Browsing: billion

Key insight: Nvidia’s investment underscores AI infrastructure as a strategic banking differentiator for Revolut.Supporting data: Revolut revenue rose 72% to $4.0 billion in 2024; customer base…

Skims underwear is displayed on a shelf at a Nordstrom store on March 25, 2025 in Corte Madera, California. Justin Sullivan | Getty ImagesKim Kardashian’s Skims brand…

Key insight: A Luxembourg court ruled HSBC owes restitution to a Madoff investor fund, finding the bank was negligent in its custodial role.Supporting data: The $1.1…

A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico, on June 14, 2024.Henry Romero | ReutersHSBC said…

Upgrade CEO Renaud Laplanche speaks at a conference in Brooklyn, New York, in 2018.Alex Flynn | Bloomberg via Getty ImagesUpgrade, the online lender started by LendingClub…

Key insight: The U.S. and U.K. took coordinated action against two vast criminal networks in Southeast Asia involved in human trafficking and financial fraud.What’s at stake:…

JPMorgan Chase on Monday said it is launching a decade-long plan to help finance and take direct stakes in companies it considers crucial to U.S. interests.The…

Traders work on the floor of the New York Stock Exchange. NYSEShares of New York Stock Exchange parent, Intercontinental Exchange, rose more than 3% in the…

Guillaume Pousaz, CEO and founder of payment platform Checkout.com, speaking at the annual Web Summit technology conference in Lisbon, Portugal, in 2022.Horacio Villalobos | Getty ImagesLONDON…

There are two big winners for the $1.787 billion Powerball jackpot — and one could face a bigger tax bill.Winning tickets sold in Missouri and Texas…