Goldman Sachs is appointing David Kamo as its global head of financial sponsor mergers and acquisitions (M&A). Kamo’s new role will involve leading the bank’s efforts in working...
Revolut continues to navigate the complexities of obtaining a banking license in the United Kingdom. The digital banking services provider has encountered various challenges and delays...
Shares in Visa and Mastercard took a hit on Wednesday (Oct. 18) as news broke that the Federal Reserve is expected to propose a reduction in the fees banks can charge retailers for...
IBM’s artificial intelligence (AI) projects are reportedly set to contribute to its continuing turnaround. Bank of America has reiterated a Buy rating on IBM’s stock,...
Wells Fargo Chief Financial Officer Mike Santomassimo reportedly said that the bank could make further layoffs as it seeks to improve efficiency. Since the third quarter of 2020,...
Ant Group has launched a financial large language model (LLM) and two applications that it powers in the China market. The financial LLM is a specialized...
Hacking into a consumer bank account is the holy grail for hackers, and now, they have a new way to do it: via mobile phones....
Experts Say Realtime ACH Payments Will Become a Reality Within Two Years