Breaking News This Morning ...
Visa: Visa agrees to buy Visa Europe for about $23 billion.
HSBC: HSBC postpones HQ decision. Wall Street Journal
The Uber-killed-taxis narrative doesn't apply to banks vis-a-vis Apple Pay, said "Heard on the Street." Take JPMorgan Chase's Chase Pay as an example. JPMorgan has already inked deals with Walmart and Best Buy to accept payments through Chase Pay. Yes, JPMorgan is having to cannibalize its own profits to win market share. (Isn't that what...
[more]