Banks
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World
Former Deutsche Bank co-CEO Anshu Jain dies at 59
Jain Anshu, President of Cantor Fitzgerald appears on CNBC’s Squawk on the Street at the 2020 World Economic Forum in…
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World
Zoom investor tells startup founders: ‘Forget the past three years’ and accept 50% valuation hit
Eugene Zhang, founding partner of Silicon Valley VC firm TSVC Spencer Greene, general partner of TSVC Courtesy: TSVC Eugene Zhang,…
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World
Goldman Sachs, bank behind the Apple Card, says regulators are investigating its credit card practices
Goldman Sachs CEO David Michael Solomon attends a discussion on “Women Entrepreneurs Through Finance and Markets” at the World Bank…
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World
Visa suspends card payments for ad purchases on PornHub and MindGeek amid controversy
Al Kelly Mark Neuling | CNBC Visa is suspending card payments for advertising on Pornhub and its parent company MindGeek…
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World
Job cuts and smaller bonuses loom for Wall Street amid collapse in IPOs and stock issuance
People walk by the New York Stock Exchange on May 12, 2022 in New York City. Spencer Platt | Getty…
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Southeast Asia’s largest bank says wealth management, capital markets business face challenges
DBS Group CEO Piyush Gupta said the bank’s wealth management and capital markets businesses continue to see “headwinds,” despite the…
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World
Credit Suisse hit with stock and credit downgrades after earnings plunge
Speculation has emerged in recent months that Credit Suisse may be considering a capital raise. Thi My Lien Nguyen |…
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World
SocGen posts second-quarter loss after taking 3.3 billion euro hit on Russia exit
French bank Societe Generale’s headquarters in Paris. Chesnot | Getty Images News | Getty Images Societe Generale on Wednesday reported…
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JPMorgan hires scientist Charles Lim to help protect financial system from quantum-supremacy threat
Dr. Charles Lim, Global Head of Quantum Communications and Cryptography, JP Morgan Chase Courtesy: JP Morgan Chase JPMorgan Chase has…
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World
The death of easy money: Why 20% annual returns are over in crypto lending
PARIS — Celsius and Voyager Digital were once two of the biggest names in the crypto lending space, because they…
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