financial services
The Latest
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Visa, Plaid Cancel $5.3 Billion Merger
Visa, Plaid deal scrapped because of U.S. objections it would create a payment transactions monopoly. 
Visa, Plaid deal scrapped because of U.S. objections it would create a payment transactions monopoly. -
Charles Schwab To Cut 1,000 Jobs As Part Of TD Ameritrade Integration
Charles Schwab says those affected will have priority for any new positions within the combined company. 
Charles Schwab says those affected will have priority for any new positions within the combined company. -
Credit Suisse Acquires Controlling Share Of Chinese Joint Venture
Credit Suisse has increased its stake in its Chinese securities joint venture CSFS from 33.3 percent to 51 percent. 
Credit Suisse has increased its stake in its Chinese securities joint venture CSFS from 33.3 percent to 51 percent. -
Tencent-Backed Fintech Company Yeahka To List In Hong Kong
Online payment services provider Yeahka is reportedly seeking to raise as much as $300 million through a public listing in Hong Kong. 
Online payment services provider Yeahka is reportedly seeking to raise as much as $300 million through a public listing in Hong Kong. -
Hunan Province Imposes Total Ban On Peer-To-Peer Lenders
The Hunan Provincial-Local Financial Supervision Administration has now imposed an unprecedented blanket ban on all P2P lending activities throughout the region. 
The Hunan Provincial-Local Financial Supervision Administration has now imposed an unprecedented blanket ban on all P2P lending activities throughout the region. -
Home Credit Aims To Raise $1 Billion In Planned Hong Kong IPO
The Netherlands-based consumer and personal loans company aims to raise $1 billion in its planned initial public offering (IPO) in Hong Kong. 
The Netherlands-based consumer and personal loans company aims to raise $1 billion in its planned initial public offering (IPO) in Hong Kong. -
Global Payments And TSYS Merge In Massive $21.5 Billion Fintech Deal
Global Payments agreed to pay a 20 percent premium on TSYS's actual share prices amounting to $21.5 billion. 
Global Payments agreed to pay a 20 percent premium on TSYS's actual share prices amounting to $21.5 billion. -
TransferWise Is Europe's Largest FinTech Startup With $3.5 Billion Valuation
The London-based international money transfer services firm launched its secondary funding round, which brought up its valuation to double that of its valuation in 2017. 
The London-based international money transfer services firm launched its secondary funding round, which brought up its valuation to double that of its valuation in 2017. -
China’s Invite to Global Financial Sector Progresses
China has allowed Allianz SE and UBS Group AG to have more access to the country's $42 trillion financial industry. HSBC, among others, is also planning to stretch business further with one of the world's leading financial giants. 
China has allowed Allianz SE and UBS Group AG to have more access to the country's $42 trillion financial industry. HSBC, among others, is also planning to stretch business further with one of the world's leading financial giants. -
China aChina and Wall Street Execs Plan to Open China’s Finad Wall Street Execs Plan to Open China’s Financial Services SectorChina and Wall Street Execs Plan to Open China’s Financial Services Sector
China is taking another stab at opening its closed financial services sector but this time is asking Wall Street's advice on how to best bring this about. Reliable sources said Chinese government officials are seeking to reassure U.S. financial firms Beijing is truly receptive to their ideas. 
China is taking another stab at opening its closed financial services sector but this time is asking Wall Street's advice on how to best bring this about. Reliable sources said Chinese government officials are seeking to reassure U.S. financial firms Beijing is truly receptive to their ideas.
