Cash News Guernsey Finance, the body promoting the island’s finance sector, said the net asset value of Guernsey green funds had steadily risen since 2018, with £5.6bn recorded at the end of March last year. Mr Servais was among more than 50 visitors invited to the island by the Guernsey Financial Services Commission to discuss […]
Cash News SINGAPORE — Anthony Scaramucci, founder and managing partner of SkyBridge Capital, said he and a group of crypto advocates are working with U.S. Vice President Kamala Harris to develop her campaign’s policies on digital assets ahead of the elections in November. “There’s a group of cryptocurrency advocates, bitcoin advocates etc. that are working […]
CashNews.co Britain’s most influential financial services body has thrown its weight behind elements of Labour’s Renters Rights Bill. UK Finance, which represents over 300 mortgage lenders and financial services firms, is calling on the government to review the Local Housing Allowance annually so it keeps pace with rents, create a registration system for owners of […]
CashNews.co High-emitting industries are grappling with the financial burden of implementing more than 450 large-scale low-carbon projects, as per the Industrial Transition Accelerator (ITA), a UN-supported initiative. The weak demand for green products is cited as the primary obstacle. Removing this ‘critical investment barrier’ could potentially release $700 billion in financing by 2030, dramatically […]
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Cash News Tax season has arrived, and with it comes the age-old question: to itemize or not to itemize? Every year, millions of American taxpayers decide whether to take the standard deduction the Internal Revenue Service (IRS) offers or to claim itemized deductions to maximize tax savings. Let’s look closer at how tax deductions can […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Private equity firms are aggressively pushing to include language in loan documents that could give them room to pay themselves larger dividends from the companies they have bought, drawing a sharp rebuke from lenders. […]
CashNews.co US bank stocks surged Thursday following a jumbo rate cut from the Federal Reserve, a sign of bullishness among investors who now expect an easing of monetary policy will boost Wall Street giants and smaller regional lenders. Capital One (COF) and Citigroup (C) each rose 5% Thursday, followed by smaller rises in Goldman Sachs […]
CashNews.co HONG KONG (AP) — Asian stocks surged on Friday with Japan’s Nikkei leading regional gains after Wall Street romped to records following the Federal Reserve’s big cut to interest rates. U.S. futures and oil prices were lower. The Bank of Japan ended a two-day monetary policy meeting and announced it would keep its benchmark […]
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