Trading was delayed at JPMorgan and Nomura, media outlets reported. UBS saw problems related to legacy systems inherited from Credit Suisse. Charles Schwab warned users not to place duplicate trades.
The bankers include former employees of JPMorgan, BofA, Wells Fargo and Varo. In one case, an ex-U.S. Bank employee received $29,375 in PPP funds and misrepresented payroll and business expenses.
Narmi, a leading provider of digital banking solutions, is among the first in the industry to complete testing and ...
In an amended lawsuit, former Citi data executive Kathleen Martin claims Anand Selva suggested twice that she fudge data to the bank’s primary regulator. She declined and lost her job two weeks later, ...
Consumer advocates say the tie-up will stifle competition and give the combined company an easy avenue to raise fees on card payments.
Executives with the two companies and a number of community groups spoke in favor of the $35.3 billion merger Friday, while a raft of critics urged regulators to block the deal.
The student loan sale is the latest loose end Discover seeks to tie up since Capital One announced its intent to purchase the card company.
A former Green Dot employee alleged Monday that company leaders misrepresented how an important line of business was performing while also knowing about issues that would lead to an expensive Fed ...
The fintech's gen AI-powered search engine, currently in beta, is set to be launched by end of summer, CEO Dee Choubey said.
The bank will make an undisclosed number of cuts over the next three to four months and help affected employees in finding other opportunities.
Clearer guidance around “rent-a-bank,” open banking and buy now, pay later will ensure more consumers benefit, Director Rohit Chopra said in remarks last week.
CEO David Solomon repeated his displeasure around the Fed’s demand that Goldman increase its stress capital buffer. The bank has appealed the test result, according to the Financial Times.