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Best Banks in America

 

Santander will have a full-service digital bank in US by end-2025, chair says

Santander will have a full-service digital bank in US by end-2025, chair says

25 Oct 2024
Spanish lender Santander will have a full-service digital bank in the United States by the end of 2025, its executive chair, Ana Botin, said on Thursday.
US accuses Visa of monopolizing debit card swipes

US accuses Visa of monopolizing debit card swipes

25 Sep 2024
Visa shares took a hit on Tuesday after the U.S. Department of Justice filed a lawsuit accusing it of violating antitrust law by suppressing competition by threatening merchants with high fees and paying off potential rivals.
Banks say growing reliance on Big Tech for AI carries new risks

Banks say growing reliance on Big Tech for AI carries new risks

07 Jun 2024
The boom in artificial intelligence will increase banks’ dependence on big U.S. tech firms, creating new risks for the industry, European banking executives said.
US regulators add artificial intelligence to potential financial system risks

US regulators add artificial intelligence to potential financial system risks

15 Dec 2023
Rapid adoption of artificial intelligence (AI) could create new risks for the U.S. financial system if the technology is not properly supervised, a panel of regulators warned on Thursday.
SoftBank's Arm registers for blockbuster U.S. IPO
01 May 2023

SoftBank's Arm registers for blockbuster U.S. IPO

SoftBank Group Corp’s chip maker Arm Ltd has filed with regulators confidentially for a U.S. stock market listing, Arm said on Saturday, setting the stage for this year’s largest initial public offering.
Voyager gets initial approval for $1 billion Binance deal amid national security concerns

Voyager gets initial approval for $1 billion Binance deal amid national security concerns

11 Jan 2023
Bankrupt crypto lender Voyager Digital received initial court approval on Tuesday for a proposed $1 billion sale of its assets to Binance.US, and said it will seek to expedite a U.S. national security review of the deal. 
U.S. lawmakers introduce bill to restrict Huawei's access to banks

U.S. lawmakers introduce bill to restrict Huawei's access to banks

14 Dec 2022
U.S. lawmakers have introduced a bipartisan bill to sanction Chinese tech company Huawei Technologies Ltd and Chinese 5G companies, restricting them from accessing U.S. banks.
Crypto hedge fund Three Arrows files for Chapter 15 bankruptcy

Crypto hedge fund Three Arrows files for Chapter 15 bankruptcy

04 Jul 2022
Crypto hedge fund Three Arrows Capital (3AC) is seeking protection from creditors in the United States under Chapter 15 of the U.S. Bankruptcy Code, which allows foreign debtors to shield U.S. assets, according to a court filing on Friday.
HSBC buys virtual plot of land in digital push

HSBC buys virtual plot of land in digital push

18 Mar 2022
HSBC is buying a plot of virtual real estate in an online gaming space called The Sandbox for an undisclosed sum, the bank’s first major foray into the metaverse as it shrinks its UK branch network.
JPMorgan to buy Irish fintech firm Global Shares
15 Mar 2022

JPMorgan to buy Irish fintech firm Global Shares

JPMorgan Chase & Co said on Tuesday it would buy Global Shares, an Irish fintech firm whose software helps businesses manage employee stock plans.

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