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The logistics company said it intends to use the funds to invest in supply chain technology and serve merchants on its platform, which connects scooter-riding drivers in about 400 cities with about 1.2 million online merchants and delivers everything from packages to groceries.
August 9 -
While Workers United will no longer own more than half of Amalgamated's stock, it will remain the bank's biggest investor.
August 9 -
Six months after the Federal Reserve put Wells Fargo on a strict diet — no more growth until it cleans up its act — shareholders are finding it’s not so bad.
August 6 -
The $2.1 billion settlement is likely to be the last of the big toxic mortgage cases from the financial crisis; the move pressures rivals to lower prices.
August 2 -
Freddie Mac produced modest second-quarter results, reflecting a stabilizing business that CEO Donald Layton compared to a utility company.
July 31 -
As a House staffer, Dino Falaschetti tried to repeal Treasury’s Office of Financial Research. He should not be put in charge of it.
July 27
Center for American Progress -
The retailer is ending its nearly two-decade credit card relationship with Synchrony Financial; Mulvaney says the bureau will first negotiate, not sue, to settle disputes.
July 27 -
On Mar. 31, 2018. Dollars in thousands.
July 23 -
The company has created a municipal group that will focus on nonpublic financing services at a time when loans to bond issuers are declining.
July 20 -
Rural Alaskans, including Native Americans living in the mountains, may not have access to traditional banks. But they aren't exactly living off the grid.
July 19 -
People's United in Connecticut pored over all the customer data it could find to persuade customers to give the midsize bank — instead of advisory firms and investment houses — a shot at managing their money.
July 13 -
Bradley Leimer, Moderator, Managing Director and Head of Fintech Strategy Explorer Advisory & Capital, Dann Bibas, CEO, Fountain, Deborah Owens, CEO, WealthyU, Saad Zariff, Vice President of North America, Wahed Invest LLC.
July 12 -
Bryan Mullin, CFA, Head, Alternative Investments, RBC Wealth Management, James Waldinger, CEO, Artivest
July 12 -
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Financial institutions are beginning to get on board with the global fight against climate change, but they are still trailing pension funds and insurance companies in putting these concerns into action.
July 11 -
Digital advice is still in its early days, says SigFig CEO Mike Sha.
July 11 -
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Apps aimed at the very wealthy have lagged behind those for other groups, but there's interest in developing them, especially ones that track total net worth.
July 10 -
New financial products may be exciting for wealth managers — but one group of people isn't benefitting, warns Neesha Hathi, the chief digital officer for Charles Schwab.
July 10 -
A former chief financial officer at Hanover Bancorp is trying to separate the roles of chairman and CEO as part of a sweeping demand for change.
July 10

















