Niket Nishant

Robinhood Markets' Chief Legal Officer Dan Gallagher on Friday withdrew from consideration for chair of the Securities and Exchange Commission in the Trump administration, leaving other Republican former SEC officials among the top candidates.

Canada's Manulife Financial will reinsure C$5.4 billion ($3.86 billion) of its reserves as it looks to transfer some risk from its portfolio and free up capital for stock buybacks.

Bank of America's co-head of investment banking in India and two other bankers have left the company amid an investigation into wrongdoing allegations, the Financial Times reported on Thursday, citing three people familiar with the matter.

Payments firm Klarna began the process of going public for a second time in three years despite a sharp drop in its valuation, making it the largest Swedish company to float its shares in the U.S. since Spotify's listing in 2018.

Visa is partnering with fintech Affirm to roll out a feature that will let U.S. customers use a single card for both debit transactions and buy now, pay later purchases, reflecting growing demand for flexible payments.

Stonepeak said on Tuesday it is buying private credit investment manager Boundary Street Capital, as it seeks to capitalize on opportunities in the artificial intelligence and digital infrastructure space.

Morgan Stanley's private equity arm is selling its heating, ventilation and air conditioning (HVAC) business, Sila Services, about three years after it invested in the company to take advantage of the growing interest in the sector.

B. Riley Financial's shares plunged nearly 13% in afternoon trading on Monday after Franchise Group, a retailer backed by the bank, filed for bankruptcy.

Payments processor Mastercard reported a better-than-expected profit for the third quarter on Thursday, as customers encouraged by economic stability ramped up their spending.

Shares of Robinhood Markets fell 14% on Thursday after more than doubling in value this year, as incentives aimed to attract customer assets hurt the retail trading platform's third-quarter results.