Core Insights - Standard Chartered estimates that U.S. dollar-backed stablecoins could withdraw approximately $500 billion in deposits from U.S. banks by the end of 2028 [1] Group 1 - The analysis indicates a significant potential shift in banking deposits towards stablecoins, highlighting the growing influence of cryptocurrency in the financial sector [1] - This trend may reflect broader changes in consumer behavior and preferences for digital assets over traditional banking systems [1] - The forecast suggests that the adoption of stablecoins could accelerate, driven by factors such as increased regulatory clarity and technological advancements [1]

Core Viewpoint - An oil tanker under EU sanctions for transporting Russian oil is being escorted to Tanger Med in Morocco by a Spanish rescue ship [1] Group 1 - The oil tanker is currently under EU sanctions, indicating regulatory actions against entities involved in the transportation of Russian oil [1] - The involvement of a Spanish rescue ship highlights the role of national maritime authorities in enforcing sanctions and ensuring compliance [1] - The destination of the tanker, Tanger Med in Morocco, may suggest strategic implications for oil trade routes and regional maritime activities [1]

Citigroup on Tuesday announced a series of leadership changes across its corporate and investment banking divisions as CEO Jane Fraser steps up efforts to sharpen the bank's competitiveness against Wa... ...

Exports of crude oil and liquefied natural gas from U.S. Gulf Coast ports tumbled to zero on Sunday, after a massive winter storm swept across the country, ship tracking service Vortexa said. ...

BNY has tasked insider Adam Vos to oversee the push to strengthen its wealth and managed accounts offerings, the oldest U.S. bank said on Tuesday. ...

Core Viewpoint - Roper Technologies has projected 2026 revenue and profit figures that fall short of Wall Street expectations, primarily due to weakened demand in its government contracting unit, Deltek, resulting in a 14.9% decline in the company's shares [1] Group 1 - Roper Technologies' forecast for 2026 revenue and profit is below Wall Street estimates [1] - The decline in demand is specifically attributed to the government contracting unit, Deltek [1] - Following the announcement, Roper Technologies' shares experienced a significant drop of 14.9% [1]

U.S. consumer confidence slumped to the lowest level in more than 11-1/2 years in January amid mounting anxiety over a sluggish labor market and high prices, which could see households becoming more cautious about spending. ...

Mexican President Claudia Sheinbaum, pressed on Tuesday whether Mexico had halted oil shipments to Cuba amid pressure from Washington, said shipment decisions were sovereign in nature and not based on... ...

Amazon said on Tuesday it would expand its same-day delivery service to more U.S. cities this year while closing some of its Amazon Go and Amazon Fresh physical locations to convert them into Whole Fo... ...

Core Insights - Cloudflare shares experienced a significant increase of approximately 14% in premarket trading, driven by renewed investor interest in the company's AI tools, particularly the "Clawdbot" AI agent [1] Company Summary - The surge in Cloudflare's stock price indicates a positive market reaction to developments surrounding its AI capabilities [1] - The "Clawdbot" AI agent has become a focal point for social media discussions, suggesting a growing enthusiasm for Cloudflare's technological offerings [1]