Deutsche Bank and UniCredit back $4.5 billion insurance startup Wefox with $55 million in fresh funds
Wefox CEO Julian Teicke.WefoxWefox, the $4.5 billion German insurance technology group, has raised $55 million of fresh funding from Deutsche ...
Tag: Banks
Bank of England governor says Israel-Hamas conflict poses risks to inflation fight
Bank of England Governor Andrew Bailey said Thursday that the ongoing Israel-Hamas war poses a potential risk to the bank's efforts to ...
Goldman Sachs says the Israel-Hamas war could have major implications for Europe’s economy
Armoured vehicles of the Israel Defense Forces (IDF) are seen during their ground operations at a location given as Gaza, ...
Amazon unveils buy now, pay later option from Affirm for small business owners
Alain Jocard | AFP | Getty ImagesAmazon is unveiling its first buy now, pay later checkout option for the millions ...
Morgan Stanley says Ted Pick will succeed James Gorman as CEO on Jan. 1
Morgan Stanley said Wednesday that Ted Pick will succeed James Gorman as CEO at the start of 2024.Pick, a Morgan ...
UK confirms plans to regulate crypto industry with formal legislation
Bitcoin, the world's largest cryptocurrency, has been stealthily rising in 2023.Chris Ratcliffe | Bloomberg | Getty ImagesThe U.K. government on ...
HSBC’s after-tax profit surges over 235% year-on-year, announces $3 billion share buyback
Aaron P | Bauer-Griffin | GC Images | Getty ImagesHSBC's profit after tax came in at $6.26 billion in the three ...
Supermarket bank branches are closing 7 times faster than other locations
Customers at a Safeway store in San Francisco.Getty ImagesAmerican banks have been shuttering branches located within supermarket chains at a ...
JPMorgan Chase stock slips after bank says CEO Jamie Dimon is selling 1 million shares
JPMorgan Chase CEO Jamie Dimon will begin to sell one million shares of the bank he runs next year, the ...
With China playing catchup with the U.S., these 3 charts show the top countries for fintech in 2023
Chinese and US flags fly outside a hotel during a 2012 U.S. presidential election results event organized by the US ...
