Finance

Banking

Capital One Plans Purchase of Discover to Build Credit Card Colossus

Photo by Can Pac Swire via CC BY-SA 2.0

The mega bank intends to buy the fourth-leading credit card network in the US.

1 min read

Photo by Ben Sutherland via CC BY 2.0

Banking

JPMorgan Sued by CEO of Greek Fintech Firm it Co-owns

The unit’s chief says the big bank is keeping his company from expanding into key markets.

1 min read
Photo by Mariana Proença via Unsplash

Finance

ESG Hiring Isn’t What It Used to Be

Facing the need to cut costs and amid swirling political backlash, many companies are shrinking roles dedicated to governance issues.

1 min read
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Markets

Selling Cost-Consciousness is at the Forefront of Earnings Season

Companies are consistently tossing out the phrase “operational efficiency” to show investors they’re protecting profit margins.

2 min read

Banking

US Lenders Have $1 Trillion Tied Up in Shadow Banks

Photo by Ernie Journeys via Unsplash

The total reflects big banks’ increasing use of alternative financial institutions that are using the funds for riskier bets.

2 min read

Finance

US Treasury Preps for Massive Bond Auction

Photo by Meanie Hyaena via CC BY 4.0

With a sale that includes a massive $70 billion offering of 5-year notes, the government hopes to close the widening deficit.

2 min read

Photo by Hardik Pandya via Unsplash

Private Equity

VCs Are Sitting Tight On Top of a Big Cash Pile

Potential investors have pivoted toward less-risky bets that will hopefully deliver results even sooner.

1 min read
Photo by Onur Binay via Unsplash

M&A

Amazon Backs Out of iRobot Acquisition

The ecommerce titan is pulling out of the $1.4 billion deal, citing difficult antitrust hurdles.

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

Patent Drop

Visa May Use Doppelgangers to Fight Payments Fraud

The tech could help the financial institution find cyber criminals and figure out your spending habits early.

3 min read

OP-ED | Power Corridor

The King’s Conundrum

Photo by Katie Chan via CC BY-SA 4.0

If tax havens refuse to change, then what can stop them?

3 min read

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