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The AI Debt Surge: How Tech's Borrowing Binge Could Reshape Borrowing Costs The artificial intelligence boom is fueling an unprecedented wave of capital spending, but...

Fed Chair Powell Under Criminal Probe Over $2.5B Renovation, Cites Trump Motive

Powell's Peril: A Fed Chair's Battle Against Political Crosswinds The announcement of a criminal investigation into Federal Reserve Chair Jerome Powell by U.S. prosecu...

Trump’s 10% Credit Card Rate Cap Could Propel SoFi’s Lending Growth

Trump's Rate Revolution: How a Credit Card Cap Could Supercharge SoFi's Personal Loan Empire President Donald Trump's recent push for a temporary cap on credit card in...

Trump Proposes 10% Cap on Credit Card Rates to Ease Debt Burden

Trump's Rate Revolution: Inside the Push to Cap Credit Card Interest at 10% and the Banking Backlash In a move that has sent ripples through the financial sector,...

Morgan Stanley: AI to Eliminate 200K European Banking Jobs by 2030

AI's Looming Reckoning: How Automation Threatens to Upend Europe's Banking Workforce In the heart of Europe's financial hubs, from London's Canary Wharf to Frankf...

AI to Slash 200,000 Banking Jobs in Europe by 2026

AI's Silent Siege: Banking's Workforce Faces a 200,000-Job Overhaul in 2026 The banking sector, long a bastion of stability and white-collar employment, is on the cusp...

Morgan Stanley: AI to Slash 200,000 European Banking Jobs by 2030

AI's Relentless March: Europe's Banks Brace for a 200,000-Job Reckoning In the heart of Europe's financial hubs, from London's Canary Wharf to Frankfurt's towering sky...

DOJ Seizes Phishing Domain Behind $14.6M Losses to US Victims

Digital Heist Unraveled: DOJ's Crackdown on a Multimillion-Dollar Cyber Fraud Empire In a significant blow to cybercrime operations, the U.S. Department of Justic...

Mercury Neobank Applies for OCC Charter to Gain Independence and FDIC Insurance

Mercury's Charter Quest: Fintech's Push to Reinvent Business Banking In the fast-evolving world of financial technology, few moves signal ambition quite like applying...

Dimon’s Power Play: Bezos, Dell Join JPMorgan’s $1.5 Trillion Defense Push

JPMorgan Chase Chief Executive Jamie Dimon is assembling an elite advisory council to steer the bank's ambitious $1.5 trillion national security initiative, tapping tech tita...

Wall Street’s New Analyst is an Algorithm: Model ML Secures $75M to Automate the Deal Toy Factory

The enduring image of the junior investment banker—sleepless, pallid, and tethered to a cubicle at 3:00 a.m. while manually aligning logos in a PowerPoint presentation—may fi...

The Silicon Tranche: Wall Street Grapples with the Specter of ‘Financial Slop’

In the quiet corridors of lower Manhattan, a new term of art is migrating from the coding discord servers to the credit committees of major financial institutions. For years,...

Wells Fargo’s AI Power Play: Banking Vet Takes Helm Amid Consumer Shake-Up

SAN FRANCISCO—Wells Fargo & Co. is betting big on artificial intelligence, tapping a seasoned banking executive to spearhead its AI ambitions while reshaping leadership i...

Bank of America’s AI Surge: Productivity Jumps 20%, Revenue Climbs in Bold Tech Bet

Bank of America is placing a massive wager on artificial intelligence, pouring billions into the technology to supercharge its operations. According to recent reports, the bank'...

Walmart’s OnePay App to Enable Bitcoin and Ethereum Trading

Walmart Inc.'s ambitious push into financial services took a significant leap forward this week with the announcement that its fintech arm, OnePay, is integrating cryptocurrency fe...

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