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Thursday, 30 June, 2022

FintechFT
Japan seeks first-mover advantage with stablecoin regulation Premium content
Plus, Klarna struggles to get investors to ‘buy now’
Friday, 24 June, 2022

News in-depthFintech
Fintechs face reckoning as easy money dries up
Valuations have collapsed even faster than they climbed, making fresh funding hard to come by
Monday, 13 June, 2022

US economy
Gorman defends US economy as markets shudder on recession fears
Morgan Stanley chief says he is ‘totally relaxed’, pointing to strength of consumer credit
Monday, 13 June, 2022

FintechFT
A chaotic week for regulators Premium content
Plus, proptech firm profiled and Apple plunges into BNPL
Sunday, 12 June, 2022

Special ReportBusiness Education: Financial Training
Banks take DIY route by taking tech education in-house
Employers are setting up ‘academies’ to develop a talent pool
Thursday, 9 June, 2022

Special purpose acquisition companies
Spac boom dies as wary investors retreat
Rising interest rates and the prospect of tougher regulation have deepened the challenges facing the market
Thursday, 9 June, 2022

Citigroup Inc
Citi suffered tech glitch during height of Covid market stress
US bank was given grace period for March 2020 margin payment at Intercontinental Exchange
Wednesday, 8 June, 2022

Apple Inc
Apple sidelines Goldman and goes in-house for lending service
Apple Pay Later will offer loans via new subsidiary instead of financing through a bank
Monday, 6 June, 2022

Apple Inc
Apple to offer buy now, pay later credit in challenge to Klarna and Affirm
Tech group announces short-term loans system even as pandemic ecommerce boom begins to wane
Tuesday, 31 May, 2022

Citigroup Inc
Citi may retain Russian banking licence despite trying to sell commercial arm
Chief executive says lender remains in country to help multinational clients wind up their businesses
Monday, 30 May, 2022

FintechFT
Payments and ecommerce tie the knot Premium content
Plus, Klarna’s big workforce cut and JPMorgan expects to lose up to $1bn on its new digital consumer bank
Friday, 27 May, 2022

JPMorgan Chase & Co
JPMorgan collects data on borrowers’ race in push against wealth gap
Programme set up in wake of George Floyd murder uses exemptions to boost lending to minorities
Wednesday, 18 May, 2022

US banks
Former Metro Bank boss Vernon Hill fights ousting at US lender
Board coup follows disputes over spending and contracts for Republic First Bancorp
Tuesday, 17 May, 2022

Berkshire Hathaway Inc
Buffett buys $3bn Citi stake in value-hunting stock splurge
Berkshire Hathaway exits Wells Fargo and buys up oil companies, quarterly disclosure shows
Monday, 16 May, 2022

FintechFT
Inside India’s complex relationship with crypto Premium content
Plus, FTX’s founder says Bitcoin has no future as a payments network and fintech M&A plummeted last month
Wednesday, 11 May, 2022

News in-depthAffirm Holdings, Inc
Affirm struggles to convince investors of fintech bona fides
‘Buy now pay later’ group becomes more reliant on loans amid plummeting share price
Tuesday, 10 May, 2022

US economy
Mortgages drive increase in US household debt to nearly $16tn
Credit card balances stand $71bn higher than a year ago but New York Fed says borrowers are in ‘very good shape’
Friday, 6 May, 2022

US economy
Rising mortgage rates force US homebuyers to stretch their budgets
Shoppers settle for less space and take second jobs in response to declining affordability
Monday, 2 May, 2022

FintechFT
Crypto crackdown stifles China’s ability to offshore cash Premium content
Plus, Yuga Labs rakes in $285mn from virtual plots of land and Brussels charges Apple with market power abuse
Friday, 22 April, 2022

Coronavirus economic impact
Amex says business travel rebound is gaining momentum
Spending among big companies inches closer to pre-pandemic level as Covid-19 fears recede
Wednesday, 20 April, 2022

ExplainerRussian economy
Russia reaps reward of domestic payment system after Visa and Mastercard withdraw
Planning highlights risk for western powers that sanctions reorder the international payments landscape
Monday, 18 April, 2022

Bank of America Corp
Bank of America offers rosy revenue outlook as lending rebound boosts results
US lender projects 20% rise in net interest income in second quarter
Thursday, 14 April, 2022

US banks
Wall Street banks detail Russia losses and warn of more volatility
Executives say losses are manageable but are wary of possible spillover effects
Thursday, 14 April, 2022

Citigroup Inc
Citi profits tumble as bank warns it could lose $3bn in Russia
US lender says Russian exposure has fallen to $7.8bn this quarter
Thursday, 7 April, 2022

Cyber Security
US brings foreign banks into intelligence-sharing fold
Agencies take unusual step of disseminating assessments with overseas lenders to bolster cyber defences