With an extended level of leverage to Archegos compared to other banks, it is expected that Credit Suisse and Nomura Holdings will be the hardest hit companies.
The crypto market is fast-growing yet volatile, being both extremely promising but hard to predict. For 2021, these are the crypto market trends you should watch out for.
The fintech Stripe is now the most valuable tech startup of all time after its latest round of funding. The company currently operates in America and Europe with plans to expand further.
The announcement comes after Democrats in the Senate passed a huge $1.9 trillion COVID relief package despite objections from the GOP.
This trend reflects what we have seen in the last five years where millennials have largely out-bought every other generation in the home market.
After the company caved into the demands of the NSCC and restricted trading on so-called “volatile shares”, the amount was reduced from the initial $3 billion to $700 million.