Industry News
Industry News
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Exclusive Arizent research found that more than 95% of employees think they have something to learn from people who are different from them. But only 66% think that diverse companies make better decisions. We explore the disconnect.
October 26 -
The green light from the central bank is the latest in a series of approvals of billion-dollar bank mergers. However, the Columbia-Umpqua deal is still waiting on a thumbs-up from the Federal Deposit Insurance Corp.
October 25 -
Visa and its rivals have seen spending increases cool with inflation soaring to once-in-a-generation levels.
October 25 -
The Young Women's Leadership Award winner and aspiring architect organizes others to advocate for the environment and human rights.
October 25 -
JPMorgan Chase agreed to resolve a suit by a former vice president in its anti-corruption unit claiming she was marginalized, mistreated and then fired from the bank for complaining about compliance failures.
October 25 -
Student loans haven't delivered their promise of a middle-class life for millions of Americans, and the U.S. system of financing higher education via individual borrowing is making inequalities in the country worse, according to a new study.
October 25 -
Apple updated its App Store guidelines Monday with new and clearer language explaining its policy toward cryptocurrency trading and nonfungible tokens.
October 25 -
Amazon.com is allowing certain customers to use their Venmo wallets when checking out as the retailing giant tweaks its payment options for customers ahead of the holiday shopping season.
October 25 -
The all-stock acquisition of Limestone Bancorp in Louisville would give the buyer an additional $1.5 billion of assets and 20 branches in the Bluegrass State.
October 25 -
HSBC Holdings named Georges Elhedery as its new chief financial officer, setting up the bank's former markets boss as a potential front-runner to eventually replace CEO Noel Quinn.
October 25 -
Collins Community Credit Union in Cedar Rapids, Iowa, said Monday that it laid off 38 employees, primarily in its mortgage lending division. In September, GreenState Credit Union in North Liberty, Iowa, cut 42 employees, or about 5% of its workforce.
October 25 -
Fidelity Investments is hiring an additional 100 people for its digital assets unit, stepping up an expansion that started in May and taking advantage of turmoil among crypto firms to lure talent.
October 24 -
JPMorgan Chase is set to add another 20 people to its Saudi Arabia operation by the end of the year as it looks to capitalize on one of the world's few bright spots for equity capital markets, despite simmering political tensions between U.S. President Biden and Saudi Crown Prince Mohammed Bin Salman.
October 24 -
Credit Suisse Group agreed to pay €238 million ($234 million) to settle a French criminal probe into allegations the bank helped clients stash undeclared funds.
October 24 -
The addition of investment bank Capstone Partners and the wider geographic footprint that resulted from the acquisition of TCF Financial helped drive a 58% increase in net income during the third quarter.
October 21 -
U.S. Bank's new M&A closing date, and new rewards card, and more in banking news this week.
October 21 -
A federal judge dismissed a lawsuit by six Republican-led states challenging President Biden's student-loan forgiveness plan, finding the states failed to show they'd be directly harmed.
October 21 -
Deutsche Bank has given its clearest indication yet of how it plans to deliver on the commitment it made last year to reach net-zero financed emissions by 2050.
October 21 -
The U.K.'s Financial Conduct Authority plans to fine Barclays Plc £50 million ($55.8 million) for failing to disclose arrangements with Qatar during the bank's capital-raising in the middle of the 2008 financial crisis.
October 21 -
Grupo Financiero Banorte is out of the running for the purchase of Citigroup's Banamex Mexican unit.
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