Banking/Credit

When Jean Chalopin applied to buy a tiny bank in Washington state nearly three years ago, he made modest promises to bring not-so-new innovations such as ATM…

Madonna sang the praises of nonfungible tokens, or NFTs, depicting cartoon portraits of bored apes. Tampa Bay Buccaneers quarterback Tom…

The market’s comeback in 2023 has been very bad news for one group: short sellers.Short sellers profit from stock declines by borrowing shares of companies that they believe are overvalued,…

The Justice Department on Friday asked a federal judge to bar FTX founder Sam Bankman-Fried from communicating with current and former…

Sachin Mehra, chief financial officer of Mastercard Inc., was named an…

Stripe Inc., one of Silicon Valley’s most valuable startups, is moving closer to what could be one of the biggest public-market debuts in recent memory.Stripe co-founders Patrick and…

Big banks are teaming up to launch a digital wallet that people can use to shop online. Wells Fargo WFC 2.53%…

Crypto companies seeking to go public over the past year have faced increased scrutiny from the Securities and Exchange Commission, as financial distress and failures spread across the…

The late-night bankruptcy filing of Genesis Global Capital LLC last week marked the end of an era for crypto lenders that tried to bring the centuries-old business model of banking to the…

Cryptocurrency lender Genesis Global Holdco LLC and two of its lending subsidiaries filed for bankruptcy protection late Thursday night in New York, the latest domino to fall after the…