Silicon Valley Bank UK will continue to serve startup businesses from “seed funding to IPO,” the chief executive of its new owner, HSBC UK, said Tuesday.”We’re going to protect what we’ve got,” Ian Stuart told CNBC’s Arjun Kharpal at the Money20/20 fintech conference in Amsterdam.”We are going to keep it…

When Eunice Wang got a job as a strategy consultant at a pharmaceutical company in Beijing, it was a dream come true. The dream was six years in the making: She graduated from college majoring in biological engineering, and later completed a master’s in business analytics in the United States.But it…

Subway is planning to add thousands of new sandwich shops in China, increasing its footprint in the country by more than seven times. The world’s biggest sandwich chain announced Tuesday that it would open almost 4,000 new stores across mainland China over the next 20 years. The deal “is the…

Watch full video on YouTube

The Russian Prosecutor-General is set to let investigators confiscate crypto and liquidate criminals’ tokens, with the Treasury hoping to benefit.But legal experts say the plan could hit a roadblock when prosecutors try to liquidate coins.The media outlet Vedemosti first reported on the Prosecutor-General’s proposals back in April.Madina Dolgieva, the judiciary…

Watch full video on YouTube

Investment Thesis I wanted to take a look at Disney’s (NYSE:DIS) current situation and why it has not gone anywhere for quite a while now and may continue its downward spiral further. The company’s financials have deteriorated dramatically over the last 5 years, which explains the drop in share price,…

New York City is suing Hyundai Motor and its affiliate Kia for negligence and creating a public nuisance over complaints about a “virtual explosion” of stolen cars blamed on a lack of anti-theft devices.The New York lawsuit comes after several other major US cities sued the South Korean carmakers on…

The PGA Tour once advertised its brightest stars with the catch phrase “These guys are good.” A better slogan might now be “These guys are even richer.” In a bombshell announcement so staggering that many golf fans thought it was fake at first, the venerable PGA Tour unveiled a partnership…

The U.S. Securities and Exchange Commission on Tuesday asked a judge to grant a temporary restraining order to freeze assets tied to Binance.US. The agency on Monday charged Binance Holdings Inc. and its founder Changpeng Zhao with 13 securities law violations. The suit alleged that Binance created U.S.-only trading arms,…