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Wall Street's biggest banks posted uneven third-quarter results this week. The numbers revealed how quickly momentum can fade in capital markets even after...

China’s Central Bank Chief Challenges Narrow Views of Global Trade Imbalances

BEIJING — Pan Gongsheng has a message for critics hammering China over its swelling trade surplus. Look deeper. The governor of the People's Bank of China delivered that counsel T...

Kraken Parent Payward Agrees to Buy Lithuanian Bank in Bid to Blend Crypto With Everyday Finance

Payward Inc., the parent company of crypto exchange Kraken, said on Wednesday, Oct. 14, that it has signed a definitive agreement to acquire Saldo Finance Oy, the Finnish holdin...

Goldman Sachs Profit Soars on Equities Surge as Markets Test Resilience Amid Global Tensions

Goldman Sachs reported third-quarter net earnings of $5.29 billion, or $17.01 a share, on Tuesday, October 13, 2026, well above the $13.02 a share analysts expected, according t...

Citigroup’s Profit Surge Signals Progress Amid Bank Earnings Season Volatility

Citigroup reported a 40% jump in third-quarter profit on Tuesday, Oct. 13, 2026, beating Wall Street forecasts on its best third-quarter revenue in a decade. Its shares still cl...

JPMorgan’s Hawkish Pivot Exposes Cracks in Warsh’s Fed Leadership

JPMorgan Chase didn't wait long. Hours after Federal Reserve Chairman Kevin Warsh wrapped up his July 29 press conference, the bank's chief U.S. economist Michael Feroli fire...

Apple Reclaims the Crown: How a Cautious Approach to AI Spending Fuels Its Return to Market Dominance

Apple has done it again. The tech giant reclaimed its position as the world’s most valuable publicly traded company this week. Its market capitalization hit roughly $4.9 tril...

Charity Bank Outage Exposes Fragile Digital Defenses as Payroll Crisis Deepens

CAF Bank pulled the plug on online access for its 14,000 charity customers more than a week ago. Funds sit untouched. Core systems hum along safely. Yet the organizations tha...

Citi CEO Jane Fraser Warns Banks Face Dual AI Sprints That Will Reshape Finance

Jane Fraser doesn’t mince words. The Citi chief executive sees artificial intelligence forcing banks into two contests at once. One pushes for growth. The other guards agains...

Supreme Court Shields $12 Billion Municipal Bond Collusion Suit from Banks’ Class Action Escape

The U.S. Supreme Court on Monday shut down a last-ditch effort by eight major banks to dismantle a massive class action lawsuit accusing them of rigging interest rates on mun...

JPMorgan’s $20 Billion Bet: Inside Wall Street’s Largest Technology Spending Spree and What It Signals About the Future of Banking

JPMorgan Chase is preparing to pour roughly $20 billion into technology spending next year, a figure that dwarfs the budgets of most standalone tech companies and underscores...

From Oculus to Erebor: How Palmer Luckey Built a $635 Million Bank Named After a Tolkien Fortress — and Won the First National Charter of the Trump 2.0 Era

Palmer Luckey, the sandal-wearing, Hawaiian-shirt-clad tech maverick who sold Oculus VR to Facebook for $2 billion a decade ago, has now conquered an entirely different front...

The AI Lending Paradox: How Private Credit Is Racing to Underwrite a Revolution It Barely Understands

Private credit firms are pouring billions into artificial intelligence and software companies, chasing the promise of recurring revenue streams and explosive growth. But a ne...

Florida Credit Union’s Lawsuit Against Fiserv Exposes Vulnerabilities in Third-Party Banking Security Infrastructure

A Florida-based financial institution has launched legal action against one of the nation's largest financial technology providers, alleging that inadequate cybersecurity mea...

Santander’s $12 Billion Webster Bank Acquisition Reshapes Northeast Banking Power Dynamics

Santander Holdings USA has announced its intention to acquire Webster Financial Corporation in a transformative $12 billion transaction that promises to redraw competitive bo...

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