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Fintech

JPMorgan Chase Warns De-Dollarization Underway As Central Banks Ditch USD, Aggressively Stockpile Gold

JPMorgan Chase warns de-dollarization is accelerating, as central banks slash USD reserves while aggressively stockpiling gold. In a new note,…

July 19, 2025

Hedge Funds Are Dumping Bank Stocks and Piling Into One Sector, Says Goldman Sachs: Report

Wall Street titan Goldman Sachs says hedge funds are cutting back investments in bank stocks. Citing data from Goldman Sachs…

July 17, 2025

Wells Fargo, Goldman Sachs and Morgan Stanley Paying $120,000,000 To Settle Lawsuit Tied to Investment Firm’s Collapse: Report

Three top US banks will hand over more than $100 million to settle a lawsuit related to the collapse of…

July 17, 2025

JPMorgan Chase To Start Charging PayPal, Venmo, Coinbase and Others for Customer Account Data After Years of Free Access: Report

The biggest bank in the US, JPMorgan, will begin charging financial technology companies for a typically free service. JPMorgan Chase…

July 13, 2025

JPMorgan Chase, Bank of America, Wells Fargo and Citigroup Holding $172,280,000,000 in Unrealized Losses As Bank Bond Portfolios Remain Underwater: S&P Global

The four largest banks in the US are staring at tens of billions of dollars in unrealized losses on their…

July 12, 2025

$3,000 Cap on International Transfers Hitting New Zealand Amid Anti-Money Laundering Efforts

New Zealand is preparing to impose new limits on international cash transfers in a bid to strengthen efforts to combat…

July 10, 2025

Bank Suddenly Shut Down by US Regulators in Second Bank Failure of 2025

The Federal Deposit Insurance Corporation (FDIC) just announced the second bank failure of 2025. Regulators say The Santa Anna National…

June 30, 2025

HOOD Goes Parabolic As Robinhood Launches Massive Crypto Expansion With New Layer-2 Chain, Stock Tokens and More

Trading app giant Robinhood (HOOD) shares are up 10% today, trading at all-time highs after announcing a big expansion into…

June 30, 2025

Mastercard Partners With Chainlink (LINK) To Allow Over 3,000,000,000 Cardholders To Make Direct Crypto Purchases

Payments giant Mastercard has tapped Chainlink (LINK) to connect off-chain payments to on-chain decentralized finance (DeFi). According to a new…

June 24, 2025

Visa CEO Addresses Stablecoin Bill After Stock Drop, Says Payments Giant Was ‘Preparing for This Moment’ for Years

Visa CEO Ryan McInerney is responding to the potential impact on the payments giant if the US approves the GENIUS…

June 24, 2025