Citigroup is looking to get out of retail banking operations in Argentina and Brazil, two countries where it has had a retail and branch presence for more than a century. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Automotive giant General Motors Co., in what The Wall Street Journal said Thursday (Feb. 18) represented a move to help streamline funding costs and boost lending profits, is in the midst of running an Internet-based bank in Germany. It is also taking on retail deposits...
Another payments processor may be coming to the public equity markets. Bloomberg reported that the owners of Nets Holding A/S are looking at a number of options for the company, with an eye on an initial public offering. The newswire quoted unnamed sources familiar with...
Uber’s efforts to get a grip over the Chinese ride-hailing app market are coming at a cost much greater than what it might have imagined when it first rolled out its service in late 2013. Get the Full Story Complete the form to unlock this...
Here’s the good news: ISIS is strapped for cash and morale is low. Here’s the bad news: ISIS is strapped for cash and morale is low – and the terror group wants greenbacks. Get the Full Story Complete the form to unlock this article and...
Remember the big currency devaluation from China this past summer that crushed markets? No? Neither do investors, for the moment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Europe’s arguably better-run answer to Square, iZettle, has decided to broaden the purview of its business beyond the mPOS systems that put it on the map. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Japanese banking giant SoftBank Group said on Monday (Feb. 15) that, in an effort to help shore up its stock price — battered like so many telecom and tech peers but, in this case, due in part to its struggling mobile business, Sprint — it would buy...
Wall Street may go cuckoo for cocos. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...
