The European Union (EU) and the US have both taken steps to regulate digital currencies issued using distributed ledger ...

Wells Fargo said 35 employees were given notification of their job ending between April 1 and June 10. The remaining 159 employees were notified Tuesday.

JPMorgan will develop stablecoins, despite CEO Jamie Dimon’s doubts as it aims to stay competitive with fintech companies.

Wells Fargo is ending its partnership with Bilt ahead of schedule, as profits failed to materialize from the companies’ ...

HSBC becomes first UK bank to leave Net-Zero Banking Alliance, signalling potential shift in financial sector's approach to ...

Circle’s IPO showed that public markets accept stablecoin issuers with clear revenue. USDC is used by banks, merchants, and tokenization platforms worldwide. Major institutions are ...

Takeover speculation in Northern Trust has revived industry hopes of deals among large U.S. and regional banks, propelling ...

Takeover speculation in Northern Trust has revived industry hopes of deals among large U.S. and regional banks, propelling ...

In 2024, banking crossed a critical threshold. No longer satisfied with being simply digital and inspired by interactions ...

In 2025, over 8,000 bank branches worldwide are projected to shut down. The United States alone accounts for nearly 3,200 ...

Principal Financial Group slightly trimmed its stake in PayPal by selling 19,076 shares in Q1, leaving it with over 1.2 ...

The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech lenders for mortgages, a UC Davis study suggests.