Kamala Harris pursued banks without earning industry-bashing reputation
Democrats on Wall Street welcomed Joe Biden’s choice of running mate Kamala Harris as a sign that party progressives who favor more ...
Tag: Bloomberg
AmEx in advanced talks to buy SoftBank-backed Kabbage
American Express Co.’s small-business aspirations just took another step forward. The credit-card giant is in advanced talks to buy Kabbage ...
Acrisure buys Tulco’s AI insurance business in $400 million deal
Acrisure LLC, an insurance brokerage, agreed to purchase an artificial-intelligence business from Tulco LLC in a transaction valued at $400 ...
Credit Suisse invested $100 million in Ant, expects windfall
Credit Suisse Group AG invested nearly $100 million in Ant Group during its last funding round, according to people familiar ...
Wirecard surges after investors eye core business, U.S. unit
Wirecard AG rose the most since June after it revealed that more than 130 investors are eyeing the company’s assets. ...
Wirecard flourished in regulatory blind spot that’s growing
Wirecard AG’s collapse displayed a growing blind spot for the guardians of the world’s financial system: how do you regulate ...
Ex-banker launches wealth tech firm for super-rich families
Bobby Console-Verma isn’t letting the pandemic slow down his business plans. The former investment banker and fund manager has set ...
Former Wirecard CEO arrested, scandal prompts calls for reform
Wirecard AG’s former chief executive officer was detained by Munich prosecutors as the scandal over 1.9 billion euros ($2.1 billion) ...
Mastercard takes step away from cards with $825 million deal
Mastercard Inc. made another push away from traditional card payments with an $825 million deal to acquire technology firm Finicity. ...
Wirecard fights for survival as billions may not exist
Wirecard AG was left fighting for survival after acknowledging that 1.9 billion euros ($2.1 billion) that it had reported as ...
