlackRock February deadline on bank stakes, Bloomberg reports

The Federal Deposit Insurance Corporation gave a fresh deadline of Feb. 10 to BlackRock to resolve an issue regarding oversight into the asset manager's investments in FDIC-regulated banking organizations,
  • Mon, January 13, 2025

by: timesnownews

Bank Holiday Today? Here's Whether Banks Are Open on Monday, January 13, Amid Lohri 2025 Festivities

Amid the festive celebrations of Lohri and Bhogi Pandigai on January 13, many people are curious about whether banks will remain open or closed today. According to the Reserve Bank of India's (RBI) holiday schedule,

by: CIO

10 top priorities for CIOs in 2025

A new year brings new opportunities and fresh challenges. To better position your business to thrive in 2025, here's what CIOs should prioritize over the next 12 months.

by: sinchew

HKICPA participates in the Asian Financial Forum 2025: Explores new growth engines in global sustainability

The Hong Kong Institute of Certified Public Accountants (HKICPA) is participating in the two-day "Asian Financial Forum 2025" from today (13 January to 14

by: Forbes

Top 10 Trends For Banking In 2025 - The Future Is Back

Digital made banking more efficient but also more impersonal. AI can help solve this in 2025, along with a mindset of looking to the past to build the bank of the future

by: CFO

A CFO action plan for 2025

by: AOL

Female founders jump into action to provide relief for Los Angeles wildfire victims

- How to help. After wildfires burned 62 square miles and 12,000 structures in southern California, killing at least 16 people and displacing thousands of families, people have jumped into action to help. That includes female founders and business leaders eager to offer their time, products, and services to people in need.

by: CNET

Rocket Money Review 2025

The best one for you depends on your money management style and preferences, but Rocket Money is a great place to start. Formerly known as Truebill, Rocket Money won CNET's 2024 Editors' Choice award for best budgeting app because it's easy to use,

by: BBC

Chancellor will remain for all of Parliament, Downing Street says

Chancellor Rachel Reeves will remain in her role "for the whole of this Parliament", Downing Street has said, as she faces criticism over the falling pound and rising government borrowing costs.

by: Investopedia

Salary vs. Hourly Pay: What's the Difference?

The Fair Labor Standards Act determines whether U.S. workers can be paid a salary or if they must be paid an hourly wage. It affects more than just their paychecks.

by: WDRB

Yum! Brands promotes Taco Bell president to lead KFC Division

Mezvinsky has worked for Yum! Brands, Inc. for 20 years and currently serves as president of Taco Bell North America and International. He will succeed Sabir Sami, who is stepping down as KFC CEO at the end of February.

by: SiliconANGLE

Moonpay acquires Helio to enhance cryptocurrency commerce and trading infrastructure

Cryptocurrency infrastructure service provider MoonPay USA LLC announced today that it has acquired cryptocurrency payment platform startup Helio Fintech Ltd. to expand decentralized finance, creator commerce and trading infrastructure.

by: Emirates247

UAE and Uzbekistan explore ways to enhance economic relations in sectors of new economy, FinTech, tourism and entrepreneurship

H.E. Bin Touq holds meeting with Minister of Investment, Industry and Trade of Uzbekistan H.E. Abdulla bin Touq Al Marri, Minister of Economy, held a meeting with H.E. Laziz Kudratov, Minister of Investment,

by: Reuters

Exclusive: Investor climate group suspends activities after BlackRock exit

A flagship coalition aimed at aligning the asset management industry with global climate goals said it was suspending its activities on Monday, days after BlackRock , the world's biggest investor, left amid a political backlash in the United States.

by: MSN

Student Loan Borrowers: How Linda McMahon's Appointment Impacts You

Incoming-President Donald Trump's appointment of Linda McMahon to head the United States Department of Education has set off alarm bells across the world of higher education, and not without good reason.

by: CNET

IRS 1099-K Update: Venmo, PayPal and Cash App Users Should Know About This New Tax Rule

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require third-party payment apps, like PayPal, Venmo or Cash App to report income of over $600 or more per year to the tax agency. The IRS delayed this new reporting requirement in 2022 and again in 2023.

by: Forbes

3 Billion-Dollar Entrepreneur Lessons From World Chess Champion Gukesh

Gukesh Dommaraju, an 18-year-old, recently won the 2024 World Chess Champion. Here are 3 crucial lessons for entrepreneurs to help them succeed — even without VC.

