Financials

Bank of America announces it will mobilize an additional $300 billion in capital by 2030 through its Environmental Business Initiative. This third com

Societe Generale SA (SCGLF.PK, SCGLY.PK) is considering to cut jobs at its investment bank and find a partner for its cash-equity business in a bid to offset increasing cost pressure from regulation, Bloomberg reported citing people familiar with the matter.

Together, Brookfield and Oaktree will provide global investors with one of the most comprehensive offerings of alternative investment products available in the marketplace todayHoward Marks, Bruce Karsh, and other members of Oaktree Capital Group Holdings, L.P. will own 38% and retain operating control of Oaktree

Major cryptocurrency payment services provider BitPay has onboarded former Worldpay U.S. executive Glen Braganza as its CFO.

JPM Coin, the first of its kind from a major bank, will initially be used to transfer funds over a blockchain network internally and between internationally between institutional clients.

Supports Efforts to Transform and Accelerate Growth of Mastercard Bill Pay Exchange PURCHASE, N.Y. – May 3, 2019 – Mastercard (NYSE: MA) today announced it has entered into an agreement to acquire Transactis, a platform that helps businesses deliver bills and receive payments through one simple-to-navigate experience. In today’s digital

Blackstone (NYSE:BX) today announced that funds affiliated with Blackstone Infrastructure Partners (BIP), have made a growth-oriented investment in Ca

Venezuelan government has reported the sanctions against it by the US government to the World Trade Organization, including ones imposed against its controversial cryptocurrency efforts. While describing the sanctions leveled against the country as biased, the country said the US is infringing on Venezuela’s rights under the General Agreement on Tariffs and Trade (GATT) signed...

WASHINGTON — Sales of new U.S. homes slumped 1.7 percent in July, the second straight monthly decline as the broader housing market appears to have lost some of its momentum despite an otherwise so…

Visa has launched a new ePayment processing system called VisaNet in Argentina, the company announced on Tuesday (Jan. 29). The company said the new service will bring new ways to pay and new services to Argentinian cardholders, shopkeepers and banking institutions. The launch will increase Visa’s slice of the domestic transaction pie in the region...