PayPal rival fintech Adyen faces investor confidence test
For years, Dutch payments fintech Adyen NV’s founders and management ran things their own way, thanks to some blowout growth. ...
Tag: Bloomberg
Citi used generative AI to read 1,089 pages of new capital rules
Citigroup Inc. is planning to grant the majority of its over 40,000 coders access to generative artificial intelligence as Wall ...
Scotiabank to cut 3% of staff as CEO Thomson plots new direction
Bank of Nova Scotia will dismiss 3% of its employees and take a writedown on its investment in a Chinese ...
Goldman strikes deal to sell GreenSky unit to Sixth Street Group
Goldman Sachs Group Inc. agreed to sell its GreenSky unit to a consortium led by Sixth Street Partners. The deal, ...
Ally Financial starts job cuts with less than 5% of staff affected
Ally Financial Inc. started cutting jobs on Monday, initiating a workforce reduction that will affect less than 5% of the ...
JPMorgan’s Dimon predicts 3.5-Day work week for next generation thanks to AI
Jamie Dimon said artificial intelligence is already being used by thousands of employees at his bank, and is likely to ...
Goldman nears deal to sell Greensky to Sixth Street Group
Goldman Sachs Group Inc. is in advanced talks to sell its GreenSky unit to a consortium that includes Sixth Street ...
UBS cuts about a dozen US bankers as part of its Credit Suisse integration
UBS Group AG this week eliminated about a dozen jobs in its US investment bank as part of its integration ...
MGM hack has Vegas hotels resorting to cash bars, paper vouchers
MGM Resorts International has been saying its hotels and casinos are “operational” following a cyberattack over the weekend that appeared ...
Oracle falls after reporting slower growth in cloud sales
Oracle Corp. reported cloud sales growth that slowed in the quarter, dimming enthusiasm about the software maker’s expansion efforts in ...
