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Bank offered to help scammed customer – if he kept quiet
Billions of robocalls are resulting in thousands of fraudulent wire transfers. Some banks make victims sign confidentiality agreements, which may limit public awareness of how widespread the scams have become......»»
Bank offered to help scammed customer -- if he kept quiet
Billions of robocalls are resulting in thousands of fraudulent wire transfers. Some banks make victims sign confidentiality agreements, which may limit public awareness of how widespread the scams have become......»»
After falling for a $40K phone scam, his bank offered to help---if he stayed quiet
Billions of robocalls are resulting in thousands of fraudulent wire transfers. Some banks make victims sign confidentiality agreements, which may limit public awareness of how widespread the scams have become......»»
Mediobanca CEO expects second-tier banks to look at M&A in 2020
Second-tier banks in Italy, Spain and possibly Germany are likely to consider mergers this year in a bid to boost returns which are insufficient to cover their cost of equity, the chief executive of investment bank Mediobanca said......»»
Hundreds Of Billions In Gold And Cash Are Quietly Disappearing
Hundreds Of Billions In Gold And Cash Are Quietly Disappearing Something strange is going on: at the same time that central banks are injecting $100 billion each month in electronic money to crush volatility and ramp markets.....»»
Overhaul of anti-redlining law sparks rift among financial regulators
Federal regulators are moving forward with a proposal that could transform the way banks spend billions a year on loans to low-income communities......»»
Tapped out: As investors ditch the energy industry, producers try to keep above ground
For at least the past decade, oil and gas companies in Houston and Texas at large have made billions of dollars from the shale boom and fracking advances. But even amid historic U.S. onshore production growth, banks and investors are pulling away fr.....»»
ArcelorMittal willing to re-commit to Ilva steel plant on three conditions: paper
ArcelorMittal is drafting a plan to re-commit to the 2018 deal, under which it bought the troubled Ilva steel plant in southern Italy, on three conditions, Il Messaggero daily reported on Monday......»»
Italy"s PM says he will not bend on Ilva steel plant dispute
Italian Prime Minister Giuseppe Conte insisted on Tuesday that he would not give way in a standoff with ArcelorMittal over the future of troubled steel plant Ilva, as the threat of thousands of job losses piled pressure on the ruling coalition......»»
How ECB Hopes ‘Tiering’ Eases Pain of Negative Rates
In September, the European Central Bank has doubled down on its negative interest rates, a policy meant to stimulate the economy by charging banks billions of euros for money they’re not lending out. At the same time, it added a new measure, call.....»»
Saudi Arabia is reportedly talking to SoftBank about pouring billions into its second Vision Fund
Bandar Algaloud/Getty Images Saudi Arabia is discussing the possibility of investing more money into SoftBank's second Vision Fund, Fox Business reports. The Saudi Arabian Public I.....»»
Airport projects receive billions in funding
Wall Street firms enjoyed their best first half since 2009 with pretax profits at banks and brokerage firms rising by 11%—to $15 billion—according to a report today from the New York State... To view the full story, click the title link......»»
Banks Stuck With Billions In Risky Leveraged Loans As Investors Flee Credit Markets
Banks Stuck With Billions In Risky Leveraged Loans As Investors Flee Credit Markets Global banks are.....»»
Wall Street may get $40 billion reprieve from Trump regulators
Wall Street could soon get one of its most consequential wins of the Trump era as regulators are considering ripping up a rule that’s forced banks to set aside billions of dollars for swaps trades,... To view the full story, click the title link......»»
Troubled companies made him billions. A prison phone investment made him enemies
Detroit Pistons owner Tom Gores became one of L.A.'s richest men snatching up imperiled companies and offloading them for profit. A pri.....»»
Face and voice recognition tech would be banned from public housing under new bill
Each year, banks reap billions of dollars from overdraft and other fees. A new analysis of more than 500,000 U.S. users on investing app Stash found women pay a disproportionate amount of those... To view the full story, click the title link......»»
Women pay 18% more in banking fees than men
Each year, banks reap billions of dollars from overdraft and other fees. A new analysis of more than 500,000 U.S. users on investing app Stash found women pay a disproportionate amount of those... To view the full story, click the title link......»»
Factbox - Blockchain projects: A status update
Banks, exchange operators and other companies are investing billions of dollars to find uses for blockchain, a digital ledger used by cryptocurrencies like bitcoin......»»
Wall Street banks bailing on troubled U.S. farm sector
In the wake of the U.S. housing meltdown of the late 2000s, JPMorgan Chase & Co hunted for new ways to expand its loan business beyond the troubled mortgage sector......»»
Why India’s Troubled Shadow Banks Spook the Market
India’s $42 billion shadow-banking system has been creaking since one of the country’s biggest infrastructure lenders unexpectedly halted debt repayments in 2018. Investor nerves were rattled again in June when a major mortgage lender delayed b.....»»