Việt Nam needs a legal framework to manage cryptocurrency. — AFP/VNA Photo HÀ NỘI — Cryptocurrency will not be banned in Việt Nam but it is necessary to develop a legal framework to ensure its on-track development and prevent risks, a representative from the Ministry of
Greg Guyett oversees a broad range of businesses as the chief executive of HSBC’s global banking and markets unit, a role he took on in October 2022, just before rivals started making deep job cuts. But he’s looking to grow most of these businesses including investment banking, securities services and transaction banking, he told Financial News in a wide-ranging interview.
A report on donor-advised funds issued Thursday morning from an independent, academic-led collaborative finds 54% of these philanthropic vehicles granted at least half of their assets to nonprofits within three years. It also found that half of all existing accounts are modest in size, with assets of US$50,000 or less. The findings from the Donor-Advised
The reasons behind investor losses in 2023 in Việt Nam were quite diverse, with two prominent factors accounting for over 66 per cent of the cases: FOMO (Fear of Missing Out) and a lack of careful transaction planning. AFP/VNA Photo HÀ NỘI — The cryptocurrency market in Việt Nam remained bleak in 2023, resulting in
Published: Jan. 11, 2024 at 12:26 p.m. ET Mortgage rates rose slightly in the latest week, but that didn’t deter home buyers. The 30-year fixed-rate mortgage rose and averaged 6.66% as of January 11, according to data released by Freddie Mac FMCC on Thursday. It’s up 4 basis points from the previous week — one
Published: Dec. 29, 2023 at 7:23 p.m. ET CHARLESTON, W.Va. — West Virginia is issuing the first checks from a fund established by the settlement of opioid lawsuits in the state, which has by far the nation’s highest drug-overdose death rate. The Kanawha County Commission said Thursday it received a $2.9 million check and plans to
My dad wants to take out a mortgage and has tried, unsuccessfully, to have Sallie Mae release him as cosigner on my $153,000 student loan. What can we do?
I thought it was a federal loan because I believe they did both types of loans. I started paying back the $153,000 interest-only loan in September 2022, while my dad paid towards the principal and the balance increased. They removed the interest-only repayments after several calls were made regarding the balance not being reduced. My