Fintech firm Mercury hits $5.2 billion valuation after funding round, up 49% in 14 months
Immad Akhund, CEO and co-founder of the startup Mercury.Courtesy: Mercury TechnologiesMercury, a fintech firm that provides banking services to startups, ...
Tag: Banks
Standard Chartered to cut over 15% of corporate functions roles as it targets higher returns
Standard Chartered on Tuesday announced it would cut more than 15% of its corporate functions roles by 2030, while setting higher medium-term profitability ...
JPMorgan Chase-led bank group reins in credit line to troubled KKR private credit fund as losses mount
The JPMorgan Chase & Co. building before the ribbon cutting ceremony, at the firm's new headquarters at 270 Park Avenue, ...
Anthropic’s Mythos set off a cybersecurity ‘hysteria.’ Experts say the threat was already here
Dario Amodei, co-founder and chief executive officer of Anthropic, at the AI Impact Summit in New Delhi, India, on Thursday, ...
Asian Development Bank’s $70 billion energy and digital infra push puts Southeast Asia center stage
A solar power plant in Vietnam's Tay Ninh Province. Singapore's central bank is backing bio-energy and solar projects in Southeast ...
Apollo CEO Rowan warns of market correction, slams ‘egregious’ practices at rival insurers
Marc Rowan, chief executive officer of Apollo Global Management LLC, speaks during an interview on an episode of Bloomberg Wealth ...
Anthropic CEO warns of cyber ‘moment of danger’ as AI exposes thousands of vulnerabilities
Dario Amodei, CEO and co-founder of Anthropic, left, and Jamie Dimon, CEO of JPMorgan Chase.Denis Balibouse | Reuters | Samuel ...
UniCredit CEO says taking control of Commerzbank ‘not the expected scenario’
Andrea Orcel, chief executive officer of Unicredit, in London, UK, on Thursday, Nov. 23, 2023. Bloomberg | Bloomberg | Getty ImagesUniCredit ...
HSBC first-quarter pre-tax profit misses estimates on wider-than-expected credit losses
Europe's largest lender HSBC on Tuesday reported first-quarter pre-tax profit of $9.4 billion, marginally missing analysts' estimates on the back ...
Anthropic teams with Goldman, Blackstone and others on $1.5 billion AI venture targeting PE-owned firms
Anthropic CEO Dario Amodei looks on after a meeting with French President Emmanuel Macron during the AI Impact Summit in ...
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