Banks

The private and public sectors must collaborate to combat climate change by investing in sustainable energy and technology, Biden climate czar John Kerry said.

Oppenheimer Asset Management’s John Stoltzfus believes tech plays a key role in the reopening trade.

Greensill Capital is preparing to file for insolvency in the U.K., according to a report from The Financial Times on Wednesday.

Square’s new bank will offer FDIC-insured deposit accounts and loans to small businesses that have historically used the company for payment processing.

The country has a disinvestment target of 1.75 trillion rupees (about $24 billion) for the next fiscal year which starts on April 1.

Klarna is one of the world’s largest providers of “buy now, pay later” services.

Britain is one of the leading players in fintech globally, attracting $4.1 billion in venture capital investment last year.

The move to borrow against collections creates the risk of a leveraged boom and bust in the art market.

Standard Chartered on Thursday warned stock market valuations appear to have reached unsustainable levels amid a period of “speculative hype.”

The CFPB said Tuesday it may rewrite or undo Trump-era rules for certain mortgages. Consumer groups say those rules may lead banks to make riskier loans.

Klarna chief Sebastian Siemiatkowski said he’s worried about tweets promoting bitcoin and thinks regulators should act to protect people from potential losses.

Chase Bank will double its Homebuyer Grant in an effort to foster homeownership among Black and Latino communities.

“Potential investors confuse that cash is going down,” but “the strength of cash is just as strong as it was before” the pandemic, Brinks CEO Doug Pertz said.

Historically, banks have contributed to inequality through now-banned practices including redlining.

HSBC said its reported profit before tax for 2020 fell 34% from a year ago to $8.78 billion.

While rising Treasury yields create jitters on Wall Street, BTIG’s Julian Emanuel is looking to put money to work outside of Big Tech.

JPMorgan thinks bitcoin is an “economic side show,” despite the cryptocurrency’s monster rally.

The move is the first investment JPMorgan has made to help the bank access data and prices in the burgeoning market for private securities.

There’s been a noticeable difference between the pandemic and the global financial crisis of 2008.

Billionaire Ken Griffin defended his $2 billion investment in short seller Gabe Plotkin’s Melvin Capital amid the height of the GameStop mania.