Finance

US consumer finance watchdog says it will replace Biden-era ‘open banking’ regulations

US consumer finance watchdog says it will replace Biden-era ‘open banking’ regulations

WASHINGTON (Reuters) -The top U.S. watchdog for consumer finance asked a federal court on Tuesday to pause an industry lawsuit seeking to strike down “open banking” regulations adopte...

Read More
Check Call: Long live Convoy

Check Call: Long live Convoy

(GIF: GIPHY) In a striking move, digital freight forwarder Flexport has sold the core Convoy technology platform it acquired in late 2023 to DAT Freight & Analytics for approximately $250...

Read More
U.S. covered call funds attract record inflows as investors seek yield

U.S. covered call funds attract record inflows as investors seek yield

By Patturaja Murugaboopathy (Reuters) -U.S. covered call funds are drawing robust inflows this year as investors search for higher returns and protection from broader market volatility because of ...

Read More
What it’s like to intern at Goldman’s sales and trading division during a record-breaking year

What it’s like to intern at Goldman’s sales and trading division during a record-breaking year

Steven Henry (left) and Jennifer Roth (Rright) of Goldman Sachs.Goldman Sachs Sales and trading divisions in Wall Street banks have been raking in record revenues. BI spoke to a Goldman ...

Read More
Analysis-The most precarious job in America’s boardrooms: CEO

Analysis-The most precarious job in America’s boardrooms: CEO

By Svea Herbst-Bayliss and Isla Binnie NEW YORK (Reuters) -U.S. companies are removing their CEOs at the fastest clip in two decades, data shows, as increased scrutiny from shareholders and board...

Read More
Prosus-owned iFood buys stake in Brazil’s CRMBonus

Prosus-owned iFood buys stake in Brazil’s CRMBonus

SAO PAULO (Reuters) -Brazilian food delivery platform iFood, owned by Dutch investment group Prosus, said in a statement on Tuesday it has taken a 20% stake in technology company CRMBonus. The de...

Read More