Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe | Bloomberg via Getty Images Swedish fintech firm Klarna will be the exclusive provider of buy now, pay later loans for Walmart, taking a coveted partnership away from rival Affirm, CNBC has learned. Klarna, which just…
NY Attorney General Letitia James speaks during a press conference at the offices of the Attorney General on January 08, 2025 in New York City. Michael M. Santiago | Getty Images New York Attorney General Letitia James on Thursday announced a bill to protect the state’s consumers and small businesses from scams and deceptive practices…
Jamie Dimon, CEO of JPMorgan Chase, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of debanking on Thursday, February 13, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images For years, American financial companies have fought the Consumer Financial Protection…
Senator Richard Blumenthal, D-CT, speaks during a Senate Judiciary Committee hearing on the January 6th insurrection, in the Hart Senate Office Building on Capitol Hill in Washington, DC, March 2, 2021. Graeme Jennings | Pool via Reuters Sen. Richard Blumenthal this week pressed Visa for detailed plans and documents related to its deal to provide…
Jim Dyson | Getty Images News | Getty Images Citigroup mistakenly credit a customer’s account with $81 trillion last year when it meant to send just $280. The payment, which took place last April, was missed by two employees but caught 90 minutes after it was posted, the Financial Times first reported Friday. It was…
Jonathan McKernan, U.S. President Donald Trump’s nominee to be the director of the Consumer Financial Protection Bureau, sits on the day he testifies during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 27, 2025. Annabelle Gordon | Reuters President Donald Trump’s pick to lead the…
Russell Vought, director of the Office of Management and Budget (OMB) nominee for US President Donald Trump, during a Senate Budget Committee confirmation hearing in Washington, DC, US, on Wednesday, Jan. 22, 2025. Al Drago | Bloomberg | Getty Images The Consumer Financial Protection Bureau‘s new leadership on Thursday dismissed at least four enforcement lawsuits…
The WNBA offseason has been in full swing for about a month, with blockbuster trades and free-agent signings dominating headlines in the flourishing league. But until Sunday night, the Washington Mystics were on the sidelines. Source link
JPMorgan Chase CEO Jamie Dimon on Monday said the U.S. government is inefficient and in need of work as the Trump administration terminates thousands of federal employees and works to dismantle agencies including the Consumer Financial Protection Bureau. Dimon was asked by CNBC’s Leslie Picker whether he supported efforts by Elon Musk‘s advisory body, the…
BlackRock has been on a buying spree that will change the makeup of the world’s biggest asset manager. BlackRock announced last year a slew of high-profile acquisitions — including a $12 billion deal to buy private credit manager HPS Investment Partners (HPS), which is expected to close in mid-2025; a $12.5 billion purchase of infrastructure…
