The Federal Reserve announced on July 20 that its new instant payment system called FedNow is officially live. Ahead of its launch, some online posts equated FedNow to a central bank digital currency ...
HSBC's new CEO Georges Elhedery aims to save $300 million in 2025. The bank also plans to reduce its cost base by $1.5 billion by the end of next year. HSBC stock dipped on Wednesday after hitting a ...
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