Fintech

US banks are now saddled with $413.2 billion in unrealized losses on their balance sheets. In its new Quarterly Banking Profile for the first...

US banks are piling cash onto their balance sheets while showing a weak appetite for lending, according to the financial data and analytics firm...

Wells Fargo has confirmed a mass outage that has prevented customers from accessing their accounts. Customers began reporting issues on Saturday morning, with the...

US financial giant Capital One will hand $425 million to customers in a massive class action settlement. Account holders accused the bank of purposefully...

The retail trading giant Robinhood is taking over a crypto firm touted by Shark Tank's Mr. Wonderful, Kevin O'Leary. According to press releases from...

Shares of Coinbase (COIN) are up big following news that the company will be joining the S&P 500 index later this month. In an...

Facebook parent company Meta is reportedly eyeing a venture into stablecoins amid growing interest and demand for the digital asset class. Citing anonymous sources...

JPMorgan Chase, Bank of America, Wells Fargo and Citigroup are collectively setting aside tens of billions of dollars to cover potential credit losses as...

A revived lawsuit accuses Citigroup of orchestrating a more than $1 billion fraud at Oceanografia, a now-bankrupt Mexican oil and gas services company. The...

The company behind the world's biggest stablecoin is diving head-first into artificial intelligence with a new AI platform. According to Tether CEO Paolo Ardoino,...