Investments

The offering would mirror a similar move by Charles Schwab to offer clients a new pricing plan for its robo service.

Attempts to roll back a safeguard on derivatives would give megabanks a $40 billion windfall, putting taxpayers on the hook.

Just four months after receiving an e-money license from Central Bank of Ireland, fintech startup Soldo has raised €54 million ($60.5 million U.S.) to help fund its relocation from the U.K. into Ireland ahead of the possible Brexit split.

Much as the fintech wave has sparked investments and deal-making among legacy bank technology vendors and payment processors, Experian, TransUnion and Equifax are entering partnerships and making investments.

The bank is considering eliminating as many as 20,000 jobs; BIS doesn’t want central banks to fall behind private cybercurrency efforts.

Some large banks, including Bank of America and JPMorgan Chase, will increase dividends and stock repurchases by double digits.

If Libra becomes a major financial force, the stability of global finance is on the line.

If Libra becomes a major financial force, the stability of global finance is on the line.

Whether it’s applying for a loan through a mobile app or building an investment portfolio via robo adviser, users want to know they can quickly and easily speak to a human being if they run into problems, top executives said at American Banker’s Digital Banking conference this week.

As Facebook's Libra takes shape, Federal Reserve Chairman Jerome Powell says he is "not too concerned" about the impact on central banks.