Tokyo-based Sumitomo Mitsui Banking Corp. will shutter Jenius Bank, its digital-only U.S. consumer division, marking an abrupt end to an ambitious retail expansion strategy in America. As part of the ...

Jan 7 (Reuters) - A ‌unit of KeyCorp will pay $7.77 ‌million to resolve allegations that the large regional bank violated the federal False Claims Act by submitting fraudulent loans ‍from the pandemic ...

JPMorgan Chase’sJPM1.88%increase; green up pointing triangle asset-management unit is cutting all ties with proxy-advisory firms effective immediately, amping up the pressure on an industry that ...

Add Yahoo as a preferred source to see more of our stories on Google. Close-up of pile of boiled shrimp A plate of boiled shrimp (Photo: Wes Muller/Louisiana Illuminator) The latest batch of seafood ...

The crypto market has started 2026 on a solid footing, but the question now is whether the rally can last, crypto asset management firm Bitwise said in a blog post Tuesday. Bitwise CIO Matt Hougan ...

The successful completion of cold functional testing of Xudabao Nuclear Power Plant’s unit 3 means it can move from the installation phase to the commissioning phase. (Image: CNNC) China National ...

LONDON, Dec 4 (Reuters) - The Bank of England said on Thursday that it was launching a stress test of how the $16 trillion global private equity and private credit industries would deal with a major ...

U.S. Bank, the fifth-largest commercial bank in the U.S., has started testing the issuance of custom stablecoins on the Stellar network, according to a Tuesday announcement. Teaming up with PwC and ...

Dutch bank ABN Amro plans to slash thousands of jobs and sell its personal loans subsidiary as part of its new strategic plan to boost profitability and capital returns in the next three years. The ...

US Bank tests stablecoins with built-in compliance on the Stellar network. Stellar offers fast, secure transactions with asset freeze and reversal tools. The trial reflects banks adopting programmable ...

Citi’s move to house its retail banking division within wealth management might be the most dramatic step yet taken by a major financial services firm to integrate its banking and advisory businesses.

Deutsche Bank AG’s DB India arm is exploring the sale of its retail and wealth management business, according to The Economic Times report published on Outlook Business. The bank had earlier examined ...