Goldman-backed Starling Bank hit with $38.5 million fine for financial crime prevention failures
London’s Financial Conduct Authority said it has fined Starling “for financial crime failings related to its financial sanctions screening.”
Finance
Facebook owner Meta forms data-sharing pact with UK banks to counter scams
Meta is working with U.K. banks NatWest and Metro Bank on an information-sharing agreement to help them prevent customers from falling victim to fraud.
With Hurricane Helene disrupting travel, here’s what fliers need to know
Travelers impacted by Hurricane Helene’s destruction in the Southeast U.S. may be out of luck when it comes to financial compensation.
Stocks making the biggest moves midday: Lockheed Martin, Paychex, CVS and more
These are the stocks posting the largest moves in midday trading.
Mastercard to buy Swedish startup that makes it easier to manage and cancel subscription plans
The payments giant touted the deal as a way to help consumers with a key pain point — managing the myriad subscription services that exist today.
Charles Schwab CEO Walt Bettinger to retire at end of 2024, Rick Wurster to replace him
After 16 years leading the brokerage firm, Bettinger will be replaced by an internal CEO hire.
Stocks making the biggest moves premarket: Ford, Clorox, Boeing, Pinterest and more
These are the stocks posting the largest moves in premarket trading.
London-based Robinhood rival Freetrade buys UK arm of Australian investing platform Stake
British retail investing app Freetrade has entered into an agreement with Australian rival Stake to take on all of the company’s U.K. clients and their assets.
Robinhood launches crypto transfers in Europe as it pushes overseas expansion
Retail investing platform Robinhood is setting sights on an EU expansion as part of broader plans to increase its global foothold.
China’s stock surge has echoes of the 2015 bubble. What’s different this time
The rocket up in Chinese stocks so far looks different from the market bubble in 2015, analysts said.