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NEW YORK/MUNICH, May 17 (Reuters) – Germany’s Allianz SE (ALVG.DE) agreed to pay more than $6 billion and its U.S. asset management unit pleaded guilty to criminal securities fraud over the collapse of a group of investment funds early in the COVID-19 pandemic. Allianz’s settlements with the U.S. Department of […]
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Eakgrunge | Istock | Getty Images Less risk often means lower returns. But that’s not the case with I bonds, an inflation-protected and government-backed asset, which may soon pay an estimated 9.62%. I bonds currently offer 7.12% annual returns through April, and the rate may reach 9.62% in May based on the […]
An image of WeChat Pay in action. Zhang Peng | LightRocket | Getty Images Chinese tech giant Tencent is exploring whether regulators will require it to create a financial holding company to house is fintech business, a top executive said on Wednesday. The comments come after Bloomberg reported last week […]
Opinions expressed are solely those of the author and do not reflect the views of Rolling Stone editors or publishers. Increasing your visibility on search engine results pages (SERPs) is a worthwhile payoff. Many people use major search engines like Google and Bing to discover new brands. According to findings […]
Woman doing online shopping. Oscar Wong | Moment | Getty Images China’s buy now pay later market is set to grow — but the industry is still at a nascent stage, and challenges lie ahead, experts told CNBC. There’s been a surge of interest in BNPL services in China over […]