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Ken Sweet

Stay informed with Ken Sweet’s coverage and analysis.

Klarna
Banking
Swedish BNPL giant Klarna jumps nearly 15% in biggest IPO of 2025 on NYSE
By Ken Sweet and The Associated PressSeptember 11, 2025
Klarna IPO on Wall Street
Big Tech
Klarna made a solid debut on the New York Stock Exchange with shares up 15% in first day of trading
By The Associated Press and Ken SweetSeptember 10, 2025
Big banks all pass the Fed’s less vigorous stress tests, clearing the way for dividends and buybacks
Finance
Big banks all pass the Fed’s less vigorous stress tests, clearing the way for dividends and buybacks
By Ken Sweet and The Associated PressJune 28, 2025
Wells Fargo let out of the doghouse as Fed lifts restrictions placed on it in 2018 over its fake-accounts scandal
Finance
Wells Fargo let out of the doghouse as Fed lifts restrictions placed on it in 2018 over its fake-accounts scandal
By Ken Sweet and The Associated PressJune 4, 2025
Jamie Dimon
Finance
Bank profits slide as people struggle with debt
By Ken Sweet and The Associated PressJuly 12, 2024
Jane Fraser
Finance
Citigroup has now been fined more than half a billion dollars for risk issues. CEO Jane Fraser has staked her tenure on fixing the bank
By Ken Sweet and The Associated PressJuly 10, 2024
FDIC chair who quit following report of workplace stalking and harassment will be replaced by Georgetown law professor Christy Goldsmith Romero
Politics
FDIC chair who quit following report of workplace stalking and harassment will be replaced by Georgetown law professor Christy Goldsmith Romero
By Ken Sweet and The Associated PressJune 14, 2024
‘Cafes’, ‘community centers’ and ‘third spaces’—Banks are redesigning branches to remind you of anything but banks
Finance
‘Cafes’, ‘community centers’ and ‘third spaces’—Banks are redesigning branches to remind you of anything but banks
By Ken Sweet and The Associated PressJune 10, 2024
Abrupt bankruptcy of financial middleman Synapse freezes bank accounts of tens of thousands of U.S. businesses and consumers
Finance
Abrupt bankruptcy of financial middleman Synapse freezes bank accounts of tens of thousands of U.S. businesses and consumers
By Ken Sweet and The Associated PressMay 23, 2024
Mastercard says it expects new AI software to find compromised credit and debit cards quicker—before they get used by criminals
Tech
Mastercard says it expects new AI software to find compromised credit and debit cards quicker—before they get used by criminals
By Ken Sweet and The Associated PressMay 22, 2024
President Joe Biden speaks at podium
Finance
Joe Biden’s plan to slash $14 billion in credit-card late fees is halted by a federal judge in Texas
By Ken Sweet and The Associated PressMay 11, 2024
Jamie Dimon
Finance
Jamie Dimon calls on America to unite amid ‘great crises’ to protect ‘essential freedoms, including free enterprise’
By Ken Sweet and The Associated PressApril 8, 2024
Rohit Chopra
Finance
Judge calls out banking industry for choosing Texas court to challenge credit card fee caps—’Venue is not a continental breakfast’
By Ken Sweet and The Associated PressMarch 28, 2024
Steven Mnuchin
Finance
Mnuchin to the rescue as commercial real estate loan victim NYCB secures over $1 billion lifeline
By Stan Choe, Ken Sweet and The Associated PressMarch 6, 2024
Joe Biden
Politics
Biden’s CFPB cracks down on credit card late fees, caps them at $8
By Ken Sweet, Josh Boak and The Associated PressMarch 5, 2024
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Most Popular
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stockplaceholder alt text
By Sasha RogelbergJuly 20, 2026
Cybersecurity
OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluationplaceholder alt text
By Jeremy Kahn and Emily ForliniJuly 21, 2026
Success
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billionplaceholder alt text
By Sydney LakeJuly 20, 2026
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