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Chocolate Finance suspends instant withdrawals due to ‘high demand’

Users have to wait three to 10 days if they make withdrawals during this period

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Chocolate Finance liquidity issues not reason for halting withdrawals: CEO Walter de Oude

Explanation comes as financial services platform suspends instant withdrawals due to ‘high demand’

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Chocolate Finance halts instant withdrawals following a run, but firm says it’s not due to liquidity issues

It is a ‘matter of managing increased transaction volumes’, adds financial services platform

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Chocolate Finance halts instant withdrawals following a run, but customer money not at risk: CEO

It is a ‘matter of managing increased transaction volumes’, adds financial services platform

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New Zealand needs to assess risk weights used by banks, ANZ says

New Zealand needs to assess the risk weights that banks are required to apply to lending to ensure they are not...

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Bankers race to catch up with EU defence goals in stunning reset

As Europe makes defence the bloc’s No 1 priority, it’s bumping up against its own bankers.

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Hedge funds give up half of 2025 gains in ‘challenging’ markets: Goldman Sachs

Stock plunges hit the hardest in parts of the markets where they held long bets on technology, media and telecommunications companies

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Millennium loses US$900 million on strategy roiled by market chaos

MILLENNIUM Management lost about US$900 million so far this year from two teams focused on index rebalancing, a strategy recently upended by...

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Fed chair Powell signals possible tweaks to ‘dot plot’ rate-path forecasts

US FEDERAL Reserve chair Jerome Powell on Friday (Mar 7) signalled potential changes for the Fed’s closely watched “dot plot” interest-rate projections...

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Blackstone gets US$8 billion in commitments for property debt fund

BLACKSTONE secured about US$8 billion in capital commitments for a new real estate debt fund, the latest effort to seize on dislocations...

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