February 2021

WASHINGTON (Reuters) - U.S. bank profits fell 36.5% in 2020 from a year earlier as banks set aside huge amounts to guard against potential losses, but the industry has showed signs of strengthening in the fourth quarter as the…

Heritage U.S. coin auction postponed from February 23 to 25 DALLAS, Texas (February 17, 2021) - Due to extreme weather conditions in the Dallas-Fort Worth area this week and across the country, Heritage Auctions'…

Hotel real estate in San Diego County felt the impact of the pandemic last year, as the dollar value of properties changing hands plunged more than 60% from 2019 sales.In a new year-end report released this week, Orange County brokerage…

The Bank of New York Mellon, BNY Mellon, has set up a digital asset unit. The oldest bank in the United States plans to "hold, transfer, and issue" bitcoin and other cryptocurrencies on behalf of its customers. The bank ultimately…

Building on the success of the FUN auctions, Heritage Auctions is proud to present a diverse selection of over 24 American gold and silver coins, all from the Paramount Collection, which also contains the best selection of…

America's oldest bank, Bank of New York Mellon (BNY Mellon), said Thursday that it will now accept, hold and issue bitcoin for its customers.The Wall Street Journal reports that BNY Mellon will eventually allow digital assets to be moved…

The strategists of Bank of America Corp. have warned that the "extreme rally" on Wall Street that has pushed stocks to record highs, fueled by a strong stimulus in US policy, is forming an asset price bubble. "DC's political bubble is…