Jack Dorsey, chief executive officer of Twitter Inc. and Square Inc., speaks during an Empowering Entrepreneurs events at Ryerson University in Toronto, Ontario, Canada, on Tuesday, April 2, 2019.
Cole Burston | Bloomberg | Getty Images
A remarkable changing of the guard is happening in finance.
Almost exactly two months earlier, PayPal surpassed Bank of America, the second biggest lender in the U.S., in market cap. That move made the online payments pioneer worth more than every American bank except for JPMorgan Chase.