Wednesday, February 28, 2024
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Klarna, Europe’s $6.7 billion buy now, pay later firm, sets wheels in motion for eventual IPO

"Buy-now, pay-later" firm Klarna aims to return to profit by summer 2023.Jakub Porzycki | NurPhoto | Getty ImagesBuy now, pay later firm Klarna has...

Big banks are quietly cutting thousands of employees, and more layoffs are coming

The largest American banks have been quietly laying off workers all year — and some of the deepest cuts are yet to come.Even as...

Hopes high that UK will remain a leading financial hub

In this year’s edition of Lloyds Bank’s Financial Institutions Sentiment Survey, the lender compiled insights from more than 100 senior personalities and decision-makers at...

Barclays to cut more than 450 jobs despite billion-pound quarterly profits

The union pointed out that the cuts come despite the banking giant making more than £1 billion in profit in the second quarter of...

Runners and riders for the EU’s bank job

Press play to listen to this article Voiced by artificial intelligence. BRUSSELS ― Running the European Investment Bank used to be something of an afterthought for...

The specter of Liz Truss still haunts Britain

LONDON — A year is a long time in politics — but the reverberations of the surreal fall of 2022 are still being felt across...

CNBC Daily Open: Tech is back

Nvidia headquarters in Santa Clara, California, US, on Monday, June 5, 2023.Marlena Sloss | Bloomberg | Getty ImagesThis report is from today's CNBC Daily...

From banking giants to lending up-and-comers — here are the world’s top 200 fintech companies

From across the globe, spanning a diverse range of applications in finance — these are the world's top 200 fintech companies.Together, CNBC and independent...

Why Britain still can’t stop talking about Nigel Farage

Press play to listen to this article Voiced by artificial intelligence. LONDON — He promised us he’d retired from the political scene. But two-and-a-half years after quitting...

European stocks nudge higher, with earnings and central banks in focus

LONDON — European markets were slightly higher on Tuesday as investors assessed economic data and corporate earnings, while gearing up for a big week...

European markets set for mixed open ahead of busy earnings week, ECB meeting

LONDON — European markets are expected to open in mixed territory Monday as investors digest the inconclusive results of Spain's election and look ahead...

European markets flat ahead as traders react to earnings, look ahead to Spanish election

LONDON — European markets were flat on Friday as investors digested a fresh round of corporate earnings and looked ahead to a crucial Spanish...

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