Standard Chartered PLC

Standard Chartered chief executive Bill Winters says his Ivy League MBA was "a waste of time," and the real edge in today's AI-driven economy comes from the curiosity and empathy he developed as a humanities major. What Happened: Winters, 63, told Bloomberg last week that his 1988 Wharton...

Banks around the globe don't have a uniform system of communication, which has allowed the prevalence of fraud in the financial world. Especially in the trade financing market, fraudulent paper invoices have caused millions of dollars in losses for companies and banks. According to Bloomberg,...