Banking

Small businesses are the engine of the American economy. They are often the first to innovate, the fastest to adapt, and the most determined to persevere through change. In moments of uncertainty, they continue to move forward not because conditions are perfect, but because resilience is embedded in their DNA.…

Prominent attorney David Boies and his firm Boies Schiller Flexner filed three lawsuits this week alleging that at least five companies handling payouts for class action settlements conspired to secretly pocket bank interest payments and award each other business outside the view of attorneys and judges. The suit says the…

For the fifth straight year, Forbes is partnering with market research firm Statista to rate insurance companies in the United States. But we need your input to do it. We want to hear about your experiences with your insurance provider—or a provider you’ve worked with in the past—to help us…

Hong Kong billionaire Richard Li’s insurer FWD Group announced Monday it has refiled an application to list on the Hong Kong stock exchange, as investors clamor for a piece of the city’s red-hot IPO market. FWD did not disclose the target size or timing of its upcoming offering. A representative…

Until recently, the U.S. banking system has been strong because of sensible bank regulations implemented during the Obama and Biden administrations. Yet, around the world, numerous countries do not have anywhere near as stable banking systems as the U.S. does. Weak banking systems should worry us all, not only because…

Chime, the largest digital bank in America, grew its revenue to $1.7 billion in 2024, an increase of roughly 30% from 2023, according to a person familiar with its finances. The San Francisco company wasn’t profitable for the year, but it lost less than $50 million, the person said. That…