Nov 29, 2022 10:23:47 AM

Daily Highlights | 28th November

Knockout Stage Matches
Week 3 | Day 1
28th November 2022

Industrial Bank vs. Banco Bilbao Vizcaya Argentaria

Today’s Score 1:0

Total Score 1:0

The quarter finals have started with a bang!

The stage for which all the teams fought for with their full zeal and zest- has finally arrived. The eight teams who reached here are over the moon, and all eyes are on them as they are going to strive to reach the semis.

Industrial Bank is facing Banco Bilbao Vizcaya Argentaria in the round of eight. The latter lost the first round and set off with a bumpy start.

Team Industrial Bank, a Chinese commercial bank, engages in the provision of corporate and personal banking services, financial lease, assets custody services, and conducting treasury business.

The last quarter has been considerably good for this banking team. The analysts at yahoo finance predict only good results for both the stock’s EPS and revenue in the upcoming quarters. Everyone’s betting greatly on this team — in the market as well as in this tournament.

On the other hand, Banco Bilbao Vizcaya Argentaria (BBVA from here onwards) defeated Itaú Unibanco last week with a very valiant performance. It’s a team that cannot be disregarded at all!

This week is going to be a real thriller. Stay tuned!


Bank Central Asia vs. Barclays

Today’s Score 1:0

Total Score 1:0

Two powerful banking teams are up against each other in the quarter finals, but only one can move forward to the semi finals.

These two teams are Bank Central Asia and Barclays. Their resilient performance in the round of sixteen and thirty two have been especially good to watch for the fans. Even for us!

Day one started off with Bank Central Asia scoring the first point in this week. So, their opponent Barclays are off to a weak start. Let us introduce both the teams briefly for this stage.

Bank Central Asia, is an Indonesian bank founded on 21 February 1957. It is considered as the largest privately owned bank in Indonesia.

This team has been looking to scale up its wealth management services and improve customer engagement, and has selected Avaloq’s tech to streamline its back and front-office functions for investment services. This news came recently when BCA partnered up with Avaloq to migrate its wealth management system to Avaloq Core.

On the other hand, Barclays is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services.

The team’s performance in the market slightly declined recently. But the bulls are still in their favor. In recent news, the CEO of Barclays Bank, Venkat has been diagnosed with cancer. Maybe that's the reason why the atmosphere among the players has been a little gloomy.

Who’s going to dominate tomorrow’s round? Stay tuned to find out!


Theta Network vs. Compound

Today’s Score 0:1

Total Score 0:1

The crypto club is in an exciting jeopardy as well. Many crypto teams lost their way up during the tournament, and now only eight are left.

Among these eight, Theta Network is up against Compound in the quarter final week. The first round was scored by Compound, achieving dominance over their opponent in the very first round.

Compound is in high spirits after defeating Chainlink in the round of sixteen last week. This team is one of numerous interest-rate protocols that have emerged with the growth of decentralized finance (DeFi) applications on blockchains.

These days, there are tons of exchanges and platforms available to crypto users, but Compound has grown to become one of the leading decentralized finance (DeFi) protocols on the market. Users flock to the team for a wide range of reasons, in major part because the platform offers access to save, trade, and utilize crypto tokens in a range of DeFi applications.

Team compound has shown tremendous potential consistently performing and recovering the lost value in the recent bullish trend that it has been experiencing.

On the other hand, Theta Network has got a lot of bets on itself in this tournament as well. Recent updates and affiliation with the famous Metverse has been quite beneficial for the team.

So anything can happen. Who will win the next round on Tuesday? Stay tuned!