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Banks

Dutch neobank Bunq hopes to secure UK banking license this year

by Ev Richard
Dutch neobank Bunq hopes to secure UK banking license this year

Dutch digital bank Bunq is plotting re-entry into the U.K. to tap into a “large and underserved” market of some 2.8 million British “digital nomads.” Pavlo Gonchar | Sopa Images …

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Categories Technology

How East West Bancorp has gained an edge by serving the Asian American community

by Adrian Jhonsan
How East West Bancorp has gained an edge by serving the Asian American community

Despite the heightened scrutiny around regional banks, little-known East West Bancorp has been able to pull ahead thanks to a key customer base: Asian Americans. East West Bancorp shares have …

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Categories World

Consumers, businesses have turned cautious

by Adrian Jhonsan
Consumers, businesses have turned cautious

Bank of America Chairman and CEO Brian Thomas Moynihan speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in …

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Categories World

Wells Fargo CEO talks up reasons to love the stock — plus, why the market drop

by Milton Acorn
Wells Fargo CEO talks up reasons to love the stock — plus, why the market drop

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market …

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Categories Science

Here’s when paying with cash can be better than credit card

by Adrian Jhonsan
Here’s when paying with cash can be better than credit card

Ryanjlane | E+ | Getty Images Sometimes, it pays to pay with cash.   More merchants are offering a lower price to customers who use cash rather than credit card …

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Categories World

JPMorgan sees India, Japan as bright spots in Asia’s equity and M&A markets

by Adrian Jhonsan
JPMorgan sees India, Japan as bright spots in Asia’s equity and M&A markets

India and Japan are two bright spots in Asia’s “supremely interesting” markets, JPMorgan’s Filippo Gori said at the bank’s Global China Summit on Thursday, referring to the region’s equity as …

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Categories World

Dow sinks 600 points, Nvidia soars

by Adrian Jhonsan
Dow sinks 600 points, Nvidia soars

NVIDIA’s founder and CEO Jensen Huang delivers a keynote address on the latest innovations in AI, during a developers conference at the SAP Center in San Jose, California, on March …

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Categories World

Nvidia shares top $1,000 on AI boom

by Adrian Jhonsan
Nvidia shares top ,000 on AI boom

A sign is posted in front of Nvidia headquarters on May 21, 2024 in Santa Clara, California.  Justin Sullivan | Getty Images This report is from today’s CNBC Daily Open, …

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Categories World

Citi fined $79 million by British regulators over fat-finger trading and control errors

by Adrian Jhonsan
Citi fined  million by British regulators over fat-finger trading and control errors

People walk by a CitiBank location in Manhattan on March 01, 2024 in New York City.  Spencer Platt | Getty Images LONDON — British regulators on Wednesday dished out a …

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Categories World

Customers say they can’t access funds

by Adrian Jhonsan
Customers say they can’t access funds

Sarinyapinngam | Istock | Getty Images A dispute between a fintech startup and its banking partners has ensnared potentially millions of Americans, leaving them without access to their money for …

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Categories World
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