A Consumer Financial Protection Bureau employee was fired after sending confidential consumer data on roughly 256,000 people to their personal email account in what the agency described as a “major … Read More
As markets gradually return to normalcy following weeks of turbulence, the European Commission has unveiled a new set of rules to further protect deposits, prevent bank runs and ensure taxpayers … Read More
Banks across the eurozone are resilient, stable and strong, European Union leaders insisted on Friday at the end of a two-day summit in Brussels. But their words stood in stark … Read More
The European Central Bank is ready to “respond as necessary” to maintain stability in the eurozone, President Christine Lagarde has pledged amid persistent market turmoil across Europe’s banking sector. Lagarde, … Read More
UBS, Switzerland’s largest bank, has agreed to buy rival Credit Suisse for more than $2 billion in an emergency deal to avoid turmoil stemming from the current banking crisis. The … Read More
The collapse of the Silicon Valley Bank appears to be having a “limited” impact on the European Union but authorities should “stay alert” to the dramatic saga unfolding in international … Read More
South Carolina attorney Alex Murdaugh killed his family to distract from his own damning financial crimes, prosecutors allege. Murdaugh allegedly shot his wife Maggie and their son Paul to death … Read More
HONG KONG – Wall Street major Morgan Stanley is expected to start a fresh round of layoffs globally in the coming weeks, three people with knowledge of the plan said, as … Read More
This crypto trader is bullish on her career in comedy. Brooklyn-born Staten Island raised Elyse DeLucci is a digital marketing officer by day and a standup comedian at night, and … Read More
As part of its ever-expanding list of sanctions, the European Union has banned key Russian banks from SWIFT, the high-security system that enables financial transactions all around the world. Based … Read More
