Hackers spied on 100 US bank regulators’ emails for over a year
Hackers intercepted about 100 bank regulators’ emails for more than a year, gaining access to messages containing agency deliberations and...
Capital One-Discover deal waved ahead by antitrust officials
The proposed $35 billion merger between Capital One Financial Corp. and Discover Financial Services cleared a major regulatory hurdle as...
Fintech Plaid raises $575M in funding round, eyes IPO
Plaid Inc., the financial-technology company poised for an initial public offering, raised $575 million in a funding round from longtime...
Trump tariffs wipe out nearly $2T from US stock market
Roughly $1.7 trillion was erased from the S&P 500 Index at the start of trading on Thursday amid worries that...
Wall Street’s stab at refinancing Finastra’s private debt fails
An attempt to get better terms for Finastra Group Holdings Ltd.’s more than $5 billion debt load — made up...
FDIC streamlines path for banks to take on some crypto business
Banks supervised by the US Federal Deposit Insurance Corp. no longer need prior approval to engage in crypto-related activities, undoing...
Hundreds of Lloyds bankers head back to school to learn AI
Lloyds Banking Group Plc has teamed up with the University of Cambridge to train 300 senior staff in artificial intelligence...
Microsoft abandons data center projects, TD Cowen says
Microsoft Corp. has walked away from new data center projects in the US and Europe that would have amounted to...
JPMorgan, Affirm to offer merchants buy-now, pay-later products
JPMorgan Chase & Co. is broadening its relationships with buy-now, pay-later providers, announcing an agreement with Affirm Holdings Inc. to...
Jack Ma-backed Ant touts AI breakthrough using Chinese chips
Jack Ma-backed Ant Group Co. used Chinese-made semiconductors to develop techniques for training AI models that would cut costs by...
