Banks
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Finance
Jack Dorsey’s payments company Block expands corporate card service to the UK
Marco Bello | AFP | Getty Images LONDON — Block, the payments company owned by tech billionaire Jack Dorsey has launched…
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Finance
JPMorgan begins suing customers who allegedly stole thousands of dollars in ‘infinite money glitch’
JPMorgan Chase has begun suing customers who allegedly stole thousands of dollars from ATMs by taking advantage of a technical…
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Finance
Wise’s billionaire CEO fined £350,000 by UK regulators over failure to report tax issue
Kristo Kaarmann, CEO and co-founder of Wise. Eoin Noonan | Sportsfile | Getty Images LONDON — Kristo Käärmann, the billionaire…
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Finance
AI on the trading floor: Morgan Stanley expands OpenAI-powered chatbot tools to Wall Street division
Morgan Stanley is expanding the use of OpenAI-powered, generative artificial intelligence tools to its vaunted investment banking and trading division,…
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Finance
Apple and Goldman Sachs ordered to pay more than $89 million for Apple Card failures
Apple CEO Tim Cook introduces the Apple Card during a launch event at the Apple headquarters in Cupertino, California, on…
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Finance
HSBC embarks on major restructuring, names first female CFO
Aaron P | Bauer-Griffin | GC Images | Getty Images HSBC on Tuesday unveiled a new geographic setup and consolidated its…
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Finance
After rejecting Google takeover, cyber firm Wiz says it will IPO ‘when the stars align’
LONDON — Cybersecurity firm Wiz is seeking to hit $1 billion of annual recurring revenues next year, the company’s billionaire…
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Finance
Morgan Stanley shares pop 7% after beating estimates for third quarter profit and revenue
Morgan Stanley on Wednesday topped analysts’ estimates for third-quarter profit as each of its three main divisions generated more revenue…
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Finance
Bank of America tops estimates on better-than-expected trading revenue
Bank of America topped analyst estimates for third-quarter profit and revenue on better-than-expected trading results. Here’s what the company reported:…
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Finance
Citigroup earnings are due Tuesday. Here’s what Wall Street expects
The Citibank building in Canada Square at the heart of Canary Wharf financial district in London on May 7, 2024.…
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