Bank of America has added Ligand Pharmaceuticals to its list of stocks it recommends buying, setting a new price target at $244. The move comes as the bank highlights Ligand’s business model, which focuses on high‑margin products and a lower level of risk compared to many other biopharma companies.
Banks and regulators have announced that digital versions of securities, known as tokenized securities, will be treated exactly like their conventional counterparts when it comes to capital requirements. The Federal Reserve, the FDIC, and the Office of the Comptroller of the Currency explained that
Trust is a big deal in health care. It's the foundation of good care. When people don't trust their doctors, they might skip important check-ups. This can turn small problems into big ones. Parents know this well. They often worry about their kids' health. They get advice from everywhere. Some advi
Ripple's CEO, Brad Garlinghouse, hinted at possible future acquisitions in the second half of 2026, but emphasized that this year will be about integrating recent purchases. This comes after Ripple spent a whopping $4 billion on mergers and acquisitions in 2025, despite XRP's value being 60% lower t
Ripple has signed a deal with Aviva Investors, the investment arm of the UK insurer, to bring traditional funds onto its XRP Ledger. This marks Ripple’s first partnership with a European asset manager and could open the door for more institutional use of its blockchain. The ledger can issue tokenize
Ripple has just launched a new tool called Ripple Treasury. It's a big deal because it helps companies manage their money and digital assets in one place. This is a smart move, as companies often struggle with keeping track of their cash spread across different accounts and countries. The new platf
Banks are diving into AI, and it's a big deal. For the third year, it's the hottest trend in finance. But it's not all smooth sailing. AI brings both benefits and risks. On one hand, it boosts efficiency and improves customer service. On the other, it opens doors to fraud, deepfakes, and voice cloni
Banks in the euro area might struggle to get money from markets, especially in dollars and other foreign currencies, if global tensions keep rising. This warning came from the European Systemic Risk Board (ESRB) on a Thursday. Recently, things got tense between Europe and the U. S. over President T
Banks are in a tough spot right now. President Trump has suggested capping credit card interest rates at 10% for a year. This idea has caused quite a stir in the finance world. Banks are trying to figure out what to do next. The problem is, there's no clear plan on how this cap would work. The Whit
Trust Wallet, a popular digital wallet for cryptocurrency, recently faced a significant security breach. Hackers exploited a vulnerability in version 2. 68 of their Chrome extension, resulting in a substantial loss of $7 million in cryptocurrency. This incident highlights the ongoing challenges in s
