Klarna rival Zilch posts first profit and appoints ex-Aviva CEO to board ahead of IPO
British financial technology firm Zilch on Tuesday reported its first-ever month of profit, marking a key milestone for the company…
Dollar General, Dollar Tree and Kroger customers pay over $90 million a year in cash-back fees, federal agency finds
Three of the nation’s largest retailers — Dollar General, Dollar Tree and Kroger — charge fees to customers who ask…
Cryptocurrency ‘pig butchering’ scam wrecks Kansas bank, sends ex-CEO to prison for 24 years
The former CEO of a small Kansas bank was sentenced to more than 24 years in prison for looting the…
UBS CEO says it’s too early to talk about a U.S. recession, but a slowdown is possible
ZURICH, Switzerland ꟷ UBS CEO Sergio Ermotti said Wednesday that market volatility could intensify in the second half of the…
JPMorgan Chase is giving its employees an AI assistant powered by ChatGPT maker OpenAI
JPMorgan Chase has rolled out a generative artificial intelligence assistant to tens of thousands of its employees in recent weeks,…
Italy looks like fertile ground for a mega merger deal in banking
MILAN, Italy — European policymakers have longed for bigger banks across the continent. And Italy might be about to give…
Banks face tough new security standards in the EU — their tech suppliers are under scrutiny, too
Financial services companies and their digital technology suppliers are under intense pressure to achieve compliance with strict new rules from…
Jamie Dimon says he still sees a recession on the horizon
JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a “soft landing” for the U.S.…
JPMorgan Chase is opening more small-town branches in middle America
Three years ago, JPMorgan Chase became the first bank with a branch in all 48 contiguous states. Now, the firm…
Morgan Stanley tells wealth advisors they can pitch bitcoin ETFs in a first for a big bank
Morgan Stanley on Friday told its army of financial advisors that it will soon allow them to offer bitcoin ETFs…
