Janney Montgomery Scott, a firm owned by KKR & Co. , is making some big changes. They're in talks to sell off parts of their business. Specifically, they're looking to sell their division that advises banks and their institutional equities business. This sale is part of a larger plan to focus more o
Small banks in the U. S. are raising concerns about Sony's plans to enter the crypto world. They think Sony is trying to get around some important banking rules. Sony wants to create a new company called Connectia Trust. This company would deal with digital money, like stablecoins. Stablecoins are a
In a show of resilience, Palestinians in the West Bank village of Deir Istiya gathered for Friday prayers after cleaning up their mosque. The mosque had been vandalized, with broken glass, offensive graffiti, and burn marks left behind. Villagers believe Jewish settlers were responsible for the dama
The Czech Republic is diving into the world of cryptocurrency. The country's central bank has made a move that shows they're serious about understanding and possibly adopting digital currencies. They've put $1 million into a mix of Bitcoin, stablecoins tied to the U. S. dollar, and tokenized bank de
In the West Bank, a mosque was set on fire by Israeli settlers. They also wrote hateful messages on the walls. This happened just one day after some Israeli leaders spoke out against violence by settlers. The mosque in Deir Istiya had one of its walls burned. Also, three copies of the Quran and som
Juan Kreutz, known as JC, has been appointed to a big role at SMBC Americas. He is now the head of Structured Finance Solutions and the Deputy Head for the Americas region. JC will be in charge of many financial areas. These include project finance, real estate finance, and global trade finance. He
Waterbury Hospital is on the brink of a major change. UConn Health has stepped in with a bid to take over the hospital, which could prevent its closure. This move comes after the hospital's current owner, Prospect Medical Holdings, filed for bankruptcy. The takeover could mean better healthcare for
Brazil is stepping up its game in the crypto world. The central bank has just rolled out new rules for trading virtual assets, including cryptocurrencies. These rules aim to tackle money laundering and terrorism financing, extending existing regulations to virtual-asset service providers. Crypto ha
eToro, a popular platform for trading stocks and crypto, has caught the attention of Deutsche Bank. After a strong third-quarter performance, analyst Brian Bedell has upgraded eToro's stock from "hold" to "buy. " He also raised the target price slightly, from $44 to $45. Since its debut on the Nasda
Marriott's recent breakup with Sonder, a short-term rental company, has left many guests scrambling. The sudden split, announced just a week into their stays, has caused chaos for travelers who had booked through Marriott's channels. Guests like Steve McGraw, a retired tech executive, were caught o
