Visa said on Tuesday it was rolling out a flexible payments feature in the U.S. and the United Arab Emirates, as it looks to capitalize on the growing demand for a variety
Morgan Stanley's private equity arm is selling its heating, ventilation and air conditioning (HVAC) business, Sila Services, about three years after it invested in the
Profits at the biggest U.S. consumer lenders are likely to rise in the third quarter, in contrast with investment banks still
Birkenstock's stock ended more than 12% below its initial public offering (IPO) price on Wednesday in an underwhelming Wall Street debut
By Saeed Azhar and Niket Nishant NEW YORK - Goldman Sachs has agreed to sell GreenSky, its home improvement lender, and associated loans to a consortium led by investment firm Sixth Street Partners,
Morgan Stanley's third-quarter profit showed a hit from lethargic dealmaking, while shares sank 7.4% as some analysts pointed to a fall in
Top U.S. banks could cut jobs further to keep their expenses in check, especially if lingering economic weakness derails a fledgling recovery in investment
U.S. mid-sized banks will likely need to shell out more to retain deposits in the next few months, a move that could crimp margins and add pressure to an
JPMorgan Chase Chief Executive Officer Jamie Dimon will sell some of his shares in the largest U.S. bank next year for the first time in
Onetime crypto poster child Sam Bankman-Fried was on Thursday found guilty of defrauding customers of his now-bankrupt crypto exchange FTX, in a
(This Dec. 6 story has been corrected after Citigroup clarified that the $1 billion figure does not relate only to the reorganization recently announced in paragraphs 1, 2, 3 and 6) By Tatiana Bautzer
JPMorgan Chase reported its best-ever annual profit and forecast higher-than-expected interest income for 2024, even as its quarterly profit fell.
Wells Fargo, Bank of America and Citigroup reduced their workforces by a combined 17,700 last year, the banking giants reported in their fourth-quarter
American Express forecast a better-than-expected profit for 2024 on hopes that its affluent customers will be resilient with their spending amid elevated
Bank of America's Merrill Lynch has been offering spot bitcoin exchange-traded funds to eligible wealth management clients, a source familiar with the
Short sellers targeting a key regional U.S. bank exchange-traded fund have made $977 million on paper so far in 2024, data from analytics firm Ortex showed
New York Community Bancorp's shares rose on Thursday after a $1 billion infusion from a consortium of prominent investors led by former U.S.
New York Community Bancorp's turnaround will likely take a long time as analysts expect profits to remain under pressure from the lender's efforts to boost
Reddit and its bankers are guiding that they could price the social media platform's initial public offering (IPO) at the top of the indicated range or
U.S. banking giants continued to shed employees in the first quarter, with Citigroup seeing the biggest drop.
BGC Group's first-quarter profit nearly doubled, it said on Tuesday, as investors looking to navigate the uncertainty around monetary policy pushed
American Express's first-quarter profit vaulted past estimates on Friday thanks to its affluent customers, and the company is looking to broaden its
First Citizens BancShares' first-quarter profit beat expectations as the lender earned higher interest income and started seeing benefits of its
New York Community Bancorp forecast far better-than-expected profit for the next two years and said on Wednesday it was close to selling $5 billion of
Mexico arrests local security chief for murder of Chilpancingo mayor
Sweden's Klarna confidentially files for US IPO
Somaliland votes with leaders seeing international recognition in reach
U.S. aircraft carrier joins military drills with South Korea and Japan
Dollar holds firm ahead of US inflation, bitcoin targets fresh highs
Argentina's monthly inflation drops to 2.7%, the lowest level in 3 years
Oregon tops Week 2 College Football Playoff rankings and Georgia drops out of the bracket
Caitlin Clark steps off the court and onto the fairway to play in an LPGA pro-am
Klay Thompson returns to cheers from some 400 Warriors employees