Banking

From Fintech’s Top Founders To Wall Street’s Best Dealmakers

These entrepreneurs, traders and investors are making an outsized impact in fintech, crypto and traditional financial services.By Jeff Kauflin, Hank Tucker and Nina BambyshevaWhen she worked for Apple, Kalyani Ramadurgam’s job was to block anyone on terrorism watch lists from using Apple Pay. Even at one of the most sophisticated…

Stablecoin Payments Get Real: Cross River’s Blockchain Bet

OBSERVATIONS FROM THE FINTECH SNARK TANKCross River announced a new USDC stablecoin payments platform that connects directly to its core banking system. It’s an important move in the evolution of digital asset payments and raises strategic questions for fintechs, enterprises, and financial institutions.What Cross River’s Stablecoin Payments DoesIntegrating directly into…

Finding Bargain Stocks In AI’s Shadow

Like other value investing stalwarts, $35 billion Hotchkis & Wiley made its name filling its funds with cheap, unloved stocks. Here’s how manager David Green is keeping the old-school philosophy alive in a market dominated by a handful of AI giants.Ina market obsessed with artificial intelligence, longtime portfolio manager David…

Jerome Powell’s Wednesday Press Conference Shows Why He Must Step Down

The fundamental flaws in the way the Federal Reserve operates these days were on full display Wednesday when Jerome Powell talked to the media after the central bank’s key policymaking committee meeting. It confirmed why there must be a drastic overhaul of our central bank—as well as new leadership. The…