financial services

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Nomura’s CIO is modernizing his company’s tech while rethinking when to build versus buy
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Nomura’s CIO is modernizing his company’s tech while rethinking when to build versus buy

By
July 10, 2024
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Aug. 20, 2018. U.S. stocks and Treasuries rose as traders held onto hopes for an easing of the trade war and await clues from a meeting of central bankers later this week. Photographer: Michael Nagle/Bloomberg via Getty Images
Success

Beware, finance bros: AI is coming for banking before any other kinds of jobs, Citigroup warns

By
June 20, 2024
robot analyzes stock prices
Finance

JPMorgan will play more ‘Moneyball’ as the Wall Street giant expands use of an AI tool to help portfolio managers ‘correct for bias’

By
June 2, 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
May 20, 2024
Elizabeth Warren
Finance

The SVB blame game is infecting Capitol Hill: Democrats and Republicans are pointing the finger at each other

By Kevin Freking and The Associated Press
March 19, 2023
Founders Fund founder and PayPal co-founder Peter Thiel
Finance

Peter Thiel is swearing he kept $50 million of his personal fortune at SVB while his Founders Fund bailed on the bank

By
March 16, 2023
SVB swag is a hot seller on eBay
Success

SVB swag is a hot seller on eBay

By
March 15, 2023
SVB
Finance

The DOJ and SEC are both probing the SVB collapse, source says

By
March 15, 2023
Jerome Powell
Finance

‘It’s inexplicable’: Critic rips Fed for missing SVB risk with Wall Street ‘publicly screaming about these very issues for many, many months’

By Christopher Rugaber, Fatima Hussein and The Associated Press
March 14, 2023
‘It’s a big failure for us.’ Sweden’s largest pension fund invested in both Silicon Valley Bank and Signature Bank before they failed
Finance

‘It’s a big failure for us.’ Sweden’s largest pension fund invested in both Silicon Valley Bank and Signature Bank before they failed

By
March 14, 2023
Silicon Valley Bank
Finance

Shareholders file class action suit against Silicon Valley Bank, former CEO and CFO for not disclosing rate risk from June 2021 through its collapse

By Michelle Chapman and The Associated Press
March 14, 2023
Silicon Valley Bank
Finance

Why the failures of SVB and Signature were such outliers—and why the banking crisis is far from over, former central banker says

By Vidhura S. Tennekoon and The Conversation
March 14, 2023
Silicon Valley Bank
Tech

‘It almost seemed weird if you were in tech and didn’t have a Silicon Valley Bank account’: Crisis rattles clubby, insular tech world

By Michael Liedtke and The Associated Press
March 14, 2023
Gavin Newsom
Finance

The SVB fallout is showing the world’s 5th-largest economy (California) is flailing as easy money goes extinct

By John Gittelsohn, Karen Breslau and Bloomberg
March 13, 2023
Joe Biden
Finance

Biden says financial system is safe but all seized banks’ management should get sacked and tougher rules are needed

By Ken Sweet, Christopher Rugaber, Chris Megerian, Cathy Bussewitz and The Associated Press
March 13, 2023

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