UK inflation dips to 6.7%, below expectations as food prices ease
U.K. inflation surprised with a dip to 6.7% in August, below expectations and sparking increased bets on a pause in…
Morgan Stanley kicks off generative AI era on Wall Street with assistant for financial advisors
Morgan Stanley has officially kicked off the generative AI era on Wall Street. The bank plans to announce Monday that…
JPMorgan Chase to offer online payroll services as it steps up fight with Square, PayPal
JPMorgan Chase is stepping up its appeal to small business customers by planning to offer digital payroll processing, CNBC has…
Bank stocks have come to life recently. But Jim Cramer explains why the rally may not last
KeyCorp (KEY) reiterated its financials Tuesday, sending its shares higher — a rally that’s been seen in the wider financial…
Citigroup CEO Jane Fraser reorganizes businesses, cuts jobs as bank is mired in stock slump
Citigroup CEO Jane Fraser announced a corporate reorganization Wednesday, saying the move would cut down management layers and accelerate decisions.…
Goldman Sachs is in the spotlight as tech firms Arm and Instacart test IPO market
The return of large tech IPOs this week after a prolonged drought isn’t just a test of investors’ appetite for…
Early Revolut backer Lakestar leads $40 million investment in French fintech startup Swan
European venture capital giant Lakestar, an early supporter of fintech unicorn Revolut, has emerged as a prominent backer of French…
Standard Chartered-owned crypto firm Zodia launches in Singapore
Zodia Custody, a company that helps large institutions store their crypto, launched in Singapore on Tuesday in a bid to…
Jamie Dimon says it’s a ‘huge mistake’ to think economy will boom with so many risks out there
JPMorgan Chase CEO Jamie Dimon said Monday that while the U.S. economy is doing well, it would be a “huge…
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…
