Fintech firm Mercury hits $5.2 billion valuation after funding round, up 49% in 14 months
Immad Akhund, CEO and co-founder of the startup Mercury.Courtesy: Mercury TechnologiesMercury, a fintech firm that provides banking services to startups, ...
Tag: Banks
Standard Chartered to cut over 15% of corporate functions roles as it targets higher returns
Standard Chartered on Tuesday announced it would cut more than 15% of its corporate functions roles by 2030, while setting higher medium-term profitability ...
JPMorgan Chase-led bank group reins in credit line to troubled KKR private credit fund as losses mount
The JPMorgan Chase & Co. building before the ribbon cutting ceremony, at the firm's new headquarters at 270 Park Avenue, ...
Asian Development Bank’s $70 billion energy and digital infra push puts Southeast Asia center stage
A solar power plant in Vietnam's Tay Ninh Province. Singapore's central bank is backing bio-energy and solar projects in Southeast ...
Anthropic’s Mythos set off a cybersecurity ‘hysteria.’ Experts say the threat was already here
Dario Amodei, co-founder and chief executive officer of Anthropic, at the AI Impact Summit in New Delhi, India, on Thursday, ...
Apollo CEO Rowan warns of market correction, slams ‘egregious’ practices at rival insurers
Marc Rowan, chief executive officer of Apollo Global Management LLC, speaks during an interview on an episode of Bloomberg Wealth ...
Anthropic CEO warns of cyber ‘moment of danger’ as AI exposes thousands of vulnerabilities
Dario Amodei, CEO and co-founder of Anthropic, left, and Jamie Dimon, CEO of JPMorgan Chase.Denis Balibouse | Reuters | Samuel ...
HSBC shares drop as first-quarter pre-tax profit misses estimates on higher expected credit losses
Europe's largest lender, HSBC, reported first-quarter pre-tax profit of $9.4 billion on Tuesday, missing analysts' estimates on the back of ...
Metals, PSU banks drag markets down amid currency weakness and global uncertainty
Mumbai: Indian stocks slumped and the rupee plunged to a life-time low Thursday through a truncated workweek as surging oil ...
SoFi CEO defends decision to hold guidance steady
Shares of SoFi plunged more than 15% Wednesday after the company declined to raise its full-year outlook — a move ...
