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assets – XtremeCuztoms

Tag: assets

Protecting Assets From a Nursing Home

Most people work their entire adult lives saving for retirement. Between stocks, annuities, and savings, they think they’re covered. Then a catastrophic illness or accident happens, and they’re forced to enter long-term care. And the average cost of a semi-private room is $9,167 per month. This can wipe out a savings quickly. Although this scenario…


Putin Signs Decree Taking Over Russian Assets of Two Foreign Firms

President Vladimir Putin on Tuesday signed a decree establishing temporary control of the Russian assets of two foreign energy firms, signaling Moscow could take similar action against other companies if need be. The decree—outlining possible retaliation if Russian assets abroad are seized—showed Moscow had already taken action against Uniper SE’s Russian division and the assets…


Bankrupt Crypto Exchange FTX Has Recovered $7.3 Billion in Assets

Bankrupt crypto exchange FTX has recovered over $7.3 billion in cash and liquid crypto assets, an increase of more than $800 million since January, the company’s attorney said on Wednesday at a U.S. bankruptcy court hearing in Delaware. FTX attorney Andy Dietderich said the company is starting to think about its future after months of…


FTX Customers File Class Action to Lay Claim to Dwindling Assets

FTX customers filed a class action lawsuit against the failed crypto exchange and its former top executives including Sam Bankman-Fried on Tuesday, seeking a declaration that the company’s holdings of digital assets belong to customers. The lawsuit is the latest legal effort to lay claim to the dwindling assets of FTX, which is already feuding…


Be Your Own Bank

Multimillionaires and their families are set up to be their own bank. They use their assets to loan and receive interest. They also use their assets to invest. What if you could do the same? Having the wherewithal to Be Your Own Bank would save you money and help grow your wealth. But not everyone…


5 Ways to Professionally Manage Your Financial Assets

Your business is growing—that’s great news! It also means it’s time to triple-check that you’re protecting your assets and managing your finances in a scalable way. Here’s how. As a business grows, leadership needs to ensure they manage financial assets and that equity within the company is well-managed and secure. No matter where your business…


Moscow Warns of End to Russia–US Relations If Assets Seized: TASS

MOSCOW—Any possible seizure of Russian assets by the United States will completely destroy Moscow’s bilateral relations with Washington, TASS quoted the head of the North American Department at the Russian foreign ministry as saying on Saturday. Russia’s relations with the West have deteriorated sharply since Moscow sent tens of thousands of troops into Ukraine on…


Japan to Freeze Assets of Four More Russian Banks From April 2

TOKYO—Japan will freeze the assets of four additional Russian banks from April 2, Finance Minister Shunichi Suzuki said on Thursday, taking to seven the total number Tokyo has slapped with such sanctions. Prime Minister Fumio Kishida’s cabinet approved the decision to freeze the assets of VTB Bank, Sovcombank, Novikombank and Otkritie, the Ministry of Finance…


EU to Freeze Putin’s Assets Over Ukraine Aggression

The European Union has adopted a fresh round of sanctions against Russia for its invasion of Ukraine, including freezing the overseas assets of Russian President Vladimir Putin and Foreign Minister Sergei Lavrov, a top European official said. Latvia’s Minister of Foreign Affairs, Edgars Rinkevics, confirmed in a statement that the European Union’s Foreign Affairs Council had…


Global Hedge Fund Industry Assets Top $4 Trillion for the First Time

LONDON—Assets under management at global hedge funds topped $4 trillion for the first time ever at the end of 2021, as the prospect of rising interest rates combined with the pandemic made for a volatile end of the year, industry tracker HFR said on Thursday. The jump represents a turnaround from the first quarter of…