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KPMG cutting 5% of its US workforce

KPMG will reportedly shed around 5% of its U.S. employees amid economic headwinds and historically low attrition, a spokesperson for the Big Four accounting giant said on Monday.

Crypto scams against seniors surged 78% in 2022

Criminals stole more than $1 billion from U.S. senior citizens last year, a staggering 78% increase from 2021. Experts warn seniors of red flags indicating they could be scammed.

PacWest sells loan portfolio for over $3.5B

PacWest Bancorp confirmed on Monday the sale of a $3.54 billion loan portfolio to asset firm Ares Management after the LA-based bank began selling real estate loans in May.