Banks
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Finance
Banks are reporting a tenfold surge in digital scams, cybersecurity firm BioCatch says
Leylaynr | E+ | Getty Images U.S. and Canadian banks reported a tenfold surge in digital scams this year as…
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Finance
UniCredit and Commerzbank square off with target hikes amid takeover battle
The logo of German bank Commerzbank seen on a branch office near the Commerzbank Tower in Frankfurt. Daniel Roland |…
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Economy
Top Wall Street execs are getting skeptical on the Fed’s easing path
A trader works as a screen displays the Fed rate announcement, on the floor of the New York Stock Exchange…
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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
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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