Citi to hire 100 people in push into digital assets
Citigroup Inc. is looking to hire 100 people as part of a new push into digital assets inside its institutional...
Thiel-backed bank N26 to close 500,000 accounts in U.S. exit
N26 GmbH will discontinue its U.S. operations in the latest setback to the expansion plans for the German digital bank,...
Buffett-backed StoneCo sheds $22B in value since peaking
Brazilian payments firm StoneCo Ltd. plunged the most on record after disappointing results in the third quarter cast further doubt...
Fintech BM makes first acquisition after going public through a SPAC
Financial-technology firm BM Technologies Inc. is turning the typical banking tie-up formula on its head with plans to acquire First...
Digital currencies likely to be legal tender, central banks say
Digital currencies planned by major central banks will probably become legal tender in their jurisdictions, according to officials studying such...
Vikram Pandit says all banks will think about crypto trading
All major financial institutions will soon be thinking about trading cryptocurrencies, according to Vikram Pandit, chairman of The Orogen Group...
Robinhood-inspired app wants to disrupt Latin America market
A Colombian startup is offering cheap, easy stock trades in a bid to “democratize” access to Latin American stock markets,...
Argentine fintech Ualá buys Mexican bank ABC Capital
Argentine financial services startup Ualá has reached an agreement to buy Mexican bank ABC Capital SA, as part of its...
Cross River Bank acquires Ohanian-Backed fintech Betterfin
Cross River Bank is deepening its small-business offerings with the purchase of Betterfin, a startup backed by Reddit Inc. co-founder...
Stablecoin risk spurs U.S. agencies to seek power to crack down
Federal agencies took their first step toward regulating stablecoins, raising concerns that the tokens could threaten the U.S. economy while...
