Banking - Page 11

Banking is the financial business of accepting deposits from the public, providing loans, and offering financial services such as savings accounts, checking accounts, and investment products. It involves the management of financial transactions and the facilitation of payments between individuals, businesses, and governments. Banks act as intermediaries, connecting savers who deposit money with borrowers who need funds, thereby supporting economic activity. The banking sector encompasses various types of institutions, including commercial banks, investment banks, credit unions, and savings and loan associations. Regulatory bodies oversee banking operations to ensure the stability and security of the financial system.
AI’s Dark Side: China Launches Crackdown on Fake Stock Market News

AI’s Dark Side: China Launches Crackdown on Fake Stock Market News

China’s securities watchdog intensifies efforts against misleading stock market information, responding to AI-fueled manipulation. The China Securities Regulatory Commission (CSRC) collaborates with police and cyberspace authorities to dismantle false information networks. DeepSeek, a Chinese AI firm, offers powerful data analysis tools but
15 March 2025
Big Moves In Crypto! Major Director Sells Shares

Big Moves In Crypto! Major Director Sells Shares

Coinbase Director Makes Significant Stock Moves In a recent major transaction, Frederick Ehrsam, Director of Coinbase Global, Inc. (NASDAQ:COIN), offloaded 25,194 shares of the company’s stock on January 21st, well worth approximately $7.5 million. Following this significant divestiture, he retains ownership of
23 January 2025