Citi promotes Jane Fraser, sets stage for first female bank CEO
Jane Fraser ascended to the No. 2 job at Citigroup, putting her in position to succeed chief executive officer Michael ...
Tag: Bloomberg
Ping An’s $22b push to shed old-school insurance skin
Ping An Insurance wants to be valued more like a technology company. Its executives have yet to convince investors their ...
Visa, Mastercard say they just made mobile shopping a lot easier
Smartphones have made taking a photo and checking fantasy football scores a breeze, but inputting credit card details on that ...
Paytm nears $2 billion from backers including SoftBank, Ant
Indian fintech giant Paytm is close to scoring $2 billion of new financing from investors including Jack Ma’s Ant Financial ...
Robinhood gives banking another shot a year after botched launch
Robinhood is giving banking another shot, 10 months after its first attempt at a checking and savings product flamed out ...
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 ...
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 ...
