Newsfeeds Archive - Spark Newswire

2 minute read

Macron’s Snap Election Gamble Shocks European Markets: Euro Eyes Worst 2-Day Performance In 15 Months

June 10, 8:57 AM

European financial markets tumble after far-right parties gain in European Parliament elections, causing uncertainty and potential challenges.

BNPQY

2 minute read

SocGen Becomes First Major Bank To Back Euro Stablecoin On Crypto Exchange Bitstamp

By Khyathi Dalal

December 6, 11:25 AM

Société Générale (OTCMKTS: SCGLY) is launching a stablecoin. What Happened The French bank will be the first major financial institution to offer digital assets tracking the price of fiat currencies to investors.

SCGLY

1 minute read

French Financial Giant Leverages Ethereum For Issuing First Green Bond Worth $11M

By Khyathi Dalal

December 5, 12:15 PM

Societe Generale (OTCMKTS: SCGLY) announced the issuance of its first-ever digital green bond on the Ethereum public blockchain in the form of a Security Token.

SCGLY

1 minute read

Citigroup Eyes New Private Credit Strategy Next Year: Report

By Vandana Singh

November 22, 10:15 AM

Citigroup Inc (NYSE: C) is reportedly poised to venture into direct lending, aiming to debut this new strategy by early January, reflecting a broader trend among banks seeking to tap into the burgeoning $1.6 trillion private credit market.

BCS

2 minute read

Nomura Sees Broader Market Hurdles To Delay Crypto Unit’s Profitability Levels

By Khyathi Dalal

September 8, 3:02 PM

Nomura (NYSE: NMR), a Japan-headquartered global financial services group, announced its cryptocurrency unit Laser Digital is likely to take a longer period to report profitability levels.

BLK

2 minute read

HSBC Will Exit Canary Wharf, Set Up New HQ In An Effort To Reduce Real Estate Costs

By Anusuya Lahiri

June 26, 9:12 AM

HSBC Holdings plc (NYSE: HSBC) looks to migrate its global headquarters to a smaller office in central London after its lease expires, joining the bandwagon of companies looking to pare

HSBC

2 minute read

Wall Street Banks Are Embracing AI: Here’s What They’re Up To

By AJ Fabino

June 1, 2:03 PM

As artificial intelligence (AI) begins to find its way into the workflows and verticals in businesses ranging from…