Goldman Sachs says the Israel-Hamas war could have major implications for Europe’s economy
The Israel-Hamas war could have a significant impact on economic growth and inflation in the euro zone unless energy price…
Deutsche Bank and UniCredit back $4.5 billion insurance startup Wefox with $55 million in fresh funds
Wefox, the $4.5 billion German insurance technology group, has raised $55 million of fresh funding from Deutsche Bank and UniCredit,…
One paycheck not enough: Digital bank Current finds almost half its customers have multiple jobs
The need for second — and often third — incomes is mounting, according to a top digital bank executive. Current…
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…
Amazon unveils buy now, pay later option from Affirm for small business owners
Amazon is unveiling its first buy now, pay later checkout option for the millions of small business owners who use…
Credit Suisse intervention avoided ‘financial crisis,’ Swiss National Bank chairman says
Swiss National Bank Chairman Thomas Jordan on Wednesday said the central bank’s interventions during the fall of Credit Suisse were…
UK confirms plans to regulate crypto industry with formal legislation
The U.K. government on Monday confirmed plans to regulate the cryptocurrency industry, announcing in a consultation paper that it will…
HSBC’s after-tax profit surges over 135% year-on-year, announces $3 billion share buyback
HSBC’s profit after tax came in at $6.26 billion in the three months ended September, jumping 135% compared to the $2.66…
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…
Supermarket bank branches are closing 7 times faster than other locations
American banks have been shuttering branches located within supermarket chains at a rate seven times faster than other locations amid…
