Goldman Sachs-Backed Crypto Firm Circle Seeks $250 Mln In Funding: Report

Cryptocurrency startup Circle Internet Financial Ltd, which is backed by Goldman Sachs, is seeking to raise about $250 million in equity and debt, according to a report by technology news website The Information.

US Telecoms Giant AT&T Now Accepting Crypto Payments via BitPay

Telecom and media giant AT&T will now accept cryptocurrencies as a payment option through BitPay.

JPMorgan Chase Opens First Retail Branch in Greater Boston | Business...

JPMorgan Chase today announced the opening of its first retail branch in Greater Boston along with new lending commitments and investments in local wo

JPMorgan Reportedly To Cut Hundreds Of Jobs In Asset And Wealth-management...

JPMorgan Chase & Co. (JPM) is dismissing hundreds of workers in its asset and wealth-management division after a periodic review of staffing, Bloomberg reported citing people familiar with the matter.

Fed Leaves Rates Unchanged, Drops Reference To Gradual Rate Hikes

After raising interest rates by a quarter point last month, the Federal Reserve announced its widely expected decision to leave interest rates unchanged on Wednesday.

Rivian: Ford invests $500 million in electric pickup truck maker

Ford is investing $500 million in electric pickup truck maker Rivian, saying the two companies will work together to develop a new battery plug-in vehicle for Ford.

Citi To Begin Offering Direct Custody & Clearing Services To Clients...

Citi (C) said that it will begin offering Direct Custody & Clearing or DCC services to clients in Norway, starting mid-November. The new offering expands Citi's proprietary DCC network to over 60 markets globally including 37 markets across Europe, the Middle East and Africa or EMEA.

Tagomi Holdings Inc. Announces New Funding Led by Yale-Backed Paradigm Fund,...

Tagomi Holdings Inc. Announces New Funding led by Yale-backed Paradigm Fund, With Participation From Pantera and Other Prominent Clients

Lilly Announces Licensing Agreement for Non-Opioid Pain Asset from Centrexion Therapeutics

INDIANAPOLIS, May 28, 2019 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) today announced a license agreement to acquire the exclusive worldwide right

Goldman Sachs fires back after Malaysia charges bank in 1MDB probe

Goldman Sachs fired back that the previous Malaysian government had lied to the investment bank.