The move will be the American lender’s first overseas retail operation in its 222-year history, with an aim to upend the UK banking market.
(Bloomberg) -- ForgeRock Inc., a maker of identity-verification software, rose 46% in its trading debut, joining a dozen U.S. initial public offerings that have delivered first-day gains this week.The San Francisco-based company raised $275 million, selling 11 million shares for $25 each after marketing them for $21 to $24. The shares closed at $36.50 Thursday in New York trading, giving ForgeRock a market value of about $2.9 billion.Accounting for stock options, restricted stock units and prefe
NEW YORK, September 16, 2021--Today, J.P. Morgan (NYSE: JPM) announced it went live with credit card payments processing for Alibaba.com, the B2B business unit of Alibaba Group (NYSE: BABA). Working together with Alipay, a leading digital life services platform operated by Ant Group, J.P. Morgan Merchant Services, the #1 payments processing provider in the U.S. according to Nilson, now powers payments made by U.S. credit cards on Alibaba.com.