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sumitomo mitsui banking corporation

A Small Bar Fights for Its Home in NYC

December 19, 2025

In the heart of Times Square, a tiny bar named Jimmy’s Corner has been a beloved spot for over half a century. It’s not just a place to grab a drink; it’s a tribute to boxing history, with photos of legends like Muhammad Ali and Mike Tyson adorning its walls. The bar’s founder, Jimmy Glenn, was a fa

business

Big Move: Japan's MUFG Invests Big in India's Shriram Finance

December 19, 2025

Japan's financial giant MUFG is making a bold play in India. They're buying a 20% piece of Shriram Finance for a whopping $4. 4 billion. This isn't just any deal—it's the biggest cross-border investment in India's financial scene yet. Why India? Well, Japan's banks have been looking abroad for grow

finance

Crypto and Traditional Finance: A New Partnership

December 19, 2025

The financial world is changing fast. Crypto is not just a trend anymore. It is becoming a big part of how money moves and how institutions work. This change is not just about new technology. It is also about rules and trust. For a long time, fintech was about making banking look better on phones.

crypto

Crypto Comes to French Banks: What You Need to Know

December 19, 2025

Big news in the world of banking and crypto! BPCE, a major French banking group, is diving into the crypto market. They are going to let customers buy and sell cryptocurrencies like bitcoin, ether, solana, and USDC right from their banking apps. This is a big deal because it means more people can ea

finance

Canada's Big Banks: Strong but Watchful

December 18, 2025

Canada's top financial watchdog has decided to keep the extra safety net for the country's six largest banks at the same level. This safety net, called the domestic stability buffer, is currently set at 3. 5%. The Office of the Superintendent of Financial Institutions (OSFI) believes these banks are

finance

Big Finance Takes a Step into Crypto

December 18, 2025

The world of traditional finance is making a bold move into crypto. The Depository Trust & Clearing Corporation (DTCC), a major player handling trillions in transactions, has decided to use the Canton Network to tokenize US Treasury securities. This is a big deal because it shows that even the old-s

technology

Crypto's New Player: Geode Coin Takes Center Stage

December 18, 2025

Geode Coin has just made its debut on BitMart. com, a big deal for this nonprofit-backed cryptocurrency. This isn't just another crypto launch; it's a step towards making blockchain tech more accessible and useful for everyday people. Geode Chain, the network behind the coin, has been running smoot

environment

Breaking Down a Climate Research Giant: What's Next for NCAR?

December 18, 2025

The Trump administration has a plan to split up the National Center for Atmospheric Research (NCAR) in Colorado. This is a big deal because NCAR is one of the largest centers for studying climate and weather in the U. S. Russ Vought, who works at the White House, shared this news on X. He said the N

business

Big Money Moving: Angola's Railway Gets a Major Upgrade

December 18, 2025

Angola is getting a serious boost in transportation with a huge loan deal. A group of companies and the U. S. International Development Finance Corporation just signed a $553 million loan to fix up a big railway line. This isn't just any railway—it's part of the Lobito Corridor, a super important ro

crypto

U. S. Lawmakers Move Closer to Crypto Regulation

December 18, 2025

The U. S. Senate is making progress on crypto regulations. Recent meetings between Democrats and Republicans show a push for a market-structure bill. This could be a big step for the crypto world. Macquarie, an investment bank, thinks these talks are important. They could lead to a deal that shapes