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Crypto

Billionaire Warren Buffett Dumps $3,230,000,000 of Berkshire’s Exposure To Citigroup, Bank of America and Capital One After Exiting Wells Fargo, JPMorgan Chase – The Daily Hodl
Byaea2ede5_admin May 17, 2025

Billionaire Warren Buffett just sold about $3.23 billion of Berkshire Hathaway’s stake in Citigroup, Bank of America and Capital One. After eliminating Berkshire Hathaway’s stake in JPMorgan Chase and Wells Fargo in recent years, new filings show Buffett continues to place US banks on the chopping block. Berkshire has now also completely exited Citigroup, unloading…

Read More Billionaire Warren Buffett Dumps $3,230,000,000 of Berkshire’s Exposure To Citigroup, Bank of America and Capital One After Exiting Wells Fargo, JPMorgan Chase – The Daily Hodl
Stocks

IndusInd Bank brings Cyril Mangaldas for legal heft
Byaea2ede5_admin May 2, 2025

Mumbai: IndusInd Bank has engaged law firm Cyril Amarchand Mangaldas (CAM) for comprehensive legal counsel that would include scrutiny of the lender’s communication with all its stakeholders, sources told ET, after shocking disclosures on accounting gaps caused a ₹1,960-crore write-down and felled the bank’s chief executive earlier this week. CAM has stationed a dedicated team…

Read More IndusInd Bank brings Cyril Mangaldas for legal heft
Forex

JPY underperforming along with haven peer CHF – Scotiabank
BySilas W April 29, 2025

The Japanese Yen (JPY) weakened by 0.5% against the dollar, underperforming even fellow haven currencies, as markets brace for soft domestic data and upcoming US-Japan trade negotiations. With the BoJ expected to hold steady, JPY remains vulnerable to external risks and policy inertia, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Focus on data, trade, and…

Read More JPY underperforming along with haven peer CHF – Scotiabank
Crypto

Federal Reserve’s Withdrawal of Crypto Guidance ‘Just Lip Service,’ Says Senator Cynthia Lummis – Here’s Why – The Daily Hodl
Byaea2ede5_admin April 27, 2025

Republican Senator Cynthia Lummis of Wyoming says that the Federal Reserve withdrawing its crypto guidelines for banking institutions is just “lip service.” In a new thread on the social media platform X, the pro-crypto legislator says the Fed’s recent actions are largely just for show due to several factors. Earlier this week, the Fed –…

Read More Federal Reserve’s Withdrawal of Crypto Guidance ‘Just Lip Service,’ Says Senator Cynthia Lummis – Here’s Why – The Daily Hodl
Crypto

Wells Fargo To Pay $185,000,000 To Customers in Massive New Settlement – Here’s Who Will Benefit – The Daily Hodl
Byaea2ede5_admin April 26, 2025

Wells Fargo customers may be eligible to be beneficiaries of a $185 million payout from the bank following a court’s approval of a massive class action settlement. A lawsuit initiated last year claims that during the Covid-19 era, Wells Fargo issued mortgage forbearances to its customers when they didn’t want them, causing unnecessary hardship while…

Read More Wells Fargo To Pay $185,000,000 To Customers in Massive New Settlement – Here’s Who Will Benefit – The Daily Hodl
Forex

Oil: Tariff relief vs Iranian talks – ING
BySilas W April 14, 2025

The oil market is quiet in early morning trading today, after settling lower for a second consecutive week last week. News that the Trump administration is offering tariff exemptions on certain electronics products initially supported risk assets. Since then, uncertainty returned as President Trump suggested exemptions are only temporary — and that other more specific…

Read More Oil: Tariff relief vs Iranian talks – ING
Forex

Oil: Tariff pause provides some relief – ING
BySilas W April 10, 2025

Oil prices rallied along with risk assets yesterday after President Trump paused reciprocal tariffs on most trading partners, at least those that haven’t retaliated yet. This puts tariffs back to the baseline 10%, ING’s commodity analysts Warren Patterson and Ewa Manthey note. Oil rallies on tariff pause, but China hit hard “However, there was no…

Read More Oil: Tariff pause provides some relief – ING
Forex

Oil: Tariff tensions build – ING
BySilas W April 8, 2025

Oil prices witnessed something of a relief rally this morning. Yet risks are still skewed to the downside as President Trump threatens an additional 50% tariff on Chinese goods if it doesn’t lift its 34% retaliatory tariff today. It’s unlikely that China will reverse the policy. As such, markets are likely to see further escalation,…

Read More Oil: Tariff tensions build – ING
Crypto

Billion-Dollar Bank Accused of Executing $25,000,000 in Unauthorized Transactions, Quietly Draining Customers’ Accounts – The Daily Hodl
Byaea2ede5_admin March 29, 2025

A billion-dollar US bank is being sued for allegedly mishandling customer funds and worsening a crisis that locked 85,000 customers out of their savings. Yotta Technologies is accusing Evolve Bank & Trust of fraud, conspiracy, and negligence. Yotta offered a high-yield savings product, depositing customer money with Evolve for safekeeping. But in May 2024, after…

Read More Billion-Dollar Bank Accused of Executing $25,000,000 in Unauthorized Transactions, Quietly Draining Customers’ Accounts – The Daily Hodl
Forex

EUR: Tariff fatigue is evident – ING
BySilas W March 28, 2025

EUR/USD held in surprisingly well yesterday – as did European automakers. Source link

Read More EUR: Tariff fatigue is evident – ING