financial industry

Former Goldman Sachs (NYSE: GS) executive Raoul Pal has highlighted a potential use case for cryptocurrencies that could see a staggering $1 quadrillion flow into the digital asset space. Pal's comments come at a time when major financial institutions are increasingly recognizing the...

The Consumer Financial Protection Bureau, an agency with uncertain fate in Red-run, anti-regulatory Washington, adopted a rule Monday that will allow consumers to join legal forces in challenging financial institutions. The regulation would prohibit banks and credit institutions from adopting...

BMO predicts an improvement in the system-wide fundamental credit quality over the next year-and-a-half and suggests "Value versus Growth" analysis remains the best way to generate investment ideas. BMO's call comes as the system-wide fundamental credit quality this quarter...

The Wall Street Journal created the graphic below to highlight the aspirations of the modern megabank and the challenges these banks face as they grow. The graphic focuses on Citigroup Inc (NYSE: C), and the WSJ divides the history of the bank into three critical periods. First, from 1990 to 1998...