Big banks have drastically cut overdraft fees, but customers still paid $2.2 billion last year
The three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators…
Societe Generale posts sharp profit drop as net banking income slides
Societe Generale on Thursday reported a sharp decline in fourth-quarter net profit on the back of weaker net banking income,…
China’s VC playbook is undergoing a sea change as U.S. IPO exits get tougher
BEIJING — Venture capitalists in China that once rose to fame with giant U.S. IPOs of consumer companies are under…
Hainan Airlines is handing out Rokid AR glasses for in-flight entertainment
BEIJING — Hainan Airlines this week started letting passengers on some routes use Rokid’s augmented reality glasses for free for…
China’s central bank encourages local businesses to accept foreign payment cards
BEIJING — China is encouraging banks and local businesses to accept foreign bank cards and is considering other steps to…
