Monzo boosts funding to $610 million to crack U.S., launch UK pensions
British neobank Monzo said Wednesday that it’s raised another $190 million, lifting the total it’s raised so far this year to $610 million. The company told CNBC it raised the…
Trump SEC would end climate disclosure rule, target ESG investments
Republican presidential candidate and former U.S. President Donald Trump shouts during a campaign event in Freeland, Michigan, U.S. May 1, 2024. Brendan Mcdermid | Reuters The Securities and Exchange Commission…
BlackRock to open a Saudi investment firm with $5 billion from PIF
The BlackRock logo is displayed at the company’s headquarters in New York City on Nov. 14, 2022. Leonardo Munoz | Getty Images Asset manager BlackRock will launch an investment platform…
Amazon aggregator Thrasio loses CEO, other execs in bankruptcy process
Thrasio, an early leader in the big business of Amazon aggregators, had a booth at the popular Prosper Show for Amazon sellers in Las Vegas, Nevada, on July 14, 2021.…
Energy transition to need $4 trillion annually: BlackRock
The BlackRock logo is seen outside of its offices in New York City. Brendan McDermid | Reuters BlackRock estimates that the world’s green energy transition will require $4 trillion annually…
JPM, BLK, GL and more
Check out the companies making headlines in premarket trading. JPMorgan — The bank slipped 2.4% despite beating expectations on both lines and reporting lower credit costs than anticipated. However, the…
BlackRock’s Larry Fink sees Fed cutting rates twice this year but missing 2% inflation goal
DUBAI, UNITED ARAB EMIRATES – DECEMBER 04: Larry Fink, CEO of Blackrock, speaks at a roundtable discussion titled: “Financing the New Climate Economy,” during which he described the urgent need…
Stocks making the biggest moves midday: GL, JPM, ZTS, WFC
Check out the companies making headlines in midday trading. JPMorgan — The bank fell 6% after disclosing that its net interest income level could fall short of Wall Street analysts’…
SEC won’t approve ether (ETH) exchange-traded fund
Jakub Porzycki | Nurphoto | Getty Images PARIS — Issuers of spot bitcoin exchange-traded funds cast doubt over the short-term likelihood of the U.S. Securities and Exchange Commission approving such…
Who said what at the World Economic Forum (WEF)
People attend the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024. Denis Balibouse | Reuters The potential for generative artificial intelligence, when interest rates…