PNC parlays its BlackRock cash into $11.6 billion BBVA deal
(Bloomberg) --PNC Financial Services Group Inc. agreed to buy Banco Bilbao Vizcaya Argentaria SA’s banking operations in the U.S. for...
WhatsApp gets India permit to go live with payments service
India allowed Facebook Inc. to start operating its WhatsApp payments service in the world’s biggest open technology market. WhatsApp pay...
Visa to face U.S. antitrust suit over Plaid acquisition
The U.S. Justice Department sued to block Visa Inc.’s $5.3 billion acquisition of Plaid Inc., accusing Visa of trying to...
Nasdaq futures surge with Trump odds rising in election outcome
U.S. equity tech futures surged more than 3.5% as election results pointed to a tight race in the American presidential...
PBOC governor says 4 million transactions so far in digital yuan
Yi Gang, governor of the People’s Bank of China, said a pilot program on the rollout of a digital currency...
Visa $5.3 billion Plaid deal triggers DOJ antitrust worries
Visa Inc.’s $5.3 billion acquisition of Plaid Inc. has raised competition concerns at the U.S. Justice Department, which is nearing...
Jack Ma’s Ant set to raise $35 billion in biggest-ever IPO
Jack Ma’s Ant Group Co. is set to raise about $34.5 billion through initial public offerings in Shanghai and Hong...
Jack Ma blasts global financial regulators’ curbs on innovation
Alibaba Group founder Jack Ma criticized global financial regulations for stifling innovation and urged China to seek a system that...
U.S. explores restrictions on Ant Group, Tencent payment systems
The Trump administration is exploring restrictions on billionaire Jack Ma’s Ant Group as well as Tencent Holdings Ltd. over concerns...
Nexi said to eye Denmark’s Nets in new blockbuster payments play
Nexi SpA is already hunting for its next target after agreeing a milestone payments merger with Italian rival SIA SpA,...