by: Forbes

Newlab To Launch A Saudi Hub. First Focus: Mining Startups

Newlab, a New York-based company that helps launch and fund startups in industrial sectors, is opening a new hub this year in Riyadh, Saudi Arabia. The hub aims to attract startups to Saudi Arabia, focusing first on the mining industry. Future programs will focus on energy, logistics and advanced manufacturing.

by: Reuters

Goldman Sachs creates new division to boost focus on financing

Goldman Sachs is planning to combine three key groups in its global banking and markets unit, the Wall Street Journal reported on Monday.

by: MSN

How To Financially Plan for the New Year Under the Upcoming Trump Presidency

In addition to all the usual year-end tax moves and other financial tweaks, many Americans are also looking ahead to how a new presidential administration under President-elect Donald Trump

by: MSN

Best Cryptos to Join Now: Qubetics Presale Skyrockets with Over 417M Tokens Sold, AAVE & VeChain Rivalry Heats Up

Discover why Qubetics ($TICS) is dominating with 417M tokens sold in its presale. Compare it with VeChain & AAVE, and join the future of blockchain today.

by: Reuters

Risky ships must be identified to protect undersea cables, EU's Virkkunen says

Identifying suspect ships and limiting their activities is the most efficient way to protect critical undersea infrastructure, European Commission Vice President Henna Virkkunen told Reuters on Monday.

by: Forbes

The Right Time To Start Planning Your Business Sale

The best time to start planning is when your business is doing well—ideally growing, profitable and showing stable performance. Buyers want to invest in businesses with upward momentum. Planning early allows you to position the business as an attractive opportunity, not a distressed asset.

by: Reuters

Utility firm Duke Energy names insider Harry Sideris as CEO

Utility firm Duke Energy said on Monday it has appointed insider Harry Sideris as its chief executive officer, effective April 1.

by: MSN

Unexpected twist: Pharma mergers may reduce drug prices

A new study from the University of Iowa finds that many drug prices actually drop after pharmaceutical company mergers, challenging the belief that mergers are the primary cause of rising drug prices in the United States.

by: MSN

Leo, Daily Horoscope Today, January 14, 2025: Patience and open communication required

Leo natives will experience mixed energies today with potential financial pressures and relationship strains. Overcoming obstacles requires introspection and self-improvement. Economic prudence is essential to avoid overspending.

by: Reuters

BMO unit to pay $40.7 million in US SEC settlement over misleading bond sales

A unit of Bank of Montreal agreed to pay $40.7 million to settle U.S. Securities and Exchange Commission charges that it failed to supervise employees who misled investors about the attractiveness of mortgage-backed bonds the bank was selling.

by: Reuters

BMO Capital markets settles with SEC over bond desk supervision

BMO Capital Markets agreed to pay more than $40 million to settle U.S. Securities and Exchange Commission charges it failed to properly supervise employees who sold mortgage-backed bonds, the regulator said on Monday.

by: MSN

Why Harmony Biosciences (HRMY) Is the Top Small Cap Stock to Buy with the Highest Upside Potential

We recently published a list of the Top 10 Small Cap Stocks to Buy with the Highest Upside Potential. In this article, we are going to take a look at where Harmony Biosciences Holdings, Inc. (NASDAQ:HRMY) stands against other top small cap stocks to buy with the highest upside potential.

by: MSN

Russia hidden war debt and a looming credit crisis

By Ben Aris in Berlin Moscow has been quietly pursuing a two-pronged strategy to finance its escalating war costs. In addition to the publicly scrutinised defence budget, it has set up a system of state-directed off-budget soft loans where the Kremlin badgers banks into making easy credits to defence sector companies to fund its war machine

by: Reuters

Goldman Sachs planning to combine three groups into banking and markets unit, WSJ reports

Goldman Sachs is planning to combine three key groups in its global banking and markets unit, the Wall Street Journal reported on Monday.

by: Reuters

Gulf bank QNB slightly beats estimates with 10% net profit rise in Q4

Qatar National Bank , the biggest Gulf lender by assets, posted on Monday a 10% rise in fourth-quarter net profit from a year earlier, slightly beating analyst estimates.

by: MSN

Aquarius Daily Horoscope Today (Jan 20- Feb 19), January 13, 2025: Be mindful of your health!

