Big banks cook up new way to unload risk
JPMorgan Chase, Morgan Stanley, and U.S. Bank and others are selling complex debt instruments to private-fund managers as a way to reduce...
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Ambani Brings Internet to India's Poorest
Mukesh Ambani has kickstarted efforts to expand 4G data access in India, where internet usage is still capped at 28% of the total...
Robinhood Announces Plans to IPO
The commission-free stock trading app confirmed plans to go public, and intends to hire a CFO in the process. Despite its increased...
Will The Arrival of Western Ratings Agencies Quell Concerns About Chinese Corporate Debt?
Offshore investors in Chinese bonds have steered clear of corporate debt due to concerns over the reliability of domestic rating...
S&P Plans Customized Credit-Ratings Scale for China
As Moody's, Fitch, and S&P Global set up shop in China, investor concern rises due to the possibility of inflated credit ratings....
UBS To Close SmartWealth Robo-Advisor
UBS has announced that it is closing its robo-advisor and selling the technology to US-based SigFig. The bank cites the limited...
Fitch and S&P To Launch China Credit-Rating Units
The two American rating agencies announced plans to establish operations in the country. The announcement comes amidst rising corporate...
Getting Your Finances in Order? Here Are Some Tools to Help
From budgeting to credit monitoring, the New York Times lists its favorite fintech tools for managing your personal finances.
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Whether it’s budgeting, planning your debt payoff, or monitoring your credit, your financial life needs regular, reliable attention. The...…
Funding Circle Announces Plans to IPO
The London based peer-to-peer lender plans to list shares on the London Stock Exchange. The deal could reach a $390 million valuation.
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“Today’s announcement is the start of the next stage in our exciting and transformational journey,” Samir Desai, CEO and co-founder of...…
Uber Launches Venmo Payment Integration
Over a year after a similar partnership was made with Apple Pay, Uber and Uber Eats customers can now pay through their Venmo accounts.
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Rides and delivery noodles are always better when they’re shared. Now it’s easy to split a ride home from a concert or share the cost of...…
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