Losses at some HSBC businesses are causing the bank — Europe’s largest — to restructure, CNBC reported Monday (Oct. 28). HSBC posted an 18 percent...
Metro Bank Co-founder and Chairman Vernon Hill stepped down as chairman on Wednesday (Oct. 23) after the bank reported a net loss of £4.9 million...
PayPal lost $228 million in the third quarter partially due to Uber’s failure to make money, Bloomberg reported on Tuesday (Oct. 8). PayPal’s $500 million...
Analysts are starting to weigh in on the mounting damages SoftBank could incur after such mishaps as WeWork and Uber, Bloomberg reported on Monday (Oct....
Food delivery company Deliveroo saw huge revenue growth in 2018, but its losses also grew as it expanded and poured money into new areas and...
Shares of Uber and Lyft hit new lows Tuesday (Oct. 1) as both rideshare giants struggle after going public. CNBC reported that Uber closed down...
After starting out the week with a bang and announcing a big new partnership with Visa, Revolut today (Oct. 1) reported that in 2018, its...
Consumer bank Marcus, launched by Goldman Sachs in 2016, has lost $1.3 billion despite buying startups and building call centers in Utah and Texas, The...
GameStop said on an earnings call that it’s going to close somewhere between 180 and 200 stores in an effort to expand its profitability, which...