How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts
Natasha Craft, a 25-year-old FedEx driver from Mishawaka, Indiana. She has been locked out of her Yotta banking account since ...
Tag: Banks
Revolut CEO confident on UK bank license approval as fintech firm hits record $545 million profit
Nikolay Storonsky, founder and CEO of Revolut.Harry Murphy | Sportsfile for Web Summit via Getty ImagesLONDON — The boss of ...
JPMorgan and Morgan Stanley boost buybacks and dividends, while Citigroup and BofA take smaller steps
(L-R) Brian Moynihan, Chairman and CEO of Bank of America; Jamie Dimon, Chairman and CEO of JPMorgan Chase; and Jane ...
JPMorgan Chase says its stress test losses should be higher than what the Fed disclosed
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs ...
Federal Reserve says all 31 banks in annual stress test withstood a severe hypothetical downturn
Federal Reserve Board Vice Chair for Supervision Michael Barr testifies before a House Financial Services Committee hearing on the response ...
Morgan Stanley wealth advisors are about to get an OpenAI-powered assistant to do their grunt work
Signage is displayed outside Morgan Stanley & Co. headquarters in the Times Square neighborhood of New York.Michael Nagle | Bloomberg ...
Sen. Warren warns Powell against weakening banking regulations: ‘Do your job’
Sen. Elizabeth Warren, D-Mass., is accusing Federal Reserve Chair Jerome Powell of doing the financial industry's bidding by considering changes ...
Regulators hit Citigroup, JPMorgan Chase, Goldman Sachs and Bank of America over living will plans
Jane Fraser, CEO of Citigroup, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of ...
Nearly $109 million in deposits held for fintech Yotta’s customers vanished in Synapse collapse, bank says
Tsingha25 | Istock | Getty ImagesLedgers of the failed fintech middleman Synapse show that nearly all the deposits held for ...
Klarna rival Zilch raises $125 million with aim to triple sales and accelerate path to IPO
Zilch CEO Phil Belamant.ZilchLONDON — British fintech firm Zilch said Wednesday it's raised $125 million in debt financing from German ...
