As retailers and restaurants have been slow to roll out chip-based point-of-sale terminals, payment processing security remains a concern.
More than 80% of the layoffs will be in Deutsche Bank's private and commercial clients division.
The Bank of America unit violated broker-dealer rules that require customer cash and securities be safeguarded in case a firm fails.
The entrepreneur says the $2.8 billion deal will turn Tesla into the world’s only vertically-integrated energy company.
But capital markets execs expect only $15 billion in IPO proceeds this year, the lowest total since 2003.
China gaming giant buys maker of Clash of Clans to expand market share and geographic footprint.
The California-based adviser lied about being a CPA and funneled $33 million to a struggling online ticket business.
Luxembourg-based Altice will become the number four cable operator in the United States, serving 4.6 million customers across 20 states.
Private equity firms aquire a portfolio of Dell's systems and information management, security, and analytics solutions.
The acquisition of Magic Pony gives the social media firm the opportunity to strengthen its video offerings Periscope and Vine.