Max Gottlich

California, Manhattan

News Editor at Seeking Alpha

News editor @seekingalpha. Read my bylines below, covering macroeconomics, financials and crypto.

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Articles

All 22 banks pass Fed's 2025 stress test on capital levels

13 hours ago | seekingalpha.com | Max Gottlich

Douglas RissingAll 22 banks tested above the minimum common equity tier 1 (CET1) capital requirement during a hypothetical recession, the U.S. central bank said Friday, even after absorbing total projected hypothetical losses of over $550B. This is a developing story. Check back for updates. More on the Financial Sector
Republicans strike tentative deal on SALT cap - report

14 hours ago | seekingalpha.com | Max Gottlich

WLDaviesIn a bid to keep U.S. President Donald Trump's tax and spending bill alive, Republicans are offering an increased $40K cap on the state and local tax deduction as a five-year fix, according to a media report published Friday. Republican
Visa, Mastercard merchant fees violate antitrust law, U.K. court rules (MA:NYSE)

15 hours ago | seekingalpha.com | Max Gottlich

ra3rn/iStock Editorial via Getty ImagesVisa (NYSE:V) and Mastercard's (NYSE:MA) default multilateral interchange fees came under fire Friday after London's Competition Appeal Tribunal ruled they violate European antitrust law, in a big win for the hundreds of merchants who filed complaints about such "excessive" fees.
Stablecoin, crypto market-structure bills may advance in single House vote - report

19 hours ago | seekingalpha.com | Max Gottlich

Leonid SukalaU.S. House Republicans are seeking to fast-track two key crypto bills -- the stablecoin-focused Genius Act and the broader crypto market-structure Clarity Act -- by advancing them in a single procedural vote, according to a recent media report. Their plan, which
Consumer sentiment ticks higher as inflation expectations cool again

20 hours ago | seekingalpha.com | Max Gottlich

MicroStockHub/iStock via Getty ImagesThe U.S. consumer sentiment gauge came in at 60.7 in June's final estimate, compared with the mid-month reading of 60.5 and May's 52.2, according to data released by the University of Michigan on Friday. The 16% monthly surge in the UMich
U.S. firms hungry for crypto, starved for clarity: Coinbase survey

1 week ago | seekingalpha.com | Max Gottlich

More than half of Fortune 500 companies are building blockchain projects and stablecoin usage is surging, though Coinbase (NASDAQ:COIN) noted crypto's next leap needs clear U.S. rules. Six in 10 Fortune 500 executives reported their companies are actively working on
SEC makes several new hires for key division posts

2 weeks ago | seekingalpha.com | Max Gottlich

PgiamThe U.S. Securities and Exchange Commission has filled several top division posts as it moves to bolster its leadership ranks, it said on Friday. Jamie Selway has been tapped to serve as director of the Division of Trading and Markets
India cracks down on crypto tax evaders as thousands receive notices - report

2 weeks ago | seekingalpha.com | Max Gottlich

btgbtgIndia's top direct tax authority is cracking down on crypto tax evasion and money laundering, according to a media report published Friday. The Central Board of Direct Taxes has flagged India-based people and businesses hiding crypto transactions that should be
Ripple CEO says XRP could capture 14% of SWIFT volume by 2030 (XRP-USD:Cryptocurrency)

2 weeks ago | seekingalpha.com | Max Gottlich

Steve Jennings/Getty Images EntertainmentThe XRP (XRP-USD) cryptocurrency could capture some 14% of the cross-border payment volume currently handled by global messaging network SWIFT within five years, Ripple CEO Brad Garlinghouse earlier in this week. Garlinghouse tied his projection to XRP's (XRP-USD) role
Charles Schwab posts M/M, Y/Y climbs in client assets (SCHW:NYSE)

2 weeks ago | seekingalpha.com | Max Gottlich

Charles Schwab (NYSE:SCHW) turned in total client assets of $10.35T in May, up 5% from the prior month and 12% from a year earlier, the brokerage said on Friday. Similarly, the S&P 500 gained 6% M/M and 12% Y/Y in May.