A crypto company has earned a conditional green light from the federal banking regulator to operate as a national trust bank. The approval lets it hold digital assets, manage staking and settle trades under federal oversight. Crypto. com’s new charter, called Foris Dax National Trust Bank, could bec
JPMorgan has chosen Catherine O'Donnell to head its North America Leveraged Finance unit. She will move to New York and bring more than two decades of experience in complex debt deals. The bank says O'Donnell will run the team that finances large transactions across the continent. Her new role me
The Ghanaian government just cleared 10 billion cedis, about $910 million, in interest payments under its Domestic Debt Exchange Programme. This marks the sixth time the country has made a coupon payment since it started restructuring its debts in 2022. The ministry said the move is meant to calm
Navient, a major player in the student loan industry, has finally started sending out payments to borrowers who were allegedly wronged. This comes after a $100 million fund was set up by the U. S. consumer financial watchdog. The payments began rolling out in February, over a year after the Trump ad
Retirement planning can be tricky. A recent study found that many Americans think they need around $2 million to retire comfortably. But is that really the case? Several factors come into play when determining if $2 million is enough. For instance, where you live, how much you spend, and how long y
Italy is not just a dream destination for tourists. It's becoming a hotspot for the wealthy. Over 3, 600 millionaires moved there last year. They brought in €21 billion. Why? Italy offers a special tax deal. It's called the CR7 rule. Named after Cristiano Ronaldo, it lets newcomers pay a flat tax. T
Morgan Stanley Investment Management has just wrapped up a big deal. They created a special fund called MSABF 2026-1. This fund is all about consumer loans. It's backed by loans from different top lenders. The fund is rated by a well-known agency, KBRA. It has a revolving structure, which means it c
The euro is getting a new mission. Finance leaders from the euro‑area want the single currency to play a larger part in global markets. They say that political moves, especially from the United States, are turning money into a weapon. The euro has already lost some ground to the U. S. dolla
Dutch state bank Invest International has agreed to lend Nexperia $60 million, aiming to grow the company’s chip output worldwide. The money will help upgrade factories, raise production rates and boost overall efficiency. This financial support comes after a supply crunch that hit the automotive
In a bold move, Uruguay’s finance chief announced that the country will start issuing half of its government debt in its own currency, the peso. This change is part of a wider plan to reduce reliance on the U. S. dollar and shield the economy from foreign currency swings. Back in the early 2000s, a
