Jenny Surane Bloomberg
- All
- News
-
Ajay Banga, Biden's Pick For World Bank, Has Spent Years Fighting Cash
The former chief executive officer of Mastercard Inc, Ajay Banga has spent years decrying the ways that consumers reliant on paper currency are left out of formal economies.
-
Citigroup Confronts Vaccine Holdouts In No Jab, No Job Mandate
Citigroup Inc. was the first major Wall Street bank to impose a strict Covid-19 vaccine mandate: Get a shot or face termination. With its deadline fast approaching, the company is preparing for action.
-
Chaos On Wall Street As Delta Variant Upends Return To Work
The call from Morgan Stanley's human resources office went out late Monday: Two vaccinated employees had Covid-19, and workers on the 14th floor of the firm's Times Square headquarters should stay away until the area could be cleaned.
-
Citi's New CEO Taps Old Strategy With Exits In India, 12 Other Markets
As Citigroup Inc. simplifies its sprawling businesses, new Chief Executive Officer Jane Fraser is reaching for a familiar playbook: her own.
-
Citi's $900 Million Mistake Happened In The Middle Of A Software Switch
For years Citigroup Inc. has been an anomaly among big banks, relying on an obscure piece of software it helped develop to manage loan payments. Just as the bank tried to replace it, things went terribly wrong.
-
Bank Customer Opens Mobile App And Finds An Extra $2.45 Billion
Days after Citigroup Inc. made headlines for accidentally sending $900 million to a group of lenders, a Bank of America Corp. customer in Massachusetts opened his account to find an even bigger cash infusion: $2.45 billion.
-
Citi Wired $900 Million In "Clerical Error", They Won't Hand Cash Back
Even for Citigroup Inc., it was big money. On Wednesday, loan operations staff at the New York bank wired $900 million, seemingly on behalf of Revlon Inc., to lenders of the troubled cosmetics giant controlled by billionaire Ron Perelman.
-
Facebook's Cryptocurrency Project: Who's in and Who's Out
Facebook made a renewed push into payments on Tuesday, announcing plans for a cryptocurrency called Libra.
-
Amazon Said to Offer Discounts to Expand Its Payment System
Amazon.com is said to be offering to pass along the discounts it gets on credit-card fees to other retailers if they use its online payments service.
-
Ajay Banga, Biden's Pick For World Bank, Has Spent Years Fighting Cash
The former chief executive officer of Mastercard Inc, Ajay Banga has spent years decrying the ways that consumers reliant on paper currency are left out of formal economies.
-
Citigroup Confronts Vaccine Holdouts In No Jab, No Job Mandate
Citigroup Inc. was the first major Wall Street bank to impose a strict Covid-19 vaccine mandate: Get a shot or face termination. With its deadline fast approaching, the company is preparing for action.
-
Chaos On Wall Street As Delta Variant Upends Return To Work
The call from Morgan Stanley's human resources office went out late Monday: Two vaccinated employees had Covid-19, and workers on the 14th floor of the firm's Times Square headquarters should stay away until the area could be cleaned.
-
Citi's New CEO Taps Old Strategy With Exits In India, 12 Other Markets
As Citigroup Inc. simplifies its sprawling businesses, new Chief Executive Officer Jane Fraser is reaching for a familiar playbook: her own.
-
Citi's $900 Million Mistake Happened In The Middle Of A Software Switch
For years Citigroup Inc. has been an anomaly among big banks, relying on an obscure piece of software it helped develop to manage loan payments. Just as the bank tried to replace it, things went terribly wrong.
-
Bank Customer Opens Mobile App And Finds An Extra $2.45 Billion
Days after Citigroup Inc. made headlines for accidentally sending $900 million to a group of lenders, a Bank of America Corp. customer in Massachusetts opened his account to find an even bigger cash infusion: $2.45 billion.
-
Citi Wired $900 Million In "Clerical Error", They Won't Hand Cash Back
Even for Citigroup Inc., it was big money. On Wednesday, loan operations staff at the New York bank wired $900 million, seemingly on behalf of Revlon Inc., to lenders of the troubled cosmetics giant controlled by billionaire Ron Perelman.
-
Facebook's Cryptocurrency Project: Who's in and Who's Out
Facebook made a renewed push into payments on Tuesday, announcing plans for a cryptocurrency called Libra.
-
Amazon Said to Offer Discounts to Expand Its Payment System
Amazon.com is said to be offering to pass along the discounts it gets on credit-card fees to other retailers if they use its online payments service.
