JPMorgan Chase & Co.’s UK digital lender is blocking customers from making crypto payments, citing an increase in frauds and scams. Chase UK clients will no longer be able to make crypto transactions via debit card or by outgoing bank transfer from Oct. 16, according to an email sent to customers. “To help you keep your money safe from frauds and scams, we’re changing the types of payments you can make from Chase,” the email said. “If we think you’re making a payment related to crypto assets,...

Toronto-Dominion Bank and First Horizon Corp. have agreed to terminate their previously announced merger amid uncertainty about the possibility of regulatory approvals. The lenders said in a statement Thursday that they “entered into a mutual agreement” to terminate their 2022 merger. TD will make a $200 million cash payment to Memphis-based First Horizon, on top of a $25 million reimbursement due as part of the merger agreement. The move is a reversal of TD’s push into the US, at a time when...

Barclays Plc will cut about 100 roles in its investment banking group, as the slowdown in dealmaking and capital-markets businesses continues. Conversations with affected staff are set to take place this week, a person familiar with the matter said, asking not to be identified discussing internal matters.

Photographer: Laura Morton/The New York Times via Redux Ken Lin co-founded Credit Karma Inc. in 2007 after struggling to find out his own credit score. That’s something he probably won’t need in the future. Intuit Inc. -- the software giant behind TurboTax -- said Monday it’s buying Credit Karma for about $7.1 billion in cash and stock. The firm, which offers free credit scores and help applying for cards and loans, has more than 100 million members and reported unaudited revenue of nearly $1...

An error has occurred. Reload the web page or use another browser. Error 5 Bloomberg’s Keith Naughton reports on Musk’s tweet.