Tag: finance department

Is Banco Do Brasil (BDORY) Stock Outpacing Its Finance Peers This Year? – March 31, 2023

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Banco Do Brasil SA (BDORY – Free Report) one of those stocks right now? A quick glance at the company’s year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.

Banco Do Brasil SA is one of 866 companies in the Finance group. The Finance group currently sits at #12 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector

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Federal budget: Capital gains tax, more may target high-income earners

Jamie Golombek: Ottawa says it’s looking to close tax loopholes that benefit the wealthy and corporations

Published March 16, 2023 • Last updated 6 days ago • 5 minute read

Finance Minister Chrystia Freeland holds a news conference before delivering the 2022-23 budget, in Ottawa, on April 7, 2022.
Finance Minister Chrystia Freeland holds a news conference before delivering the 2022-23 budget, in Ottawa, on April 7, 2022. Photo by Blair Gable/Reuters

We have a date. Finance Minister Chrystia Freeland will deliver Canada’s federal budget plan on

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The banking crisis is ‘over,’ top analyst Dick Bove says. Here’s why.

The banking crisis is finished.

That’s a somewhat surprising message from OG banking analyst Dick Bove, who rose to fame with his bold calls at the height of the 2008-2009 crisis.

“I think that the near-term banking crisis is definitely over,” the Odeon Capital Group Financial analyst said on Yahoo Finance Live (video above).

Bove’s call is rooted in his interpretation of recent events to prevent a wider crisis in the financial system.

On Thursday, 11 US banks led by JP Morgan (JPM), Bank of America (BAC), and Citigroup (C) banded together to inject $30 billion in uninsured deposits into

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Euler Finance Hacker Mixes $1.6M in Ethereum on Tornado Cash

Funds tied to the latest Euler Finance exploit are on the move.

According to on-chain data, the attacker sent ten transactions to mixing service Tornado Cash worth 100 Ethereum each from an intermediary address, and still holds 1,500 ETH labeled as “Fake Phishing” at the same address.

The address has sent a total of 1,000 ETH, worth roughly $1.6 million.

Hackers moved part of the stolen funds less than 24 hours after Euler Finance—a borrowing and lending platform—warned that if 90% of the assets were not returned, the company would offer a $1 million bounty to anyone who can provide

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China plans to revamp finance, tech oversight

Delegates and officials gather at The Great Hall of the People in Beijing on March 5, 2023, for the opening of the annual National People’s Congress.

Lintao Zhang | Getty Images News | Getty Images

BEIJING — China plans to overhaul its financial regulatory system by consolidating aspects of the central bank and securities regulator under a new entity, while doing away with the existing banking regulator.

That’s according to a draft released late Tuesday as part of China’s ongoing annual parliamentary meeting, known as the “Two Sessions.” Delegates are set to approve a final version on Friday.

The changes

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BBC chief refuses to quit despite the chaos sparked by Lineker’s removal

Britain’s finance minister on Sunday said “people’s confidence” in the BBC needed to be restored as the broadcaster’s boss vowed not to quit amid the chaos surrounding Gary Lineker’s removal as Match of the Day host.

Lineker was forced to “step back” from his duties presenting the flagship Premier League highlights show after accusing the UK government of using Nazi-era rhetoric in announcing its policy to tackle illegal immigration.

The BBC said on Friday that Lineker, England’s fourth highest goalscorer of all-time, had breached guidelines on impartiality and the corporation would seek “an agreed and clear position on its use

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Amid global downturn, the finance world is chasing Middle Eastern money

A man dressed in a thawb walks past Dassault Falcon executive jets, Dubai, United Arab Emirates

Leonid Faerberg | Sopa Images | Light rockets | Getty Images

The organizers of the Investopia x Salt conference in Abu Dhabi — the brainchild of American financier and one-time White House press secretary Anthony Scaramucci and Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum — expected to see 1,000 guests over its two-day event in early march. Instead, it got 2,500.

“We’re a little overwhelmed, but it’s a great sign,” one of the organizers told CNBC. Some others were annoyed. “It’s too many

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TikTok is teaching people to manage their money. But it’s only a place to start. :NPR

People are getting their personal finance lessons from TikTok — as a start.

Erin Confortini/Screenshot by NPR; Grace Lemire/Screenshot by NPR


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Erin Confortini/Screenshot by NPR; Grace Lemire/Screenshot by NPR


People are getting their personal finance lessons from TikTok — as a start.

Erin Confortini/Screenshot by NPR; Grace Lemire/Screenshot by NPR

Erin Confortini, 23, taught herself to budget and invest in college when she realized she didn’t know much about personal finance — even as a finance major.

Now, she shares the details of her financial life with hundreds of thousands of people online.

In a recent

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