Financials

PhonePe competes with Alibaba-backed home-grown payments pioneer Paytm and Google Pay

Wall Street executive Ray McGuire announced his run for New York City mayor on Wednesday with a video narrated by film director Spike Lee.

The mega deal, which includes $4.8 billion of debt, is a sign that deal-making activity is accelerating as breakthroughs in developing COVID-19 vaccines improve the economic outlook.

The bank's senior management aim to present the plan to the board in the coming weeks.

Under Clayton, the SEC has pursued changes to regulations that critics saw as burdensome or hindering corporate growth, often in the face of opposition from Democrats and investor advocates.

Texas Gov. Greg Abbott will on Nov. 20 host representatives from major U.S. stock exchanges considering whether to relocate their data centers from New Jersey to the Lone Star state amid the threat of higher taxes.  

JPMorgan CEO Jamie Dimon weighs in Biden's 2020 win.

Wall Street has been pouring money into the coffers of former Vice President Joe Biden’s campaign, but not at the pace seen during the 2016 election.

President Peter Zaffino will become chief executive officer, effective next year.

American Express Co missed third-quarter profit estimates on Friday, as its customers spent less during the COVID-19 fueled economic slowdown and it set aside money for potential payment defaults.

Goldman Sachs Group Inc. is seizing tens of millions of dollars from top executives after agreeing to a costly settlement to resolve multiple government investigations into its role in a Malaysian bribery scandal.

The agency called on the department to take precautions against malicious campaigns

Discover Financial Services Chief Executive Officer Roger Hochschild sounded the alarm about the growing loss of white collar jobs.

The San Francisco-based lender earned $2.04 billion, or 42 cents per share, missing the 45 cents that Wall Street analysts surveyed by Refinitiv were expecting. The results were an improvement from last quarter’s $2.38 billion loss, but marked a 56% decline from the $4.61 billion earned a year ago.

Goldman Sachs Group reported record quarterly earnings driven by continued strength in trading and deal making.  

JPMorgan CEO Jamie Dimon says another year of lockdowns aimed at slowing the spread of COVID-19 would deal a knockout blow to businesses reeling from the pandemic.

JPMorgan Chase & Co. reported third-quarter profit rose 4%, boosted by strong trading results as global markets recovered from their coronavirus-induced plunge.

Curbside is key to preserving jobs in retail, even if sales floors evolve into mini-fulfillment centers.

America's biggest financial institutions are backing Democratic nominee Joe Biden, banking on a "blue wave" that will create jobs and boost the economy.

TOKYO  — Asian and U.S. shares were mostly higher on Thursday on optimism U.S. stimulus may be coming after all, as President Donald Trump appeared to reverse his earlier decision to halt talks on another economic rescue effort.