Financials

The New York-based insurance startup backed by Japanese tech giant SoftBank opened for trading at $50.06 a share and reached as high as $67.45

Citigroup Inc said on Wednesday it was delaying plans for  U.S. employees returning to offices as COVID-19 cases rise in several states.

Nation’s fourth-largest bank has cited weak earnings during the pandemic

The Supreme Court on Monday ordered changes to a government consumer-finance watchdog created in the wake of the 2008 financial crisis.

The Fed's stress tests are adding some temporary 3Q restrictions so banks can remain healthy post the pandemic.

Unlike big, “money-center banks” headquartered in New York City such as JPMorgan Chase, Citigroup and in Wells’ case, San Francisco, community banks are locally owned and operated. You won't see their branch offices on every street corner and they don't conduct glitzy advertising campaigns.

The report found the uptick in fraudulent activity may be linked to the increase in "card not present" activity amid a 250 percent surge in digital transactions since the pandemic began.

JPMorgan Chase and Bank of America are among the five biggest U.S. banks.

Chief Executive Officer Markus Braun quit on Friday

The scandal-hit company, whose CEO resigned on Friday, is desperately seeking to reassure investors after its search for the missing cash hit a dead end in the Philippines, prompting ratings agencies to react. 

Nearly every state and Washington, D.C. recognizes the day as a holiday or observance, although it is not a federal holiday.

It is the second day of declines for shares of the company

A lawyer representing a former Morgan Stanley  diversity officer who is suing the bank over racial discrimination said on Wednesday the bank cut her client's budget for promoting diversity and financial education by 71 percent from the time she started in wealth management to 2019.

In March, HSBC had postponed the job cuts due to the coronavirus

Morgan Stanley’s former global head of diversity is suing the finance firm, accusing it of racial discrimination, illegal retaliation and violating the Equal Pay Act.

The employee and a woman were captured on video questioning a man painting the Black Lives Matter slogan on what he says is his home.

Before COVID-19 upended American life, the head of a $33 billion U.K. foundation told a collection of money managers how bad it was going to get. The alarm spread through the worlds of finance and business.

About 7 percent of mortgages handled by Citizens Bank have been granted forbearance.

The company plans to list on the New York Stock Exchange under the symbol DNB

U.S. Secretary of State Mike Pompeo on Tuesday chided British bank HSBC for backing moves by China to end Hong Kong's autonomy, saying such "corporate kowtows" got little in return from Beijing.