Bank of America cuts 150 junior jobs in investment banking
Bank of America has eliminated 150 junior bankers employment at investment banks, two sources familiar with the matter told Reuters on Tuesday. The bank's latest cuts follow similar exercises at rivals JPMorgan and Goldman Sachs, part of the annual process to reduce performance degradation. However, trading volume is below forecasts for the first half of […]
Ex-JPMorgan banker Jes Staley claims Jeffrey Epstein knew more about ‘upper levels’ of bank than he did
The former JPMorgan Chase executive testified in a London courtroom that Jeffrey Epstein knew what was going on at the top level of the bank than he did. Jess Staley, who became Barclays' CEO following a stint at JP Morgan, claimed that Epstein, a convicted child sex offender and dishonest investor who died in prison […]
That bank transfer alert text you received may be a scam
We recently received an email from Jane. Jane wrote to us about the suspicious text messages she received. Her experience serves as an important reminder that we all remain vigilant in the face of these evolving digital threats. Let's dive into Jane's encounter and explore the meaning of economic security in 2025. Be safe and […]
Former U.K. bank robber details how he became a Hollywood butler during the ’80s
Terry Moogan lived in poverty before encountering Hollywood royals. The author is currently writing a follow-up to his memoirs, “From Liverpool Bank Robber to Hollywood Butler” This details his journey to becoming a butler for some stars in Hollywood's golden age. Moogan told Fox News Digital that before landing in California, he had trouble finding […]
America Is Back: Michigan's Most Popular Bank Is Firing Another 424 People – 1077 WRKR
It seems that hearing about large layoffs and businesses consolidating every day leads to many closures. Radio has another sweep of over 300 layoffs within the past few days. The same is happening in a variety of industries, including banks. Recently, it was discovered that one of Michigan's most popular banks is preparing to fire […]
Evangelical leaders urge President Trump to recognize Israeli sovereignty over the West Bank
Tel Aviv, Israel — Last week, an influential group of American Christians publicly reaffirmed Jews' rights to Jews and Samaria as Israel's biblical centre. The Jewish and Samaria regions are more commonly known as the West Bank. The declaration was announced at the annual National Religious Broadcasting Agency Treaty held in Dallas by Israeli American […]
Head of Swiss Central Bank Opposes Holding Bitcoin Reserves, Citing Volatility, Liquidity and Security Weaknesses: Report – The Daily Hodl
The head of the Swiss Central Bank is reportedly skeptical of holding Bitcoin (BTC) as a reserve asset. According to the new one Report President Martin Schlegel of the Swiss National Bank (SNB) is opposed to using BTC as a reserve asset for volatility, liquidity and security. Schlegel said digital assets do not meet the […]
Ex-Barclays CEO Jes Staley tells court bank ‘well aware’ of his Jeffrey Epstein links | Barclays
Jess Staley, former Barclays CEO, is trying to convince the High Court that when the pair sent a letter to financial regulators claiming they had “no close relationship,” the bank knew the extent of their relationship with child sexual abuse offender Jeffrey Epstein. The debate forms part of Staley's attempt to challenge the Financial Conduct […]
Bank error in your favor: Citigroup admits it mistakenly credited a customer $81 trillion – instead of $280.00 – The Independent
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JPMorgan Chase CEO Admits US Banks ‘Push People Out of the System’ After Trump Hammers Chase, Bank of America Over Abrupt Account Terminations – The Daily Hodl
Jamie Dimon, CEO of JPMorgan Chase, is working on a debate over how and why some American citizens and businesses are being kicked out of the banking system. After meeting with a Republican lawmaker in Washington, D.C. on the subject of “getting away,” Dimon told reporters that Chase never drops clients to religious or political […]