Browsing: billion

David Solomon, chief executive officer of Goldman Sachs.Bloomberg | Bloomberg | Getty ImagesGoldmans Sachs on Monday said it agreed to buy Innovator Capital Management, a provider…

By Mathieu Dion and Christine Dobby (Bloomberg) — Laurentian Bank of Canada reached an agreement to sell itself to Fairstone Bank for $1.9 billion and will…

After a battle over immigration policies and international student visas, fewer new international students chose to study on U.S. college campuses this fall, which comes at a significant…

Key insight: Nvidia’s investment underscores AI infrastructure as a strategic banking differentiator for Revolut.Supporting data: Revolut revenue rose 72% to $4.0 billion in 2024; customer base…

Skims underwear is displayed on a shelf at a Nordstrom store on March 25, 2025 in Corte Madera, California. Justin Sullivan | Getty ImagesKim Kardashian’s Skims brand…

Key insight: A Luxembourg court ruled HSBC owes restitution to a Madoff investor fund, finding the bank was negligent in its custodial role.Supporting data: The $1.1…

A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico, on June 14, 2024.Henry Romero | ReutersHSBC said…

Upgrade CEO Renaud Laplanche speaks at a conference in Brooklyn, New York, in 2018.Alex Flynn | Bloomberg via Getty ImagesUpgrade, the online lender started by LendingClub…

Key insight: The U.S. and U.K. took coordinated action against two vast criminal networks in Southeast Asia involved in human trafficking and financial fraud.What’s at stake:…

Traders work on the floor of the New York Stock Exchange. NYSEShares of New York Stock Exchange parent, Intercontinental Exchange, rose more than 3% in the…