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US authorities set to unveil settlement with Binance -source
NEW YORK, Nov 21 (Reuters) – Binance chief Changpeng Zhao will step down and plead guilty to breaking criminal U.S. anti-money laundering laws as part of a $4 billion settlement resolving a years-long probe into the world’s largest crypto exchange, prosecutors said on Tuesday.The deal with the Justice Department, detailed in court filings, is part…
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Former federal finance minister defends ‘sustainably successful’ CPP amid Alberta pension exit plan
Top money managers’ Canadian pension AUM up 7.7% year over year: report The Canadian pension assets under management of the country’s top 40 investment managers increased by 7.7 percentage points over the previous year, from nearly $989…By: StaffNovember 21, 2023 November 20, 202311:00 Former federal finance minister defends ‘sustainably successful’ CPP amid Alberta pension exit…
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Feds fine crypto giant $4.4B, alleging it aided Hamas financing, violated sanctions
Binance and CEO Changpeng Zhao have struck a landmark settlement with federal prosecutors. | Patricia de Melo Moreira/AFP via Getty Images Binance, the world’s largest cryptocurrency exchange, is being booted out of the U.S. after federal prosecutors alleged the company aided terrorist networks like Hamas, violated sanctions and facilitated human and narcotics trafficking. Binance, a…
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Financial moves to make in 2024 (and ones to avoid)
By opening a CD or high-yield savings account in 2024 you can start earning more interest on your money. Getty Images Americans continue to feel the pinch in their wallets when paying high prices for necessities like food, gas and housing. However, the inflation rate is trending downward after peaking at 9% in June 2022.…
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Finance Ministry Optimistic On Growth, Says Rate Hike Cycle May Temper Demand
The Finance Ministry maintained its optimism about closing the year with strong growth performance and macroeconomic stability and expressed confidence in achieving the budgeted deficit target for the year.India aims to cut its fiscal deficit to 5.9% of GDP in FY24, on its path to lowering it to 4.5% by FY26.The downside risks to growth…
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Australian regulator to tighten scrutiny of super funds, sustainable finance | ESG
The Australian Securities and Investments Commission (ASIC) has detailed its enforcement priorities for the forthcoming year, with a particular scrutiny on the superannuation, insurance and sustainable finance industries. Joseph Longo,ASIC ASIC’s Chairman, Joseph Longo, and Deputy Chair, Sarah Court, provided insight into these matters during their speeches at the ASIC Annual Forum in Melbourne. They…
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Sundaram Alternates raises ₹1,100 crore to provide debt finance to SMEs
Sundaram Alternates Assets Ltd has just completed raising ₹1,100 crore for its Emerging Corporate Credit Opportunities fund. The fund is meant to provide debt finance to small and medium enterprises, of ₹200 crore-1,000 crore turnover. Sundaram Alternates is a wholly owned subsidiary of Sundaram Assets Management Company Ltd, which is a subsidiary of Sundaram Finance Ltd, a leading non-banking finance company.Sundaram Alternates…
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An expert who spent 6 years studying financial behavior says retirement can sneak up on women — but there are 3 ways to get ahead of it
Stacey Tisdale. Stacey Tisdale images Redeem now Our experts answer readers’ investing questions and write unbiased product reviews (here’s how we assess investing products). Paid non-client promotion: In some cases, we receive a commission from our partners. Our opinions are always our own.Retirement saving can be difficult for women because of lower wages and time…
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Altura launches standalone specialist finance advice brand
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POWYS: Savings target performance
At a meeting of Powys County Council’s Cabinet on Tuesday, November 21, senior councillors received an update on how the 2023/2024 budget performed during the second quarter of the year.This runs from July to the end of September.The report shows the council now predict achieving a surplus of £2.85 million at the end of March…
