HSBC beats profit expectations, aims to reduce cost by $300m

February 19, 2025

Catenaa, Wednesday, February 19, 2025 – HSBC released its annual performance on Wednesday. In 2024, the bank recorded a Profit After Tax(PAT) of $25 billion, exceeding market expectations as the bank battled losses from foreign currency and restructurings. The profit before tax was recorded at $ 32.3 billion, rising by $ 2 billion from 2023, which includes […]

Ubyx Raises $10M to Solve Stablecoin Market Split

June 26, 2025

Catenaa, Thursday, June 26, 2025-Ubyx, a London-based startup founded by ex-Citigroup executive Tony McLaughlin, has raised $10 million in seed funding to develop a global stablecoin clearing system aimed at streamlining the fragmented stablecoin market. The round was led by Galaxy Ventures and backed by Coinbase Ventures, Founders Fund, Paxos, VanEck, and others, the company […]