Deutsche Bank renews effort to shrink Russian IT operations
Deutsche Bank AG is reviving a push to cut reliance on its IT center in Russia as it seeks to...
First Citizens to buy SVB after biggest failure since 2008
First Citizens BancShares Inc. agreed to buy Silicon Valley Bank after a run on deposits wiped out the company in...
Europe tech startups doubled debt financing in fundraising shift
European technology startups nearly doubled the amount of debt they took on last year, leaving them increasingly dependent on financing...
UBS Erases Losses as Investors Weigh Credit Suisse Deal Impact
UBS Group AG erased losses while investors digested the drawbacks and potential upside of its Credit Suisse Group AG takeover,...
OpenAI Partners With Payment Firm Stripe to Monetize ChatGPT
OpenAI will use Stripe Inc. to take payments and subscriptions for its artificial intelligence tools ChatGPT and Dall-E, which it’s...
SVB, Stripe Expose Shockwaves of a Long-Shuttered US IPO Market
Silicon Valley Bank’s collapse is just the latest example of how a historic slowdown in IPOs is producing a minefield of unexpected...
Silicon Valley Bank swiftly collapses after tech startups flee
Silicon Valley Bank became the biggest US lender to fail in more than a decade after a tumultuous week that...
SVB races to prevent bank run as funds advise pulling cash
Unease is spreading across the financial world as concerns about the stability of Silicon Valley Bank prompt prominent venture capitalists...
Apple expands testing of ‘buy now, pay later’ service to retail employees
Apple Inc. has expanded an internal test of its upcoming “buy now, pay later” service to the company’s thousands of...
Paytm shares climb after payments giant reports narrower loss
Shares of Paytm rose after India’s leading digital payments brand posted a narrower third-quarter loss with a surge in revenue....
