Finance

Banking

US Banks Push Back on High Severance Costs in Paris

Photo by Rodrigo Kugnharski on Unsplash

The Americans have warned that further inroads to France’s capital may not happen without some dismissal-pay flexibility.

2 min read

Photo by Hardik Pandya via Unsplash

Technology

Y Combinator Plans to Tap Alumni to Invest in New Funds

As it raises its next trio of funds, the famed startup accelerator is inviting past members to invest, according to an Axios report.

1 min read
Photo by Jan van der Wolf via Pexels

Consumer

Chase Bank Gets into the Ad Game

Chase Bank announced a new advertising unit that will use customer transaction data to target them with ads.

2 min read
Photo via U.S. Patent and Trademark Office

Patent Drop

JPMorgan Chase Continues AI Rampage with Volatility Prediction Patent

JPMorgan Chase wants to predict overly-aggressive investors with AI.

3 min read

Banking

Blackrock, Vanguard and State Street Face Probe Over Bank Stakes

Photo by Nikhilesh De / CoinDesk via CC BY 2.0

The FDIC is investigating Blackrock, Vanguard, and State Street over their large investment stakes in major US banks.

1 min read

Markets

BlackRock Is Still Getting Red-State Pushback on ESG Investments

Photo by Christopher Michel via CC BY 2.0

Investment firm BlackRock is still getting grief from conservative investing funds for its environmental, social, and governance strategies.

2 min read

Photo by Flickr via CC0 1.0

Finance

Deloitte Plans a Massive Restructuring

The world’s biggest accounting firm is looking to simplify as it nears the end of a massive growth spurt.

2 min read
(Photo Credit: Avery Evans/Unsplash)

Private Equity

Private Equity Wants Everyone’s Credit Card Debt

The industry is taking advantage of banks’ newfound interest in offloading some of the consumer debt on their books.

2 min read
Photo via U.S. Patent and Trademark Office

Patent Drop

JPMorgan Chase Patent Highlights Wall Street’s Growing AI Obsession

“The risk of not making the most of the technology is much higher.”

3 min read

Finance

Visa, Mastercard are Betting Big on Africa

Photo by Håkan Dahlström via CC BY 2.0

One study projects the continent’s digital payment ecosystem will grow 30% a year through 2025.

2 min read

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