Finance
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China just suspended Ant Group’s $34 billion IPO, the largest in history. Here’s how the company was spun out of Jack Ma’s Alibaba and has transformed the global fintech market.
Ant Group, an affiliate fintech company of Chinese retail behemoth Alibaba, has been gearing up to go public with an anticipated valuation...
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Read the full memo JPMorgan CEO Jamie Dimon sent to employees asking them to have ‘patience and fortitude’ until final election results (JPM)
JPMorgan CEO Jamie Dimon asked employees in a memo on Wednesday to “have faith in our electoral and judicial systems” and patience...
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State Street is working to bring 8,000 people back to the office. The firm’s COO explains the steps it’s taking, from tracking ‘readiness factors’ to using contact tracing technology.
In recent weeks, the global custodian bank State Street has begun a phased return to work for an additional 20% of its...
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Why US digital-only banks will keep growing in the next 5 years
We forecast a continued rise in US digital-only bank account holders between now and 2024. This is largely thanks to a friendly...
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351US tech stocks lead volatile rally after Trump claims he won the election and demands the Supreme Court to stop counting votes
Joe Biden and Donald Trump speak during the first presidential debate at the Case Western Reserve University and Cleveland Clinic in Cleveland,...
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351A Chinese stock whose name sounds like ‘Trump wins big’ to Mandarin speakers surged nearly 10% on US election day
Chip Somodevilla/Getty Images A Shenzhen-listed stock that sounds like “Trump wins big” to Mandarin speakers jumped nearly 10% on election day. Wisesoft,...
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US stock futures and dollar surge as Trump and Biden go neck-and-neck in a tight presidential race
US stock futures and the dollar surged, as the tight race between Trump and Biden that investors had prepared for unfolded. Futures...
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Former Bank of America analyst charged nearly $21,000 to his corporate card at an ‘adult venue’ and refused to pay it back, new complaint alleges
A former Bank of America analyst charged over $20,000 to his corporate card at an “adult venue,” a complaint from the securities...
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19 financial perks of being the president of the United States
The prestigious title of president of the United States comes with benefits and perks that are just as luxurious. US presidents earn...
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Billionaire Ken Griffin’s Citadel just turned 30. Read the anniversary note he sent staff on going from a 22-year-old ‘entrepreneur’ to running a $35 billion hedge-fund firm.
Billionaire Ken Griffin is celebrating the 30-year anniversary of the launch of Citadel, which he started with two others in 1990 with...