Banks

China’s central bank renewed its tough talk on bitcoin, calling all digital currency activities illegal and vowing to crack down on the market.

ECB President Christine Lagarde has told CNBC that she thought her tenure at the Frankfurt-based institution would have been a bit “more quiet.”

It comes at a time when global stock markets are on high alert over Evergrande’s massive debt problems.

“Energy is going to be a matter that will probably stay with us longer,” ECB President Lagarde told CNBC in an exclusive interview.

Billionaire investor Mark Cuban is bullish on the growth of DeFi, or decentralized finance, applications.

The mortgage market is unprepared for the multifold physical and financial risks related to climate change, according to the Mortgage Bankers Association.

It comes after U.K. economic growth slowed in July and consumer price inflation saw its largest month-on-month increase since records began in January 1997.

After cutting rates three times in 2020, Norway’s central bank unanimously decided to raise rates to 0.25% from zero.

Chinese regulators are trying to regulate Ant Group in line with other financial institutions offering lending products.

Federal Reserve Chairman Jerome Powell on Wednesday said the central bank’s current trading rules are insufficient and promised to make changes.

The Fed is sticking with its near zero rate policy for now, yet borrowing costs may start to edge higher anyway.

JPMorgan has been acquiring start-ups at a steady clip since CEO Jamie Dimon declared last year that he would be “much more aggressive” in searching for deals.

Revolut hopes to crack the U.S. market with free stock trading.

Blue-lining is when banks or mortgage lenders draw lines of risk around certain neighborhoods and streets, often without clear disclosure.

Suspicious trades were made before Goldman’s $2.2 billion acquisition of GreenSky, indicating insider trading, options experts said.

The move will see JPMorgan take on Britain’s high street banks as well as challengers like Monzo.

The FDIC will this week unveil an investment fund that offers investors a way to support banks owned by and in support of people of color.

Figuring out how to make the right financial moves can feel daunting.

Acorns is stocking up on seasoned managers ahead of its expected public listing later this year.

Goldman Sachs is taking another step into the realm of consumer finance with the $2.24 billion acquisition of GreenSky.