Five Big Banks’ Living Wills Are Rejected by U.S. Regulators

JPMorgan Chase & Co., Bank of America Corp. and three other major U.S. banks failed to persuade regulators they could Continue reading →

2 Bankers Charged With Creating A.T.M. Cards to Steal From Accounts

The 15 JPMorgan Chase bank accounts had a few things in common: They had high balances, there was little activity Continue reading →

After Ruling That McDonald’s Can’t Pay Workers In Bank Cards, The Bank Pays Up

Paying employees through prepaid debit cards that incur fees when workers try to withdraw their cash is illegal in Pennsylvania, Continue reading →

UBS to Plead Guilty on Libor, Settle Currency Probe With Fed

UBS Group AG will pay $545 million to settle U.S. investigations into its role in manipulating currency and interest rates, Continue reading →

U.S. probing big banks over pricing of gold, other metals

U.S. officials are investigating at least 10 major banks for possible rigging of precious-metals markets, even though European regulators dropped Continue reading →

Jamie Dimon Says Banks Are Under Assault As He Announces $4.9 Billion Profit

We should all do so well while under assault. JPMorgan Chase earned $4.9 billion in the fourth quarter of 2014, Continue reading →

Koch-backed group jumps on Pope for climate advocacy, BP accused of insider trading

By Robert A. Vella The big news day continues… From the Daily Kos – A Koch hack tells the Pope Continue reading →

After five banker deaths in January, a sixth: J.P. Morgan exec jumps in Hong Kong

Across the world, bankers are plummeting to their deaths. In the latest of a series of fatal falls,  a 33-year-old Continue reading →