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Credit Suisse Posts ‘Unacceptable’ Archegos Loss

22nd April 2021

The Swiss bank has raised around $2 billion from investors to boost its balance sheet following the loss.

FTSE 100 Rebounds After Worst Day in Two Months

21st April 2021

After plummeting on Tuesday amid fears for travel and hospitality, a rise in commodity stocks helped the index to rally.

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Meme Stocks: Dogecoin Rises as Bitcoin Falls Back

20th April 2021

Reddit and Twitter users are urging retail investors to buy up the joke token and raise its price to $1.

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Financial Services Shift £1 Trillion in Assets to EU

20th April 2021

Banks and finance firms in the City of London have transferred a significant part of their operations to the continent over Brexit.

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JPMorgan to Finance Breakaway European Super League

19th April 2021

The US investment bank is funding a breakaway football league threatening a major shift in the sport’s organisation.

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Danske Bank CEO Resigns Amid Money Laundering Probe

19th April 2021

After being named in connection with a Dutch investigation into his former employer, the former ABN AMRO executive has stepped down.

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US Dollar Strength in 2021 and Beyond

19th April 2021

Economists' expectations for the dollar were soundly beaten in the first quarter of 2021. What shifts can we expect to see in the months ahead?

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Morgan Stanley Flags High Profits and $1 Billion Archegos Loss

16th April 2021

Despite a 150% profit surge, the Wall Street bank’s positive Q1 report was partly overshadowed by its one-off loss.

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Are Mining Pools Profitable?

16th April 2021

New Bitcoin is created through a process known as "mining" - an exercise that requires a high-end computer and, usually, collaboration with a group of like-minded miners.

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China’s Economy Posts Record 18.3% Quarterly Growth

16th April 2021

The country’s sharp post-COVID economic comeback boosted stocks worldwide, though its growth fell short of expectations.

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Coinbase Hits $100 Billion Valuation in Nasdaq Debut

15th April 2021

The cryptocurrency platform’s initial valuation put it above BP and other giants before falling back by trading’s end.

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JPMorgan Pledges $2.5 Trillion Towards Climate Action

15th April 2021

The bank’s new funding target will aim to support green initiatives and socioeconomic progress over the coming decade.

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