Banking & Finance

Banking & Finance News

Banking updates, fintech news, market movements, crypto, stock analysis, and payment system developments.

Showing 73–90 of 279 stories

Theravance Biopharma Deal Faces Investor Probe

Halper Sadeh LLC is investigating the proposed acquisition of Theravance Biopharma (NASDAQ: TBPH) by Zymeworks Inc. for $17 per share in cash plus a contingent value right. The investigation aims to determine if Theravance shareholders are receiving a fair price and if the company's board fulfilled its fiduciary duties. Theravance maintains that the deal offers significant value, representing a premium over its stock price before the acquisition announcement.

SSTL.News

Banking & Finance15 Aug

Nasdaq Firm Jiuzi Holdings Plans $1B Bitcoin Acquisition From 'Strategic Investor'

Nasdaq-listed Jiuzi Holdings Inc. announced plans to acquire 10,000 Bitcoin (BTC) in a $1 billion transaction from a strategic digital asset investor. This move aims to significantly expand the company’s digital asset reserves, strengthen its balance sheet, and position it more prominently in the global cryptocurrency market. The acquisition is part of a broader strategic partnership that includes collaboration on digital asset infrastructure and treasury optimization.

YYellow.com

Banking & Finance15 Aug

WisdomTree XRP ETF Application Submitted to SEC for Review

WisdomTree has filed a Form S-1 with the U.S. SEC for a spot XRP exchange-traded fund, aiming to expand its cryptocurrency ETF offerings. This move follows its success with a spot Bitcoin ETF and positions it alongside other applicants like Bitwise and 21Shares. Coinbase affiliates are designated as the custody provider and prime execution agent for the proposed ETF.

YYellow.com

Banking & Finance15 Aug

Exodus Makes NYSE American Debut as Crypto Enters Traditional Finance

Exodus Movement, Inc., a self-custodial cryptocurrency software company, is set to debut its Class A common stock on the NYSE American exchange under the symbol "EXOD" on December 18, 2024. This move from OTCQX trading signifies increased visibility, liquidity, and a higher corporate profile within traditional financial markets for Exodus. The listing underscores the growing acceptance of crypto enterprises on Wall Street, despite other crypto companies facing regulatory hurdles, and highlights the NYSE's evolving stance on digital assets.

YYellow.com

Banking & Finance15 Aug

Mining Royalty Firm Elemental Offers XAU₮ Dividend In Industry First

Elemental Royalty Corporation is making financial history by offering its shareholders the option to receive dividends in Tether Gold (XAU₮), a tokenized gold payout. This innovative move positions Elemental as one of the first mining royalty companies to integrate a gold-backed digital asset into its dividend structure. The decision aligns with the company's gold-focused business model and provides shareholders with direct gold exposure, potentially influencing other gold producers to adopt similar strategies.

YYellow.com

Banking & Finance15 Aug

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.70 Million Tokens, and Total Crypto and Total Cash Holdings of $9.8 Billion | Corporate

Bitmine Immersion Technologies (BMNR) has announced that its ETH holdings have reached 5.70 million tokens, contributing to total crypto and cash holdings of $9.8 billion. The company holds 4.7% of the total ETH coin supply and was recently added to the Russell 1000 Large-cap Index. Bitmine also launched MAVAN, an institutional-grade Ethereum staking platform, and projects annualized ETH staking rewards of $246 million.

EEQS News

Banking & Finance15 Aug

Global X Bitcoin Covered Call ETF To Go Ex-Dividend On August 17th, 2026 With 0.0676 USD Dividend Per Share

The Global X Bitcoin Covered Call ETF (NASDAQ: BITS) is scheduled to go ex-dividend on August 17th, 2026. Shareholders can expect to receive a dividend of 0.0676 USD per share. This information is important for investors tracking dividend payouts for BITS.

富富途牛牛

Banking & Finance15 Aug

FaZe owner GameSquare reports $28.2m net loss in the first half of 2026

GameSquare Holdings, parent company of FaZe Esports, reported a net loss of $28.2 million for the first half of 2026, including a $10.6 million loss in Q2 2026. Despite a 117% increase in revenue to $33.0 million, significant unrealized losses of $22.4 million from cryptocurrency investments, primarily Ethereum, contributed heavily to the deficit. The company is also implementing a reverse stock split to regain NASDAQ compliance as its stock ($GAME) has been trading below the $1.00 minimum requirement for nearly a year.

