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The moves are part of a plan CEO Rajinder Singh discussed in a conversation with American Banker.
May 17 -
Bitcoin slumped Friday bringing this month’s spirited surge to a halt and taking rival coins down with it.
May 17 -
Amazon led a Series G funding round worth £475 million (about US$575 million) with three other investors for London-based food delivery company Deliveroo.
May 17 -
The White House is considering Derek Kan, an undersecretary at the Department of Transportation, for one of two open seats on the Federal Reserve Board, according to two people familiar with the matter.
May 17 -
The two leagues expect to spend the rest of this year integrating the merger, which will become effective no later than Jan. 1.
May 17 -
The fintech M&A wave is sweeping over the dining and fast-food industries, with major companies like Amazon, Walmart and American Express spending on smaller firms that focus on digital food delivery and payments.
May 17 -
Lawmakers are taking a closer look at the company’s data collection practices and its work on cryptocurrency payments, raising the possibility of more action down the line.
May 17American Banker -
IAM Community Federal Credit Union in Enterprise, Ala., voted last year to rebrand as a way to attract more members under its community charter.
May 17 -
The U.S. and Europe should continue to harmonize their banking rules, including for foreign banking operations, just as they did in the wake of the financial crisis.
May 17European Banking Federation -
Credit unions are helping out in a number of ways, including making a donation to a charity that works with adolescents and providing scholarships to college-bound seniors.
May 17