Tag: Financial Services/Finserv
Former TD Bank exec Michael Rhodes appointed as new CEO and president of Discover Financial Services
Discover Financial Services appoints Michael Rhodes as new CEO and president, effective March 6, 2024.
Rhodes will also become president of Discover Bank...
Goldman Sachs reportedly names Paul Camp as new head of transaction banking
Goldman Sachs appoints Paul Camp as head of transaction banking
Executives, including former head Hari Moorthy, were fired in September for communications policy...
Canapi Ventures reveals new $750m fund to support US fintech entrepreneurs
Canapi Ventures, a US-based VC firm backed by 70 American financial institutions, raises $750 million in its latest fund, bringing total assets under...
Elemi Bank applies to FDIC and seeks $25m in capital to launch corporate offering
Elemi Bank, a new US banking challenger, is progressing towards launch with a recent filing with the FDIC.
Based in Burbank, California, Elemi...
US OCC highlights key risks to federal banking system in latest report
AI Risks WarningThe OCC's Fall 2023 report warns banks of "significant challenges" due to the rise of artificial intelligence (AI) in financial...
Germany’s Scalable Capital secures $65m in Series E extension
Scalable Capital raises $65 million in a Series E extension round.
Led by Balderton Capital, with participation from HV Capital’s new growth fund...