FTX's Sam Bankman-Fried's ex-Caroline Ellison to take stand
The collapse of Sam Bankman-Fried's cryptocurrency exchange FTX has led to an increased focus on the role played by Alameda Research and its CEO Caroline Ellison, also SBF's former gal pal, in the firm's implosion.
Supreme Court takes up case that could determine CFPB's fate
The Supreme Court will hear arguments in a case challenging the constitutionality of the Consumer Financial Protection Bureau's funding mechanism that could create uncertainty around the regulatory agency's future.
JPMorgan Chase CEO Jamie Dimon on whether AI will replace some jobs: 'Of course, yeah'
Jamie Dimon recently discussed artificial intelligence (AI) with Bloomberg, weighing in on how it could affect jobs and how it could get utilized at the bank.
'Shark Tank' star reveals the stocks showing 'more cracks' in the market
"Shark Tank" star Kevin O'Leary warns that commercial real estate buildings have become "uneconomic" as the threat of a sector crash still looms over markets.
JPMorgan Chase agrees to $75M settlement in US Virgin Islands case alleging bank enabled Jeffrey Epstein abuse
JPMorgan Chase settled with the U.S. Virgin Islands for $75 million in a case alleging the company enabled Jeffrey Epstein's sex trafficking.
‘Shark Tank’ star warns real estate doom loop has 'not improved'
O'Leary Ventures Chairman and 'Shark Tank' star Kevin O'Leary discusses the looming commercial real estate collapse and its impact on banks and small businesses.
Citi NYC headquarters blocked by climate protesters; police arrest over 20 people
Entrances at Citigroup's headquarters in New York City were blocked by climate protesters Thursday. Police made multiple arrests, and people were eventually able to enter the building.
Citigroup reorganizes business model to streamline operations
Citigroup is making "significant changes" to streamline its organizational model. The flatter structure will eliminate management layers and speed up decision-making.
Federal judge rules against CFPB's anti-discrimination effort
A federal judge ruled that the Consumer Financial Protection Bureau overstepped its authority by looking to pursue regulatory actions related to anti-discrimination efforts.
UBS to absorb Credit Suisse's Securities Research offering
UBS will absorb Credit Suisse's Securities Research service later in September, wrapping the business into its own research operations, the bank said in a letter.
Fed increasing demands for corrective actions by regional banks: report
The Federal Reserve has issued a number of private warnings to regional lenders as it seeks to tighten supervision following a spate of bank collapses.
Regulators propose changes to ‘living wills’ and debt rules for big banks in wake of crisis
Federal financial regulators proposed new rules for large banks that aren't classified as systemically important related to their long-term debt holdings and their "living wills."
'Shark Tank' star Kevin O'Leary warns soaring interest rates will cause 'real chaos' for US economy
"Shark Tank" star and multi-millionaire investor Kevin O'Leary discuss the U.S.'s feeble economy as mortgage rates continue to skyrocket year-over-year.
Credit card mistakes even high-credit score mavens make
Using credit cards for everyday spending, travel and to even pay monthly bills is a great way to build your credit score but there are some dos and don'ts even the most seasoned spenders need to know.
Consumers want AI to help manage their personal finances: study
A new study by Intuit Credit Karma via Qualtrics found that American consumers want generative artificial intelligence tools to help them manage their personal finances.
Wells Fargo says customers are experiencing 'issues with certain transactions' amid possible outage
Wells Fargo said that customers are experiencing issues with some transactions Thursday, according to a company spokesperson, amid reports of people being unable to access certain account features.
S&P downgrades multiple US banks citing 'tough' lending environment
S&P Global Ratings downgraded five regional U.S. banks by one notch and lowered its outlook for several other lenders, following a similar move by Moody's.
Bank app glitch allows customers with no funds to withdraw cash
A massive glitch with an app from the Bank of Ireland allowed customers with no funds in their account to withdraw money from ATMs across the country.
Fitch warns multiple US banks face credit downgrade: report
A Fitch Ratings analyst warned the agency may be forced to downgrade dozens of U.S. banks, including major lenders like JPMorgan Chase and Bank of America.
UBS agrees to $1.4 billion settlement with DOJ over 2008 financial crisis claims
Swiss bank UBS has agreed to pay more than $1.4 billion in a settlement with the U.S. Department of Justice over alleged misconduct leading up to the 2008 financial crisis.


















