Germany Bans New Wirecard Short Sales in Unprecedented Move
Germany’s financial regulator took the unprecedented step of temporarily banning short sales of Wirecard AG shares following reports of suspicious...
Apple, Amazon, Alibaba Are Coming After Banks, Regulators Say
Giant technology companies are moving inexorably into the finance business and could quickly upend the banking industry, according to the...
JPMorgan to Use Digital Coin to Speed Up Corporate Payments
JPMorgan Chase & Co. is turning to crypto to modernize one of its most central businesses. The biggest U.S. bank...
Crypto Finally Poised to Get Institutional Money, Novogratz Says
Institutional money should start to flow into cryptocurrencies within the next year, setting the stage for a rally, according to...
Nordea Investor Complaints Show How Much Trouble Bank Is In
After years of severe cuts, Nordea Bank Abp is now losing revenue faster than it’s reducing costs. The bank’s biggest...
Stripe, a $23 Billion Startup, Reckons With Waning Globalization
In 2010, when Patrick Collison founded Stripe Inc. with his younger brother John, he thought the world was headed toward ever-increasing...
Crypto Is Over: Paris Fintech Summit Returns to Disrupting Banks
Crypto fever has truly broken. That was a big takeaway this week from the Paris Fintech Forum, one of the...
Wirecard Loses $8.3 Billion in Three Days on Fraud Allegations
Wirecard AG fell the most in more than a decade on Friday after a report that a law firm found...
JPMorgan Says Blockchain Is Making Progress Outside Crypto
It may take a few years for blockchain’s impact to be felt meaningfully, but it will provide some advancements in...
Barclays CEO Says a Crisis Is Likely, Potentially in Credit
Barclays Plc’s top executive said it’s “more than likely” there will be another financial crisis, but problems inside the banks...
