Mastercard is acquiring Minna Technologies, which specializes in letting bank and card customers manage (and cancel) subscription services.
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TPG acquired a minority stake in one of America’s largest independent wealth managers, which could put the advisor’s valuation at $15 billion.
Citigroup and asset management giant Apollo Global announced an alliance to source $25 billion worth of deals in the next half-decade.
Mastercard’s interest in this tech could help legitimize crypto in the broader scheme of traditional finance.
Blackstone partnered with fellow buyout expert Vista Equity Partners to take workplace software company Smartsheet private for $8.4 billion.
Bank of America is counting on customers putting down their screens and driving over to an actual bank to speak with a human.
The German government launched an internal probe to figure out how it was blindsided by UniCredit staking a major position in Commerzbank.
The SEC voted unanimously to change market rules so that roughly 1,700 securities can be quoted in increments of $0.005.
Two US financial regulators told banks Tuesday to step up protections for consumers: for overdraft fees and tracking fintechs.
Investors are pivoting away from the Magnificent Seven, favoring the rest of the S&P 500.
A growing footprint in AI increases risk — especially when it comes to lending and risk analysis.
PricewaterhouseCoopers said it will lay off 1,800 staff members at its US unit next month. It will impact 2.5% of the unit’s employees.
The proposal to hike holdings for the biggest lenders to buttress market shocks was sliced more than in half.
The Texas Stock Exchange is hoping to become the center of a new financial mecca in the Lone Star state when it launches next year.
Defense stocks are taking up a growing slice of the ESG (environmental, social, governance) pie. Reports attribute that to the war in Ukraine.
Yesterday was Nvidia Day: The AI giant handily beat revenue and profit forecasts, and issued third-quarter guidance that beat expectations.