U.S. financial disasters often emerge from overheated markets that become far too enamored with shiny new financial instruments. A June 6 report by the trustee in the bankruptcy of the financial ...
NEW YORK (AP) — The bank accounts of tens of thousands of U.S. businesses and consumers have been frozen in the aftermath of the abrupt shutdown and bankruptcy of financial technology company Synapse, ...
Key insight: Former Synapse Brokerage executives have been charged with misconduct. What's at stake: Banking-as-a-service relationships between banks and fintechs have come under scrutiny, in part ...