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An ex-Square exec’s ‘extreme pain and frustration’ with banks led her to buy one of her own
Newsletters
An ex-Square exec’s ‘extreme pain and frustration’ with banks led her to buy one of her own
By Emma Hinchliffe and Joey AbramsMay 22, 2024
Societe Generale CEO Slawomir Krupa gestures with two hands outstretched as he attends a session at the World Economic Forum (WEF) meeting in Davos
Finance
Société Générale CEO Slawomir Krupa’s promise less, deliver more approach keeps investors guessing   
By Alexandre Rajbhandari and BloombergMay 22, 2024
Young women looks at a paper statement with concern
Finance
People can’t buy cars and houses without a financial identity footprint—but a third of Gen Zers are ‘digital ghosts,’ and too shy to begin banking
By Sunny NagpaulMay 21, 2024
Jamie Dimon speaks
Leadership
Jamie Dimon teases that his departure from JPMorgan is getting closer, saying timeline is ‘not five years anymore’
By Hannah Levitt and BloombergMay 20, 2024
Martin Gruenberg
Finance
Prominent leader of financial services watchdog resigns after report found it was riddled with a ‘misogynistic’ and ‘good ole boys club’ culture 
By Amanda GerutMay 20, 2024
people walk past Bank of America sign
Finance
A 25-year-old trader at Bank of America dies suddenly, the second death this month of a young employee at the Wall Street giant
By Katherine Doherty, William Shaw and BloombergMay 17, 2024
The Canary Wharf business district
Finance
Barclays, HSBC, Virgin Money and others spent $63.3 million to help resolve banking complaints for business customers—the project failed
By Marion Dakers and BloombergMay 17, 2024
Tomasz Piskorski
Finance
Could Silicon Valley Bank happen again? ‘The short answer is, yes,’ says professor who sees $2 trillion of losses on the books
By Fortune EditorsMay 16, 2024
Columbia professor Tomasz Piskorski warned banks could become "less relevant" as private credit and nonbank lenders continue to eat up market share in the lending landscape.
Finance
‘Banks continue to become increasingly less relevant’: the professor who sees a $2 trillion hole in the economy predicts a thinning of the herd
By Dylan SloanMay 16, 2024
Joshua Easterly
Finance
The Great Financial Crisis kick started the private credit boom, but SVB was its true ‘watershed’ moment, Sixth Street co-president says
By Will DanielMay 16, 2024
person walking outside an HSBC bank branch
Finance
Who will be HSBC’s next CEO? An internal candidate seems likely for Europe’s largest bank
By Bloomberg, Harry Wilson, Donal Griffin and Ambereen ChoudhuryMay 16, 2024
Manfred Knof, chief executive officer of Commerzbank AG.
Finance
Commerzbank posts decade-high quarterly earnings on high interest and low bank levies, as it seeks to boost fee income
By Arno Schütze and BloombergMay 15, 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
Banks feel FOMO as SEC rules keep them out of crypto custody
Newsletters
Banks feel FOMO as SEC rules keep them out of crypto custody
By Jeff John RobertsMay 10, 2024
Shohei Ohtani and Ippei Mizuhara
Personal Finance
Dodger superstar’s confidant pleaded guilty to stealing $17 million from the power hitter to cover debts
By Ava Benny-Morrison and BloombergMay 8, 2024
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Success
After donating $8 billion, Steve and Connie Ballmer create three regional philanthropies so people closest to the work can decide how the money is spentplaceholder alt text
By Sydney LakeAugust 11, 2026
Economy
U.S. Treasury is paying $3 billion a day in interest on national debt, says the CBO—having spent $10 billion to prop up the currency of its top lenderplaceholder alt text
By Eleanor PringleAugust 11, 2026
North America
Google cofounder Sergey Brin has now spent $100 million to fight California’s proposed billionaire tax—he could owe $13 billion if he losesplaceholder alt text
By Sasha RogelbergAugust 11, 2026
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