Are America's 129.9 million outstanding retail credit cards with rates of 33% a ticking time bomb? Or is it business as usual?
Banking
2025 Fintech Trends Are Looking up: Growth & dealmaking for fintech pros; cool innovation from Startups, Big Banks, and Big Tech for consumers.
The fintech golden era suggested tech firms could engage in or power financial services without all the burdensome regs. Not true, as CFPB's Apple Card enforcement now shows.
JPMorgan CEO Jamie Dimon on AI, IPOs, Fed cut path, role of government, and the ideal president
Here are the 3 top JPMorgan Chase candidates to replace Jamie Dimon as CEO when he steps down within 5 years. Also: Jamie Dimon For President!
Since falling in 2008, Citigroup stock hasn’t recovered. Will Jane Fraser’s turnaround work?
Are incumbent banks now better at innovation than fintech software firms?
Between 40% and 60% of software development now being done at financial institutions is in-house and, in a few pioneering cases, it is 80% or more.
Goldman Sachs buy side betting U.S. commercial real estate near bottom
We think we're going to bump along the bottom for a while, as a lot of these over-levered situations get worked through.
CNBC reports Capital One’s $35.3b acquisition of Discover has $1.38 billion breakup fee if rival bid emerges, but none if regulators kill deal
Why Capital One’s proposed $35 billion deal to buy Discover Financial may transform banking for the paycheck-to-paycheck economy
If Capital One’s $35b Discover bid is approved, it creates a formidable rival to American Express, Visa, and Mastercard
2024 bank failures, plus real estate and crypto outlook from key insiders
Heads of America's largest banks, including JPMorgan Chase, Bank of America, Citigroup, and Goldman Sachs are trying to help Washington see consumer impacts of proposed bank capital rules
Home improvement lender GreenSky was largest fintech IPO of 2018, Goldman bought it for $2.24b in 2022, and is now selling it. Here’s how it went downhill.
Figure didn’t withdraw its bank charter application because it couldn’t become a bank. It no longer wants to be a bank. Here’s why.
