By Gabrielle Saulsbery | Banking Dive Published September 29, 2026 In a sudden leadership transition that has sent ripples through the upper echelons of Sumitomo Mitsui Banking Corp. (SMBC) Americas, the firm announced on Monday that Chief Operations Officer Greg Keeley is no longer with the organization. The departure, effective immediately, marks the end of…
WASHINGTON – In a significant victory for consumer advocacy groups and state regulators, Enova International, a major player in the online lending sector, has officially withdrawn its application to acquire Grasshopper Bank. The move concludes a high-stakes regulatory battle that pitted the financial technology firm against a coalition of consumer watchdogs who feared the deal…
In a major leadership transition signaling the next phase of its post-scandal recovery, Wells Fargo announced on Wednesday that current Chief Operating Officer (COO) Scott Powell will transition into the role of Chief Risk Officer (CRO). Powell is set to succeed Derek Flowers, a nearly 30-year veteran of the San Francisco-based banking giant, who will…
WASHINGTON, D.C. — September 15, 2026 — In a significant development for consumer protection advocates, Enova International, one of the nation’s most prominent online lenders, has officially withdrawn its application to acquire Grasshopper Bank. The move signals a major setback for the "fintech-to-bank" pipeline that has long been criticized for attempting to bypass state-level consumer…
By PYMNTS | September 21, 2026 Main Facts Used car retail giant CarMax has announced a reduction of approximately 4% of its corporate workforce, impacting roughly 145 employees. According to company statements, the structural adjustments are designed to foster a "leaner" operational framework, enabling the organization to move with greater agility and establish tighter alignment…
Main Facts The native utility token of the privacy-centric artificial intelligence ecosystem Venice AI—trading under the ticker VVV—reached a landmark all-time high of $34.51 on Sunday. The milestone underscores a blistering rally that has seen the token climb roughly 17% over a 24-hour window and an astounding 3,000% since hitting a cycle low of $0.92…
NEW YORK — In a monumental display of institutional confidence, JPMorgan Chase, the largest financial institution in the United States, has initiated a massive $750 billion strategic capital deployment into the American housing sector. Announced against a backdrop of shifting macroeconomic indicators and a cooling residential market in late 2026, the move signals a high-stakes…
WASHINGTON — Investment in digital assets has officially graduated from a niche, tech-enthusiast subculture into a mainstay of modern American finance. Recent data indicates that approximately one in five U.S. adults now report holding, investing in, or utilizing cryptocurrency. This mainstream adoption follows a meteoric market expansion that saw the total market capitalization of cryptocurrencies…
By Global Tech & Markets Desk September 18, 2026 Artificial intelligence powerhouse Anthropic is reportedly setting the stage for a historic stock market debut, targeting a November initial public offering (IPO) that could value the company at an eye-watering $2 trillion. According to reports from The Wall Street Journal and The New York Times citing…
Main Facts: The Resilience of the BRRRR Method in a Cooling Market Recent market data from the first quarter of 2026 highlights a shifting sentiment among real estate investors. According to a recent CNBC report, real estate investors purchased 23% fewer homes in Q1 2026 compared to the same period in 2025, as many market…
