Private credit and buy-now-pay-later firms are teaming up to cut banks out of the consumer finance supply chain.
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Looser regulations might be leading Swedish buy-now-pay-later firm Klarna to choose the US over the UK to host its IPO.
Stocks are mostly stuck in neutral as investors await two key pieces of data on Wednesday.
Many people are using buy now, pay later (BNPL) options to circumvent more rigid aspects of credit cards, The Wall Street Journal reported.
Though small compared to each company’s total workforces, work stoppages have set uncomfortable precedents for management.
This month marks the end of what Goldman Sachs estimates will be a record year for stock buybacks, with a volume of roughly $930 billion.
In the first 11 months of the year, 1,991 CEOs have announced their departures, up 16% compared to the same timeframe last year.