American Express Faces Class-Action Lawsuit for Allegedly Overcharging Merchants
Merchants claim the payments giant's policies violate antitrust laws, restricting competition. Similar allegations against Visa and Mastercard led to the ...
Standard Chartered Tips Bitcoin to $150K at Year-End, Optimistic of Ether ETF Approval
Standard Chartered relies on the uptake of Bitcoin ETFs on the predictions. The bank expects the SEC to approve Ether ...
A Year On Out, Credit Suisse’s Fallout And Regulatory Challenges
A year has passed since Credit Suisse's dramatic rescue, yet the banking industry remains on shaky ground. The events of ...
Bank of England’s Journey Towards Better Economic Foresight
In the ever-evolving landscape of economics, where uncertainty reigns supreme, the Bank of England (BoE) finds itself at a pivotal ...
Nationwide Shakes Up British Banking Sector With £2.9B Virgin Money Takeover Bid
Virgin Money faces rebranding after the proposed takeover. The financial institution was founded by the British billionaire Richard Branson. Nationwide ...
In A Strategic Financial Shakeup, Citigroup Appoints JPMorgan’s Raghavan As Head of Banking
In a strategic move shaking up the financial landscape, Citigroup has secured Viswas Raghavan, formerly of JPMorgan Chase, as its ...
A Look Into Why NYCB’s Losses Have U.S. Regulators Concerned
In the complex world of finance, even the slightest tremor can send ripples of concern through the market. Such was ...
Morgan Stanley Faces $1.6 Million Fine over Regulatory Compliance Lapses
The regulator accused the bank of failing to cancel or close out inter-dealer municipal securities transactions. The violations allegedly occurred ...
Barclays To Acquire Majority Of Tesco’s Banking Operations In $757 Million Deal
Tesco will return proceeds to shareholders after selling banking operations to Barclays. Barclays plans to leverage Tesco's banking infrastructure to ...
Citi Urges Investors To Seize The Moment In US Banking Sector Amid Industry Turmoil
In the wake of recent turbulence within the U.S. banking sector, Citigroup analysts advocate for investors to adopt an aggressive ...
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