Banking
China’s Largest Bank Is Latest Victim Of Ransomware
A ransomware attack targeting the Industrial and Commercial Bank of China (ICBC), China’s largest bank and the world’s largest lender...
Author: Angela Antetomaso
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Technology
EHang Robotaxis In China’s Skies Soon
Guangzhou-based EHang has received a license from China’s Aviation Authority to carry passengers on its aerial robotaxis. After a successful...
Technology
Huawei Challenges Apple In China
Some strategists fear that Apple's honeymoon with China—the world’s largest smartphone market—might be over.
Sustainable Finance
World Bank And CEOs Address Climate Change
The World Bank is betting that private sector expertise will help address climate change along with pandemics, poverty and social and political fragility.
Capital Raising & Corporate Finance
HSBC’s Future Is On The Line
Ping An Insurance of China, one of the world’s biggest insurers and a major HSBC stakeholder, has been pushing for a break-up of the Group’s Asian and UK operations.
Banking
Apple Opens High Interest Savings Accounts
The Cupertino, California-based iPhone maker recently teamed up with Goldman Sachs to launch a high-yield savings account, promising a 4.15% return for Apple Card holders.
Economics, Policy & Regulation
Swiss National Bank Chair Reassures Markets
Swiss National Bank chair orchestratedthe swift takeover of Credit Suisse by competitor UBS but not without ruffling some feathers.
Capital Raising & Corporate Finance
US Imposes New Tax On Buybacks
The excise tax—also meant to prevent corporations from amassing excess capital at the top—is anticipated to raise around $74 billion.
News
FTX Appoints Turnaround CEO
The collapse of cryptocurrency exchange FTX has shaken the entire sector.
News
Arriverderci Prime Minister Draghi
On Italian Prime Minister MarioDraghi's last day in office,the European Council in Brussels sent him off with a long applause and a celebratory video entitled “Arrivederci Mario.”
Capital Raising & Corporate Finance
Porsche IPO Revs Up Investors
Porsche's IPO shakes up this year's sleepy IPO market,raising roughly $9 billion.
Capital Raising & Corporate Finance
United States: Bond Bonanza
The US bond market is usually quiet during the summer months but not this year.