Morgan Stanley kicks off generative AI era on Wall Street with assistant for financial advisors
Shannon Stapleton | ReutersMorgan Stanley has officially kicked off the generative AI era on Wall Street.The bank plans to announce ...
Tag: Banks
JPMorgan Chase to offer online payroll services as it steps up fight with Square, PayPal
Co-founders Eddie Kim, Josh Reeves, and Tomer London of fintech startup Gusto, which handles payroll services for small businesses.Courtesy: Kelly ...
Standard Chartered-owned crypto firm Zodia launches in Singapore
A view of the Standard Chartered bank in Singapore, May 3, 2023.Caroline Chia | ReutersZodia Custody, a company that helps ...
Goldman Sachs CEO David Solomon sees Wall Street rebound if tech IPOs perform
The upcoming spate of tech IPOs could help kickstart muted capital markets, Goldman Sachs CEO David Solomon told CNBC's David ...
A ‘historic’ result but still a ‘construction site’: Analysts react to blowout UBS earnings
Swiss authorities brokered the controversial emergency rescue of Credit Suisse by UBS for 3 billion Swiss francs ($3.37 billion) over ...
UBS posts $29 billion second-quarter profit in first results since Credit Suisse takeover
General view of the UBS building in Manhattan on June 5, 2023 in New York City.Eduardo Munoz Alvarez | View ...
Regional banks face another hit as regulators force them to raise debt levels
Martin Gruenberg, acting chairman of the Federal Deposit Insurance Corp. (FDIC), speaks during an Urban Institute panel discussion in Washington, ...
Banks won’t auction stressed loans covertly
Private and hush-hush deals that some banks cut with acquirers of stressed loans will soon come to an end. Under ...
Wells Fargo repays clients $40 million for excessive investment advice fees
Spencer Platt | Getty Images News | Getty ImagesWells Fargo paid back $40 million to almost 11,000 customers who for ...
HDFC Bank’s branch opening spree leaves Zerodha’s Nithin Kamath thinking. Here’s why
Though fintechs are disrupting the financial industry in India, one cannot deny the importance of physical banking, saysZerodha boss Nithin ...
