You Searched For "banking news 2020" and got 20 results
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6 mins read
Jamie Dimon, CEO of JPMorgan Chase, just hinted at retirement. Here's how he became an iconic billionaire banker.
Jamie Dimon, the CEO of JPMorgan Chase, began his career in banking at American Express.
Katherine Tangalakis-Lippert
6 mins read
Younger generations might not have to worry about recessions as much as their elders. It would be great news for their job security and stock portfolios.
Data from NBER shows a promising trend: Recessions have become less common in the US.
Jacob Zinkula,Madison Hoff
2 mins read
Tesla Q1 sales miss Wall Street expectations and clock the first year-over-year quarterly decline since 2020
Elon Musk's Tesla delivered fewer cars to customers in the first quarter than Wall Street expected …
Graham Rapier,Nora Naughton
2 mins read
Stock market news today: Futures whipsaw as Wall Street waits for key economic data
S&P 500, Nasdaq, and Dow futures went from red to green on Tuesday as investors waited for fresh GD…
Theron Mohamed
4 mins read
Yes Bank has more shareholders than debit cards as retail investors continue to buy in
Yes Bank has more shareholders than active debit cards, according to the latest data reported by th…
2 mins read
Report from Money20/20: Ukrainian bank and fintech leaders explain how they keep going during extraordinary times
The war in Ukraine has upended normal life, but the banking sector has continued to operate. The co…
Grace Dean
2 mins read
Yes Bank shares tumble after rallying 26% in the last five days – analysts recommend caution
Global brokerage firm Morgan Stanley initiated coverage of Yes Bank, giving it an ‘underweight’ rat…
2 mins read
5 things investors should know about a coming recession, according to Bank of America
"Recessions—or the threat thereof—should be bought, not sold, notwithstanding the swirl…
Phil Rosen
2 mins read
Ted Cruz said school shootings can be prevented if they have armed guards, like in banks. That aged poorly after the deadly Louisville bank shooting.
After the Uvalde school shooting, Cruz also suggested ways to stop gun violence in schools, none in…
Aditi Bharade
4 mins read
Wells Fargo is pushing for quantity over quality in its private bank
Wells Fargo's reorg of how it serves its richest clients is a nod toward a push for quantity over q…
Dan DeFrancesco
2 mins read
Bank of America has been fined $225 million for 'botching' unemployment benefit payments during the pandemic
A federal agency said the bank had engaged in "unfair and abusive acts and practices" that cut some…
Grace Dean
3 mins read
JPMorgan is buying First Republic Bank after it was taken over by regulators
The takeover follows weeks of wrangling by First Republic and its investment banks for a solution t…
Kaja Whitehouse
2 mins read
Microsoft has pulled an AI-written travel guide, which told tourists to visit the Ottawa Food Bank if they are hungry
"Life is already difficult enough. Consider going into it on an empty stomach," the article wrote o…
Kai Xiang Teo
2 mins read
ED allows WazirX to use bank accounts frozen after raids
Crypto exchange WazirX on Monday said the Enforcement Directorate (ED) has allowed it to use its ba…
3 mins read
Sensex, Nifty50 log declines to close the week in red – IT, PSU banks and energy stocks drag
India’s benchmark indices Sensex and Nifty50 logged a decline to end the week in red after selling …
3 mins read
The government’s 15% wage hike for public sector bankers will just add ₹1,100 to their salary
In an appeal to negotiators and members, GB Manimaran — the general secretary of the Canara Bank…
2 mins read
Ex-Wells Fargo exec says the company held 'fake interviews' with women and people of color for jobs already filled to inflate its diversity efforts
Three current Wells Fargo employees told The New York Times that the fake job interviews had been c…
Avery Hartmans
1 min read
Pot stocks just notched their biggest weekly rally since March 2020 amid hopes of a lower-risk rating from the DEA
Marijuana is currently classed as a Schedule I drug, the same category as heroin and LSD, despite w…
Joseph Wilkins
9 mins read
The good news is, only old office buildings are doomed. The bad news is, that's 70% of them.
To battle remote work, companies are moving into fancy offices. That's good news for employees — an…
Daniel Geiger
3 mins read
Americans have plenty of reasons to tighten their belts. That's bad news for the economy.
Savings are running low, wages aren't improving much relative to inflation, and student loan paymen…