American actor Michael Douglas on the set of Wall Street written and directed by Oliver Stone.Sunset Boulevard/Corbis via Getty Images
Happy hump day.
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It appears a reckoning is coming for those who abused the federal government's Paycheck Protection Program.
Bloomberg reported on Tuesday that JPMorgan issued a company-wide note that acknowledged some customers misused their PPP loans and that "some employees have fallen short, too."
In many ways, the memo could be a sign of bigger things to come. Back in May, Reuters reported the US Justice Department subpoenaed the big banks regarding potential misuse of PPP loans.
Election Day is around the corner and some of President Donald Trump's biggest supporters in 2016 from the real-estate industry have been notoriously quiet.
Rosalie Chan has all the details on how Capital One looked to Amazon Web Services to overhaul its technology. Click here to read what exactly went into the massive tech transformation at the bank.
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