Aquarius Money Horoscope Today There will be favourable conditions in career and business. Profit percentages will improve. Complete essential tasks quickly. Aquarius Career Horoscope Today An atmosphere of positivity and auspiciousness will prevail.

by: Reuters

Exclusive: Barclays sustainability chief exits in latest bank reshuffle

Barclays' group head of sustainability Laura Barlow has stepped down to pursue other opportunities, a spokesperson told Reuters, the latest senior reshuffle among Britain's top banks as the sector faces increased scrutiny over its climate efforts.

by: MSN

Neogen Corporation (NASDAQ:NEOG) Q2 2025 Earnings Call Transcript

Q2 2025 Earnings Call Transcript January 9, 2025 Operator: Good morning, ladies and gentlemen, and welcome to the Neogen Corporation Second Quarter 2025 Earnings Conference Call. At this time, all lines are in a listen-only mode.

by: MSN

Michael Saylor's MicroStrategy buys another 2,530 Bitcoin worth $243 million

by: Reuters

Six EU countries call for lowering of G7 price cap on Russian oil

Six European Union countries called on the European Commission to lower the $60 per barrel price cap put on Russian oil by G7 countries, arguing it would reduce Moscow's revenues to continue the war in Ukraine while not causing a market shock.

by: Reuters

Italian bank deposits' growth accelerates further in November

Italian residents' deposits with domestic banks rose for the sixth month in a row in November and at a faster pace, while bank lending to businesses fell for the 22nd consecutive month, the Bank of Italy said on Monday.

by: MSN

Here's the confirmation hearing schedule for Trump's Cabinet picks

President-elect Donald Trump's nominees for top posts in his administration are gearing up for their Senate confirmation hearings, which kick off this week.

by: MSN

Here's how single women are successfully navigating an otherwise brutal market for first-time homebuyers

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)

by: Reuters

Commerzbank chairman sees little chance of amicable UniCredit merger, report says

Commerzbank's supervisory board chairman Jens Weidmann said there is little chance for an amicable merger with UniCredit after the Italian bank's surprise purchase of a hefty stake in the German lender,

by: Reuters

Australia's Star Entertainment pares losses after slipping to record low

Shares of Australian casino operator Star Entertainment jumped 13.6% higher on Monday, with analysts citing the rise to investors buying the stock at a cheaper price after it fell to a record low last week.

by: MSN

Libra Daily Horoscope Today (Sept 23- Oct 22), January 13, 2025: Morale will be high!

Libra Money Horoscope Today Career and business outcomes will be favourable. Interest in financial matters will grow. Good news is expected. You may start new ventures. Libra Career Horoscope Today Important tasks will be accomplished.

by: MSN

APRA initiative set to boost Africa's renewable energy investment

The Accelerated Partnership for Renewables in Africa (APRA) aims to increase Africa's share of global renewable energy investment beyond its current 2% level. Seven African nations have joined forces with international partners to unlock funding and drive sustainable development across the continent.

by: MSN

Top 10 African countries with the highest cost of living in 2025

A high cost of living index can affect a country's global perception. African countries such as South Africa and Kenya, which draw considerable tourist and expatriate communities, may risk losing their appeal if living expenses grow without a corresponding increase in quality.

by: MSN

Leo, Weekly Horoscope, January 12 to January 18, 2025: Challenges may appear midweek

A promising start to the week invites success and excitement, particularly around the 12th and 13th for taking risks. Challenges may appear midweek, especially financially, but optimism returns by the 16th with recognition and opportunities.

by: MSN

Sagittarius Daily Horoscope Today (Nov 22- Dec 21), January 13, 2025: Team spirit will improve!

Sagittarius Money Horoscope Today You will maintain momentum in your career and business, delivering performances beyond expectations. Responsibilities will be handled efficiently, leading to improved financial gains.

by: MSN

China, UK restart economic and financial talks after 6-year hiatus

China and Britain restarted economic and financial talks on Saturday after a six-year hiatus during a visit by Britain's Treasury chief to Beijing, as the U.K.'s Labour government seeks to reset strained ties with the world's second-largest economy.

US bank regulator gives BlackRock February deadline on bank stakes, Bloomberg reports

The Federal Deposit Insurance Corporation gave a fresh deadline of Feb. 10 to BlackRock to resolve an issue regarding oversight into the asset manager's investments in FDIC-regulated banking organizations,
The U.S. Federal Reserve has extended the deadline for BlackRock to reduce its stakes in certain banks, as reported by Bloomberg News on January 12, 2025. Originally, BlackRock was required to lower its ownership in banks like Bank of Commerce, Bank of the Pacific, and Commerce Bancshares by January 31, 2025, due to regulatory concerns over its influence in the banking sector. The new deadline set by the Fed is now June 30, 2025. This extension comes amidst ongoing discussions about how investment firms like BlackRock manage their investments in banks to comply with regulatory limits on control and influence.

Read the Full Reuters Article at:
https://www.reuters.com/business/finance/bank-regulator-gives-blackrock-new-deadline-bank-stakes-bloomberg-reports-2025-01-12/

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