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Sam Bankman-Fried offered one of his most detailed descriptions yet of the FTX debacle as he prepares to fight fraud charges, blaming crashing markets and an attack from a rival for the eventual bankruptcy of his exchange.
January 12 -
Amex signed a deal to buy Nipendo, a Tel Aviv-based startup whose technology reduces business check usage by laying the groundwork to digitize payments between buyers and suppliers.
January 12 -
JPMorgan Chase is claiming the founder of Frank, a college financial-planning site the bank acquired in 2021, defrauded it by vastly inflating the number of customers the company had.
January 12 -
The shift opens the door for regional banks to increase their aggregation activities, analysts said.
January 12 -
After weaker-than-expected earnings in the third quarter of 2022, several large banks halted share repurchases in a bid to build capital.
January 11 -
The Pittsburgh bank said the commitment supports its community benefits plan and will help meet client demand for climate-friendly investments.
January 11 -
Kevin Cole was appointed president of the $672 million-asset organization in 2021, and took on the role of chief executive after longtime leader Bill Anderson retired last year.
January 11 -
Matthew Quale was formerly the president of Bask Bank, a standalone digital brand under Texas Capital Bancshares.
January 11 -
The Digital Currency Group founder, an entrepreneur who built a career in opaque markets, is now contending with a crisis of confidence among investors suddenly panicking about risks they may not see.
January 11 -
In a recent survey, financial institutions named artificial intelligence their top priority for investments against increasingly sophisticated fraud.
January 11








