banks
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Tech
Massive data breach at federal credit union exposes 240K members
SRP Federal Credit Union, a South Carolina-based financial institution, had a major data breach impacting more than 240,000 people. The…
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Stories
JPMorgan Chase denies $331 monthly pension to late employee’s widow
JPMorgan Chase has refused to pay out an estimated $331-a-month pension to the widow of one of the bank’s former…
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Business
Boss of Bank of America worker who died after logging 100-hour weeks loses oversight of lucrative unit
An embattled Bank of America executive was stripped of responsibility over a key money-making division — months after outcry over…
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Business
Goldman profits surge amid investment banking rebound
Goldman Sachs reported a 45% surge in quarterly profits on Tuesday, boosted by a rebound in dealmaking that beat analysts’…
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Stories
Departing NYC schools head David Banks admits Eric Adams may not stay mayor
Outgoing schools Chancellor David Banks has confided to city superintendents he doubts that embattled Mayor Adams can remain in power…
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Business
Bank of America chief Brian Moynihan raises eyebrows by taking on chancellor role for Corporation of Brown University
Brian Moynihan has his hands full running Bank of America, the nation’s second largest lender, which is why he raised…
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Business
Top Wall Street rainmaker left Evercore after ‘affair’ with younger banker: sources
A top Wall Street dealmaker left an elite New York investment bank after his bosses found out he allegedly had…
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Business
B. Riley co-founder offers to buy embattled bank in $212M deal
B. Riley Financial’s co-founder and co-CEO, Bryant Riley, disclosed on Friday that he has proposed to buy the investment bank, in a dramatic end to a…
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Business
Jamie Dimon’s JPMorgan deputy sees power base eroded by boss
JPMorgan Chase CEO Jamie Dimon elevated executives at the banking giant who are seen as loyal to him — at…
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Business
Goldman Sachs latest to pull out of climate alliance as political pressure mounts
Goldman Sachs’ fund division is to leave investor engagement group Climate Action 100+, joining other financial services companies which have pulled out…
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