Banking

Banking

JPMorgan Adds Buy-Now-Pay-Later Service Klarna to Payments Platform

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The news comes as Klarna is gearing up for a US IPO, and as regulation of the BNPL sector hangs in the balance post-Trump.

2 min read

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Banking

Dimon Talks Rough: Wall Street’s Most Influential CEO Says “Get Over” Tariffs

The leader of America’s largest bank also cautioned bullish optimists that US stock markets are overvalued.

2 min read
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Banking

Goldman Sachs Taps a New Generation of Leadership Ahead of Deals Boom

The toast of Wall Street has elevated a new generation of executives to run its investment banking and trading operations.

2 min read
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Banking

Santander Considers Leaving UK as It Ramps Up to Full-Service Digital Bank in US

Not long after pledging to operate a digital bank in America, Spain’s most valuable lender is reevaluating its business in the UK.

2 min read

Banking

Goldman Realigns Banking and Markets Divisions to Form Mega-Deals Team

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The Wall Street firm said parts of its investment banking and markets divisions will be combined to form a team focused on mega-deals.

2 min read

Banking

2024: The Year a Rising Star of US Banking Had Its Wings Clipped

Photo by Matthew G. Bisanz via CC BY-SA 3.0

TD Bank was fined more than $3 billion by regulators in October in what’s arguably the biggest banking scandal of the year.

2 min read

Markets

BlackRock Strikes Deal With Banks to Provide Closely Held Bond Price Data

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Real-time prices for corporate bonds are hard to come by. A handful of banks want to bring the closely guarded data into the 21st century.

1 min read

Photo by Chenyu Guan via Unsplash

Banking

Wall Street’s Trading Assets Cross $1 Trillion

It’s got to be at least a yellow flag whenever 2008 — the height of the Great Recession — is your point of reference, no?

2 min read
Photo by Joshua Lawrence via Unsplash

Banking

HSBC Announces Dramatic Makeover That Splits Lender East and West

HSBC announced a restructuring that will cut costs and, if all goes as planned, ease increasingly tense geopolitical relations.

2 min read
Photos by Ikechukwu Julius Ugwu and Nick Sarvari via Unsplash, Daveynin via CC BY 2.0, and Michael Vi via iStock

Advisor Upside

Big Brokers Beat Estimates in Strong Start to Earnings Season

JPMorgan Chase and Wells Fargo, among other banks and asset managers, beat analysts’ expectations in the third quarter.

1 min read