The British fintech has completed a secondary share sale with new and existing investors to provide liquidity to employees.
The bank and credit card issuer told regulators in a letter that competition will require it to keep its products fairly priced.
The Federal Reserve is still seeking to allay financial institutions' concerns that faster payments allowed by the new instant payments system could lead to faster fraud.
The corporate banking product will be piloted in the bank’s Hong Kong and Singapore markets before a further rollout “in due course.” ...
The Canadian lender and its subsidiaries were fined $46.5 million by the SEC and $82 million by the CFTC over unapproved platform use and recordkeeping violations. Truist self-reported and saw reduced ...
The list that now includes sixteen companies has only one U.S. firm, BlackRock, raising questions on whether Texas avoids punishing Wall Street giants for their fossil fuel stance.
Net-Zero Banking Alliance members were approved as underwriters for state bonds “under a yellow caution flag.” But the state's treasurer later said he wouldn’t recommend Bank of America’s application.
JPMorgan Chase is the industry leader when it comes to usurious overdraft fees,” Sens. Elizabeth Warren, D-MA, and Chris Van Hollen, D-MD, wrote in a letter sent Friday.
The fine was not nearly the $2 billion the SEC sought. The judge in the case, though, issued an injunction requiring Ripple to register if it intends to sell securities in the future.
A Goldman spokesperson confirmed the departure of its asset management arm from CA100+ to ESG Dive over email. The spokesperson said the firm has made investments in its “ability to meet the ...
The Swedish buy now, pay later company will let consumers use savings accounts to make payments, receive refunds and earn cash rewards from some retailers.
In an enforcement action, the Federal Reserve ordered the bank to enhance its oversight of anti-money laundering and OFAC regulations, citing “significant deficiencies.” ...
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