Airtel Money Shares Rise on Debut But $7 Billion Valuation Misses Goal
Shares in the African digital financial-services platform opened higher on its first trading day in London, but missed the targeted $8 billion to $9 billion valuation.
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Fed's Waller Sees Multiple Rate Increases Ahead to Cool Inflation
In prepared remarks at the Istanbul Economic Forum, Christopher Waller said the economic data underscoring the need for interest-rate increases hasn't shifted much.
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American Express Fined $350 Million After Failing to Stop Billions in Suspected Money Laundering
The shortcomings are tied to the Bank Secrecy Act and anti-money-laundering compliance program.
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Trump Throws His Weight Behind Credit-Card Legislation Most Feared by Banks
The bill could upend the system that moves billions of dollars in fees that merchants hate and banks use to power rewards.
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London's Private Markets Exchange Completes Another Auction
But exchange's managers say it's too soon to talk about expansion.
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Arini, Hedge Fund Known for Bold Bets, Loses 16%
Investors continue to put money into Arini's $7.3 billion flagship fund, betting that rising rates will create more opportunities for its founder, Hamza Lemssouguer.
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Global Bond Turmoil Reveals the Surprising Resilience of Emerging Markets
"It's very clear that EM is behaving differently than in the past, and EM is holding up better than expected."
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Q&A: Bitcoin Funds Are Expanding. HANetf's Co-CEO Explains Why
Last week, London-based HANetf, an exchange-traded fund provider, launched the world's first euro-hedged bitcoin ETC-noting a shift in demand among its European client base.
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U.K. Regulators Ready Green Light for $4 Billion ATM Tie-Up Between Brink's, NCR Atleos
Authorities said the offer to sell off some parts of Brink's business should address concerns over the ATM operator's planned acquisition of its rival.
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Financial Services Roundup: Market Talk
Find insight on HSBC, Standard Chartered, ING Groep and more in the latest Market Talks covering financial services.
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Wells Fargo Faces Regulator Probe Over Efforts to Boost Black Homeownership
Trump's Housing and Urban Development is seeking to crack down on race-based lending, calling it a potential violation of the Fair Housing Act.
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Ripple, Crypto's Payments Giant, Breaks Into Wall Street
The crypto firm is emerging as a serious player in financing leveraged ETFs, a lucrative business long dominated by big banks.