Critics slam American Express CEO for ‘fundamentally racist,’ woke policies: ‘We’re coming after you’
Manhattan Institute senior fellow Christopher Rufo warned the credit card giant that “we’re coming after you,” as he and other outspoken critics have teamed up to launch the UnAmerican Express campaign to stop their “racially divisive policies” for good.
CFPB's overdraft fee research refuted by CBA president: 'Not backed by reality'
The CFPB is becoming increasingly critical of overdraft fees. However, one trade organization says this outlook could be hurting consumers.
PayPal expands services in Ukraine
PayPal has rolled out new services available in Ukraine to help its customers send money quickly to friends and family.
Many buy now, pay later users would prefer this offering through their bank, study says
Users of buy now, pay later said they would prefer if this payment option was backed by their banks, rather than fintechs, according to a recent survey.
Here's how banking will evolve amid the 'death' of overdraft fees, according to J.D. Power
Banks are increasingly reducing or fully eliminating overdraft fees. New research from J.D. Power reveals what that will mean for the banking industry.
Florida fishing accident kills Venezuelan billionaire's banker son who leapt overboard to save fiancée
A Florida banker, the son of a Venezuelan billionaire, jumped off a 60-foot fishing boat Saturday to try and save his fiancée, who had fallen overboard.
JPMorgan ending mandatory COVID tests, hiring ban for unvaccinated employees
The bank will still offer voluntary testing through complimentary home kits, require responses to be entered into its Vaccine Record Tool, and keep isolation and quarantine guidelines in place.
Over half of Gen Z consumers think BNPL encourages poor spending habits, according to Student Beans study
Gen Z consumers are using buy now, pay later services, but they are wary of the spending habits this option could form, according to a new study.
Deutsche Bank winding down Russia business
Deutsche Bank has joined JPMorgan Chase and Goldman Sachs in winding down its business in Russia following the country's invasion of Ukraine.
Goldman Sachs becomes first Wall St. firm to exit Russia
Goldman Sachs has become the first Wall Street firm to suspend its operations in Russia following the country's invasion of Ukraine.
Pariah? Hardly. Banks are still willing to lend to Trump
A bank’s decision to loan Donald Trump’s company $100 million is the latest evidence the former president might survive fraud investigations and a business-world backlash
Amid rising inflation, many Americans would prefer an increased pay frequency, survey says
As inflation rises at its highest rate in years, many Americans who participated in a recent survey said having a more frequent pay schedule would help them with financial stress.
Fitch to suspend commercial operations in Russia, says analysts outside the country to provide coverage
Fitch became the second major credit rating firm to suspend its commercial operations in Russia with immediate effect on Monday, saying its analysts outside the country would provide its coverage instead.
Citi becomes largest bank to eliminate overdraft fees
Citibank just announced that it will eliminate its overdraft fees this summer, becoming the largest bank to cut its fees.
Russia sanctions: Tech cutoff is bad, but credit service suspension 'unbearable' for average citizen
Tech companies including Apple, Google and Microsoft have suspended services in Russia, but the credit card service suspension is going to have more severe impact, according to an expert.
Ukraine may receive $700M in planned loans from World Bank
The World Bank Group is putting together financial help for Ukraine.
Swiss adopt new EU sanctions on Russia
The Swiss government on Friday widened sanctions against Russia in step with further measures imposed by the European Union, tightening exports and financial services to the country over the biggest attack on a European state since World War Two.
Ukraine invasion: Germany prepares to 'disconnect Russia from SWIFT' Lithuania president says
Germany agreed to disconnect Russia from the SWIFT international banking system following their invasion of Ukraine. This move would essentially bar Moscow from top financial networks.
S&P cuts Russia's rating to junk, Moody's issues junk warning
Russia's invasion of Ukraine triggered a flurry of credit rating moves on Friday, with S&P lowering Russia's rating to 'junk' status, Moody's putting it on review for a downgrade to junk, and S&P and Fitch swiftly cutting Ukraine on default worries.
What is SWIFT and how could it clip Putin's financial wings?
Following Russia's invasion of Ukraine, calls are growing for Russia to be cut off from the SWIFT banking network.



















