Robinhood adds ex-SEC official to board after regulatory issues
Robinhood is getting a new board member: Dan Gallagher, a former commissioner for the U.S. Securities and Exchange Commission. The...
Vanguard to challenge banks’ grip on $6 trillion currency market
Having revolutionized the business of buying stocks, Vanguard Group is now coming for currencies. The investing pioneer obsessed with lowering...
Wells Fargo names BNY Mellon’s Scharf as CEO to lead turnaround
Wells Fargo named Charles Scharf chief executive officer, marking a new era in the bank’s efforts to turn itself around...
Goldman Sachs shows bright future for banks, if not for bankers
(Bloomberg Opinion) -- The continuing debate about the future of banking since the 2008 financial crisis has intensified recently on...
Stripe becomes third most valuable startup in the US
Payments platform Stripe became one of the most highly valued startups in the world on Thursday, after it announced a...
Jack Dorsey’s Square is testing a new free stock trading service
Jack Dorsey’s Square already lets customers buy and sell Bitcoin on its popular Cash App. Soon, it may let them buy and...
European fintechs escape troubles afflicting established banks
When Swedish banking firm Klarna became Europe’s most valuable financial technology startup last week, it was only the latest sign that...
Mastercard buys Nets unit for $3.19b in largest deal
Mastercard Inc. agreed to buy a payments platform owned by Denmark-based Nets for 2.85 billion euros ($3.19 billion), using its...
Former Amazon worker is accused in cloud hack of Capital One
Capital One Financial said data from about 100 million people in the U.S. was illegally accessed after prosecutors accused a...
Goldman Sachs explores creating a digital coin like JPMorgan’s
David Solomon may take a leaf out of Jamie Dimon’s book by exploring a digital coin for payments. Goldman Sachs...
