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ANSA Merchant Bank Limited is reporting a total asset value of 10.3 billion dollars in 2023, with profits before tax coming in at 201 million dollars. The Group also recorded significant growth in its Insurance sector, which achieved an historic one billion dollars in revenue. Rynessa Cutting has the details from the Group's 46th Annual General Meeting.
⏲ 3:17 👁 800K
boss of the mushroom kingdom
⏲ 49 seconds 👁 59.2K
TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and another $7.7 billion will be forgiven in student loan debt.
⏲ 1:44 👁 1.2M
Teresa Ghilarducci, Professor of Economics at The New School for Social Research, joins TheStreet to break down why so many Americans don’t have retirement accounts.
⏲ 2:2 👁 3.1M
<p>In this week's episode of Yahoo Finance Future Focus, our host Brian McGleenon explored the anticipated growth in the tokenization of real-world assets with Outlier Ventures Research Lead Jasper De Maere. This includes sovereign bonds, bank-issued debt, and real estate on the blockchain.The estimated total addressable market for real-world asset tokenisation is projected to reach between $10 trillion to $15 trillion by the end of the decade, according to Outlier Ventures' Tokenising Real World Assets 2024 Thesis. De Maere highlighted the transformative impact this technology will have on industries like financial markets, manufacturing, healthcare, and infrastructure over the next decade. He emphasised the benefits of tokenisation, including increased accessibility and liquidity for financial products, real estate, and art, along with improved transparency and security through blockchain features.</p>
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<p>On this week's episode of Yahoo Finance Future Focus, our host Brian McGleenon delves into the world of blockchain technology with Vodafone Blockchain Lead and PairPoint CPO David Palmer. Palmer shed light on Vodafone's approach to integrating blockchain with mobile phone technology, specifically through the utilisation of sim cards.He began by highlighting the sheer scale of mobile phone usage, with an expected 8 billion devices in operation by 2023, and then emphasised the pivotal role of mobile phones as the primary gateway to digital applications and commerce, underscoring the importance of leveraging sim card technology for blockchain integration.The discussion turned to the forecasted mass adoption of blockchain-based digital wallets on mobile phones, with Palmer forcasting a surge to 5.6 billion wallets by 2030.The episode delved into Vodafone's PairPoint Digital Asset Broker (DAB) platform, providing insights into how the platform facilitates seamless transactions across public blockchains like Ethereum, as well as private ones, and how it empowers IoT devices with decentralised digital identities.</p>
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Leaving these assets to loved ones may be more trouble than it’s worth. How to avoid adding to their grief after you're gone.
⏲ 2:58 👁 2.7M
TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and why more Americans are lighting up as opposed to pouring a drink.
⏲ 1:46 👁 2.2M
Leaving these assets to loved ones may be more trouble than it’s worth. How to avoid adding to their grief after you're gone.
⏲ 2:58 👁 70K
With $111 billion in assets and $6 billion in profits, shadowy stablecoin merchant Tether has emerged as crypto’s most profitable company. Now it's restructuring, moving into bitcoin mining, AI and education.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/ninabambysheva/2024/05/09/how-crypto-giant-tethers-new-ceo-is-remaking-the-company-for-the-apocalypse/?sh=42c9bb6765d2<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
⏲ 5:35 👁 2.7M
JPMorgan CEO Jamie Dimon signaled that his expected tenure is now less than five years, changing his standard response to retirement questions. Dimon, currently 68 years old, has led JPMorgan for nearly two decades and grown it into the largest bank by assets in the U.S. The timing of Dimon's succession has long been a key question for investors and analysts, given his pivotal role at the company. Dimon said the decision on when he steps down will ultimately be up to the board, but he still has the energy for the job. Dimon stated the company is moving people into positions in an apparent reference to succession planning. Even after retiring as CEO, Dimon is expected to remain as Chairman of JPMorgan after retiring as CEO
⏲ 0:45 👁 1.2M
There's no question that exchange-traded funds have become a major part of the investor's toolkit. \
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