Payments firm Klarna files for IPO, showing 24% revenue jump
Klarna Group Plc filed publicly for a US IPO in what could be one of the year’s biggest financial company ...
Tag: Bloomberg
American Express to acquire expense-management company center
American Express Co. agreed to buy the expense-management software company Center to augment the services it offers small businesses. Center ...
CFPB Drops Biden Lawsuits Against Capital One, Rocket Unit
The Consumer Financial Protection Bureau dropped a slew of Biden-era lawsuits against lenders as the nominee to lead the agency ...
Capital One, Discover shareholders approve $35B merger
Capital One Financial Corp. and Discover Financial Services shareholders voted in favor of the planned $35 billion merger of the ...
Trump fires Biden’s Consumer Protection watchdog Rohit Chopra
Rohit Chopra, the director of the Consumer Financial Protection Bureau under President Joe Biden, was fired by the Trump administration, ...
Trump Media launches fintech brand Truth.Fi for crypto, ETFs
Trump Media and Technology Group Corp. launched a financial-services and fintech brand dubbed Truth.Fi, with a focus on crypto and ...
TD money laundering head Mazariegos exits, Sanjuas promoted
Toronto-Dominion Bank is promoting one of its top US anti-money-laundering executives, Jacqueline Sanjuas, to a role that will see her ...
Amex to pay $230M over misleading sales practices
American Express Co. will pay about $230 million to resolve a long-running investigation into some of the firm’s prior sales ...
Wall Street job losses may top 200,000 as AI replaces roles
Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches ...
Barr’s exit as Fed’s top bank cop puts capital rules in doubt
Federal Reserve Vice Chair for Supervision Michael Barr plans to step down from the role, bypassing a potential battle with ...
