HSBC took a $400 million expected credit loss (ECL) in the first quarter due to what it called “fraud-related, secondary, securitization exposure with a financial sponsor in the UK” in the bank’s Corporate and Institutional Banking (CIB) business, according to a Tuesday (May 5) earnings...
PayPal’s first-quarter earnings announcement, conference call commentary and guidance Tuesday (May 5) described a company in the midst of an overhaul. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Grab Holdings is betting that 14 years of hyper-localized data can outrun seasonal slumps and regulatory headwinds in Southeast Asia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
A decade of visual search data. A taste graph trained on hundreds of billions of interactions. Eighty billion monthly searches every month, half of them commercial. Pinterest has built the shortest path between inspiration and purchase of any platform online. The users are there. The...
May 05, 2026
PayPal’s first-quarter earnings announcement, conference call commentary and guidance Tuesday (May 5) described a company in the midst of an overhaul. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing […]
April 22, 2026
Consumers are continuing to rely on cards as both a spending tool and a way to manage liquidity, and Synchrony’s latest quarter, as announced on Tuesday (April 21), indicates that...
February 19, 2026
Talk about raining on the parade. New Walmart CEO John Furner’s first earnings call was dampened by the news Thursday morning (Feb. 19) that it had been surpassed by Amazon...
February 13, 2026
If one theme connected fourth-quarter earnings calls across consumer packaged goods companies and discretionary brands, such as toymakers, it was the emergence of a consumer economy defined by prioritization rather...
May 05, 2026
HSBC took a $400 million expected credit loss (ECL) in the first quarter due to what it called “fraud-related, secondary, securitization exposure with a financial sponsor in the UK” in the bank’s Corporate and Institutional Banking (CIB) business, according to a Tuesday (May 5) earnings release. Get the Full Story Complete the form to unlock […]
May 05, 2026
Grab Holdings is betting that 14 years of hyper-localized data can outrun seasonal slumps and regulatory headwinds in Southeast Asia. Get the Full Story Complete the form to unlock this...
May 04, 2026
ThredUp has added the first agentic artificial intelligence experience to its online resale platform for apparel, shoes and accessories. Get the Full Story Complete the form to unlock this article...
May 01, 2026
Global alternative investment manager Ares Management raised $30 billion in the first quarter, a figure that was up more than 45% year over year and marked a first-quarter record for...
