Revenue from operations (consolidated) witnessed a strong growth of 23% Q2 YoY, reaching Rs 361 crore as compared to Rs 293 crore in Q2 FY’24. Annuity revenue streams (ATS/AMC, support, and cloud/SaaS ...
Amar Kuchinad will replace the founder and current CEO, Dmitry Tokarev, in a push to drive the crypto custodian’s global growth strategy with a focus on fortifying its U.S. presence.
Data gathered reveals that 1 in 4 Americans (non-Brigit users) have less than $100 in savings, highlighting the widespread financial strain many Americans are experiencing. But it’s not all doom and ...
The lender allegedly discouraged residents of Black-majority neighborhoods from applying for mortgages. Fairway said the complaint “appears to be intentionally inflammatory in nature.” ...
The Netherlands will offload roughly 10.5% of the bank “in the coming days.” European governments have sold more shares in bailed-out banks in 2024 than in any other since 2008. Observers await ...
Community banks] are also subject to a broader range of restrictions imposed by regulatory requirements…the disparity in the legal framework can have a distortive effect on competition,” Bowman said.
CEO Jane Fraser cited the bank’s ability to cut expenses while addressing the data, risk and control flaws regulators have flagged.
CEO David Solomon touted an “improving operating environment” and reported double-digit percentage-point gains in wealth management and investment banking fees. But its Platform Solutions business saw ...
Nadine Ahn, whom RBC dismissed in April, is expected to transition into the CFO role next year as Canaccord Genuity’s current CFO, Don MacFayden, focuses on the company’s capital markets business.
The JPMorgan CEO largely dismissed the idea of serving in the next presidential administration, although “I don’t make promises.” Wells Fargo’s CEO, meanwhile, said work to address the bank’s AML ...
Vice President Kamala Harris’ plans are part of her Opportunity Economy pledge, “an economy where people don't just get by, but get ahead,” and come as polls show she could stand to gain more support ...
Todd Gray says bank higher-ups pushed him away when he showed concern about a new mortgage subsidiary. That subsidiary cost the bank millions of dollars before shutting down last year, he said.