Goldman Sachs is renewing its push into Wall Street’s digital future. The firm made Mathew McDermott, a managing director who ran the investment bank’s internal funding operations, its new global head
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Banks in Europe set aside about $28 billion to cover bad loans in the second quarter, led by British firms including HSBC Holdings Plc and Lloyds Banking Group Plc
President Donald Trump signed two executive orders Thursday evening that would effectively ban TikTok and WeChat operations in the United States, if China-based parent companies ByteDance and Tencent Holdings
The most important part of any story is the conclusion you draw from it and how you’re going to make or save money as a result, Alfred Lin says.
Software company Apptio brought its first product to market during the 2008 recession. CFO Kurt Shintaffer says that experience now shapes Apptio’s commercializing strategy. Leading finance during the COVID-19
August is typically a slow month in finance, as many on Wall Street take some time off — or a lot of time off if you’re in Europe —
BENGALURU (Reuters) – The dollar’s supremacy of well over two years has turned sharply and the current downward trend will continue into next year on expectations the U.S. economic
Technavio has been monitoring the fleet management market in Europe and it is poised to grow by USD 6.46 billion during 2020-2024, progressing at a CAGR of over 14%
When Ray Carpenter headed a financial planning group within AT&T, he led a task force to help the company make better use of its working capital. The group devised
A digital revolution is driving U.S. banks to evolve their payment solutions. The industry is experiencing a shift from paper to digital processes, with developments including new real-time payments
Goldman Sachs has developed an app called Gemini to help clients find matches for mergers and acquisition. The app measures the performance of companies’ specific units against those of their
Procrastinating on LIBOR transition tasks poses dangers. “The risk of complacency is high, and it’s going to get higher,” said Tom Wipf, vice chairman of institutional securities at Morgan Stanley and chair
Goldman Sachs restated its second-quarter earnings Thursday to reflect a $2.01 billion boost to its litigation reserves, a result of the 1MDB settlement the bank reached with Malaysia last month.
EBay is partnering with online lender LendingPoint to offer sellers access to installment loans, the two companies announced. The program, called eBay Seller Capital powered by LendingPoint, lets merchants on
Six more banks and credit unions are partnering with Google to offer digital bank accounts through Google Pay, the tech giant, along with several institutions, announced Monday. BankMobile, BBVA USA, BMO
urope has the motivation, but not the means, to break up Big Tech. For the U.S., the inverse is true. That’s bad news for anyone hoping for a full
Even as the world copes with the coronavirus disruption, businesses must prepare for the adverse effects of continuing climate change risks. CEOs and CFOs across the world are aware
Following reports last month, the European Commission announced this week that it is officially opening an investigation into Google’s proposed acquisition of Fitbit (NYSE: FIT). The Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary had made an offer
It is an unfortunate reality that as the economic repercussions of the COVID-19 pandemic continue to be felt, companies — even those that were performing quite strongly at the start of
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