Banks

The World Bank forecasts that remittances into low- and middle-income countries were worth $508 billion in 2020.

Gemini Earn will now let clients move their holdings in dogecoin and other cryptocurrencies into interest-bearing accounts.

Hybrid work is the future, but it doesn’t allow for one of the greatest perks of working from home: the extended “workcation.”

The move follows the departures announced last year of technology giants including Oracle, Palantir and Hewlett-Packard Enterprise

Goldman Sachs formally kicked off the cryptocurrency trading era on Wall Street.

Intesa Sanpaolo CEO Carlo Messina said: “I think that in the next year, so within 12 months, there will be some M&A deal in the country.”

On inflation, the BOE said it expects the consumer prices index to temporarily climb above its 2% target toward the end of this year.

The brighter economic forecast comes as the country gradually emerges from lockdown and more people are vaccinated against Covid-19.

The French bank reported strong performance across its trading divisions.

The National Restaurant Association estimates that from March 2020 through April of this year 110,000 restaurants have closed either permanently or long-term.

Until now, bitcoin adopters have relied on apps from a new generation of fintech players like Robinhood, PayPal and Square, or Coinbase.

While remote work has been crucial for Wall Street during the pandemic, CEOs including Dimon and Goldman Sachs’ David Solomon have expressed dissatisfaction.

Goldman Sachs CEO David Solomon told U.S. workers on Tuesday that the bank will require them to return to the office by June 14.

Forge hopes to bring standardization and more data to the private market — ultimately blurring the traditional division between the public and private realms.

Digital banking and the arrival of fintech rivals have shifted the dynamics of the Irish banking market.

The move illustrates the ways in which traditional banks are competing with and enabling the new guard of fintech players like Robinhood.

The British bank said credit impairment charges had fallen “significantly” to £55 million, down from £2.1 billion a year before.

BNP Paribas reported first-quarter net income of 1.8 billion euros ($2.18 billion) — an 11% increase from the previous quarter.

DBS Group Holdings said net profit reached a historic high of 2.01 billion Singapore dollars ($1.52 billion) in the first quarter of 2021.

Deutsche Bank on Wednesday reported a 908 million euro ($1.1 billion) profit for the first quarter, buoyed by continued strong performance in its investment banking division.