The Most Powerful Women in Finance, No. 21, Solita Marcelli, UBS
Despite being in the industry for 25 years, Marcelli still wakes up in the middle of the night to jot down ideas.
The Most Powerful Women in Finance, No. 24, Christina Minnis, Goldman Sachs
The imperative is to keep one eye on the business, and the other eye on talent. The former is fed by the latter.
The Most Powerful Women in Finance, No. 23, Jenny Johnson, Franklin Templeton
Under Johnson’s leadership, Franklin Templeton launched a private equity fund along with two real estate funds in 2024.
Why Paze turned to basketball for brand relevance
Eight years after its launch, Early Warning’s peer-to-peer payments platform Zelle is so ubiquitous it’s almost a verb. It’s looking for similar recognition for Paze in its jersey patch partnership with the NBA’s Atlanta Hawks.
Fed lowers Morgan Stanley’s stress capital requirement
In a unanimous vote, the Board of Governors moved to lower Morgan Stanley’s stress capital buffer requirement to 4.3%, down from a preliminary 5.1% based on this year’s stress test results.
Nubank applies for US bank charter
The Brazil-based neobank has 122.7 million customers in three countries and is focused on international expansion.
Wealthfront plans an IPO. A US shutdown may get in the way.
The robo-adviser fintech publicly released its S-1 filing on Monday, even as the threat of a government shutdown could chill the IPO market.
Why Fiserv plans to acquire deposit network StoneCastle
The acquisition would allow Fiserv network banks to insure larger deposits and could bolster the company’s new foray into stablecoins.
Bank of America bolsters its artificial intelligence toolkit
The bank added an AI assistant to improve business payment tools, a move that comes at the same time that Citigroup and Temenos pushed their strategies for emerging AI at banks.
Fed’s Jefferson: Uncertainty around economy ‘especially high’
Federal Reserve Vice Chair Philip Jefferson said despite the near term cloudiness to economic projections, he does expect inflation to resume its downward trajectory next year and reach the Fed’s 2% inflation target in the coming years.