Raiffeisen has reported a significant write-off of 82 million on its Leonteq investment, yet remains financially robust, with 2024 statements showing strong growth. The cooperative bank is set to capture a larger share of the mortgage market and expand its corporate client base, despite a 13% profit decline due to rising costs and increased staffing. With a growing number of pension and investment portfolios, Raiffeisen is poised to capitalize on opportunities in the financial sector.
about Raiffeisen Reports Profit Drop Amid Strong Growth and Increased Corporate ClientsChristian
0 posts last weekWizards of the Coast lays off staff and cancels Skeleton Key project
Wizards of the Coast has reportedly laid off staff and canceled an unannounced project at Skeleton Key, as indicated by audio director Nassim Ait-Kaci’s LinkedIn post expressing his job search. Despite plans for expansion and the development of AAA horror titles, Skeleton Key’s website shows no current job openings, raising concerns about the studio’s future. Founded in 2022 by industry veteran Christian Dailey, Skeleton Key aims to deliver immersive gameplay and unique narratives.
about Wizards of the Coast lays off staff and cancels Skeleton Key projectNeobank Infini Loses 49.5 Million USDC in Exploit by Former Insider
Neobank Infini celebrated reaching a $50 million total value locked (TVL) but soon faced a $49.5 million exploit due to an insider’s retained administrative privileges. The attacker converted stolen USDC into DAI and purchased 17,696 ETH, complicating recovery efforts. Infini’s founder acknowledged the security lapse and assured users of the platform’s financial stability and ongoing investigations.
about Neobank Infini Loses 49.5 Million USDC in Exploit by Former InsiderInfini Hack Results in 49.5 Million USDC Theft and Security Concerns
Infini, a stablecoin neobank, suffered two significant security breaches, losing a total of 49.5 million USDC. The first attack drained 11.4 million USDC, followed by a second theft of 38 million USDC, raising concerns about the platform’s security. Despite the founder’s assurances of liquidity stability and no private key leak, ongoing investigations have left users anxious about the platform’s vulnerabilities.
about Infini Hack Results in 49.5 Million USDC Theft and Security ConcernsThe Future of Cryptocurrency in 2025: Trends and Predictions
The cryptocurrency market is experiencing renewed interest, with Bitcoin reaching $100,000, yet skepticism remains high among Americans, particularly regarding investment safety. A shift in regulatory stance is anticipated under new federal leadership, potentially clarifying rules and protecting investors from scams. However, experts caution that investing in crypto remains highly speculative and volatile, advising individuals to limit their exposure significantly.
about The Future of Cryptocurrency in 2025: Trends and PredictionsEuropean Banks Report Mixed Annual Results Amid Legal Challenges and Profit Growth
Spain’s BBVA reported a record annual profit exceeding 10 billion euros, driven by increased commission income and higher interest rates, while announcing a dividend of 0.41 euros per share and a share buyback. In contrast, Deutsche Bank faced a 7% drop in pre-tax earnings to 5.3 billion euros due to legal costs, despite a rise in income from its core businesses. CEO Christian Sewing aims for a 10% return on equity by 2025, emphasizing that 2024 will be crucial for the bank’s transformation strategy.
about European Banks Report Mixed Annual Results Amid Legal Challenges and Profit GrowthTransforming Generation Z into Investors with Trade Republic’s Success Story
Christian Hecker, co-founder of Trade Republic, has transformed the investment landscape in Germany, a country where only 17% of the population owned shares or equity funds in 2024. Despite facing around 200 rejections from investors, Trade Republic has emerged as Europe’s largest broker, appealing particularly to Generation Z. The persistent pension gap and changing attitudes towards investing are driving this shift away from traditional savings accounts.
about Transforming Generation Z into Investors with Trade Republic's Success StoryTransforming Generation Z into Investors with Trade Republic’s Innovative Approach
Christian Hecker, co-founder of Trade Republic, has transformed the investment landscape in Germany, where only 17% of the population aged 14 and over owned shares as of 2024. Despite facing around 200 rejections from investors, Trade Republic has emerged as Europe’s largest broker, addressing the pension gap and appealing to Generation Z. Most savers still prefer low-return savings accounts over equities.
about Transforming Generation Z into Investors with Trade Republic's Innovative ApproachUnderstanding the New Workplace Dynamics with GenZ and Hybrid Work Models
Christian Vasino, CEO of Chaberton Partners, emphasizes that companies must adapt to the new work landscape shaped by the pandemic, as employees have grown accustomed to remote work. He argues that CEOs who struggle to engage with GenZ are out of touch, highlighting the importance of understanding younger generations’ expectations in the competitive talent market. The traditional top-down management approach is outdated; success now hinges on collaboration between companies and their employees.
about Understanding the New Workplace Dynamics with GenZ and Hybrid Work ModelsBond Yields Rise Raising Concerns for Stock Market Stability
US 10-year Treasury yields have surged to nearly 4.7%, the highest since April, raising concerns for stock markets as historical patterns suggest potential declines in equities. Goldman Sachs warns that if yields continue to rise without positive economic data, a near-term correction in stocks is likely. Despite this, many investors remain bullish on US equities, anticipating a favorable economic scenario while downplaying inflation risks.
about Bond Yields Rise Raising Concerns for Stock Market StabilityChallenges of AI and Sustainability for Corporate Boards in Switzerland
Christian Vasino, CEO of Chaberton Partners, highlights the overwhelming challenges AI presents to boards of directors, prompting his firm to establish a pool of AI specialists in Switzerland by 2025. He emphasizes the urgency for companies to adapt quickly to maintain competitiveness amid rapid digital transformation. Additionally, he calls for an independent certification system for sustainability, noting the lack of standards complicates board responsibilities and that sustainability is increasingly vital for corporate reputation.
about Challenges of AI and Sustainability for Corporate Boards in Switzerland