DDust2.us

Banking & Finance15 Aug

Streamex Corp. Reports Second Quarter 2026 Financial Results

Streamex Corp. (NASDAQ: STEX) reported its Q2 2026 financial results, highlighting its first revenue of $0.1 million from gold lease income and a strong liquidity position of $41.8 million with no debt. The company's CEO, Henry McPhie, emphasized the strategic inflection point reached with its GLDY tokenized gold platform and announced plans to discuss future growth, including the upcoming GLDC offering, during an upcoming business update call.

GGlobeNewswire

Banking & Finance15 Aug

Solana ETF Inflows Hit $115M As Traders Hunt For A Cleaner Altcoin Bet

U.S. spot Solana ETFs have seen significant inflows, reaching $115 million in May 2026, boosting total assets under management to $1.13 billion. While these ETFs offer a cleaner altcoin investment, traders must consider factors like ETF premiums, staking risks, and issuer concentration. The robust inflows, particularly from Bitwise's Solana Staking ETF (BSOL), indicate growing institutional interest in SOL, but the article cautions against sharp reversals if flow momentum weakens.

YYellow.com

Banking & Finance15 Aug

Sysco (NYSE:SYY): A Dividend Quality Pick for Income

Sysco (NYSE:SYY) is highlighted as a quality dividend pick due to its strong dividend rating of 7, profitability rating of 7, and health rating of 5, passing ChartMill's "Best Dividend" screen. The article details Sysco's dividend yield of 2.61%, consistent dividend history, and solid profitability metrics like a 15.45% return on invested capital. While the company carries some leverage and its health rating is moderate, it is considered a steady income position rather than a high-growth stock.

CChartMill

Banking & Finance15 Aug

BKNG|Booking Holdings Inc|Price:212.060|Chg%:-1.280

This article provides a detailed overview of Booking Holdings Inc (BKNG) stock, including its current price, market capitalization, key financial figures, and recent news. It also includes analyst ratings, technical analysis, and a company profile. The stock is currently rated as "Buy" with a target price of $237.955.

TTradingKey

Banking & Finance15 Aug

National Presto Industries Secures $159.1M in Defense Contracts for 40mm Systems and Small Diameter Bombs

National Presto Industries announced that two of its defense subsidiaries, AMTEC Corporation and Spectra Technologies, LLC, have been awarded defense contracts totaling $159.1 million. These contracts, awarded on August 13, 2026, are for 40mm systems and warhead production for the Small Diameter Bomb program. The announcement was made via a Form 8-K filing, with National Defense Corporation acting as the holding company for these subsidiaries.

KKalkine Media

Banking & Finance30 Sept

Global Market: Chinese stocks struggle near one-year lows as policy support disappoints

Chinese blue-chip stocks stayed near one-year lows despite Beijings latest credit, mortgage and investment support measures. The CSI 300 was headed for its steepest quarterly decline since 2022, while property and technology shares remained under pressure. Weak domestic demand, subdued trading ahead of the holiday and limited investor confidence continued to weigh on markets.

TThe Economic Times

Banking & Finance29 Sept

Nifty slips 64 points, Sensex falls 243 points amid FII outflows, high crude and US Treasury yields

The equity markets ended lower on Tuesday as persistent foreign investor outflows, elevated crude oil prices and high US Treasury yields kept investors cautious. The pressure was also intensified by the rapid pace of IPO fundraising, which is absorbing liquidity from the market.

AAni (asian News International)

Banking & Finance27 Sept

Personal loan closure and your credit score: What really changes after the final EMI

Paying off a personal loan is usually good for your finances, but your credit score may not immediately move in the direction you expect.

MMoneycontrol

Banking & Finance26 Sept

Nifty logs 7th straight weekly loss for the first time in 6 years: Time to be fearful, or can bulls pull off a comeback?

Indian equities extended their losing streak to seven weeks as elevated crude prices, rising US Treasury yields, geopolitical uncertainty and FII outflows pressured sentiment. Next week, investors will track oil, global yields, US economic data, Fed commentary, domestic growth indicators and key Nifty levels.

TThe Economic Times

Banking & Finance23 Sept

Sensex jumps 350 points, Nifty above 23,400 as oil dips below $99/barrel. What can trigger the next sharp rally on D-Street?

Indian benchmark indices gain up to 0.5% as metal and financial stocks support the market, while elevated crude prices and bond yields remain key constraints. Analysts highlight resistance levels and stretched midcap and smallcap valuations.

TThe Economic Times