Senator Tim Scott, R-S.C., and many fellow Republicans on the Senate Banking Committee sent a letter to the Federal Reserve warning the central bank to be mindful of "tailoring" rules Congress has ...
Federal Reserve Chair Jerome Powell made a rare rebuke against President Trump after Powell revealed he was at the center of a federal criminal investigation. WSJ’s Nick Timiraos explains what this ...
Hugh Son, CNBC’s banking reporter, says big banks are rejecting Trump’s 10% credit-card cap, warning they’ll close accounts instead, likely setting up a legal and political showdown as Davos ...
A new broom sweeps clean … and typically means a new set of bankers. Embattled Star Entertainment Group has parted ways with long-time financial adviser UBS after the Mathieson family and American ...
BRASILIA, Jan 29 (Reuters) - Brazilian state-run bank BRB (BSLI3.SA), opens new tab will likely have to set aside more than 5 billion reais ($970 million) to cover transactions with failed lender ...
Bankers argue that the proposal is often framed as consumer‑friendly, but consumers could face reduced access to affordable credit. Some 47 percent of credit cardholders report having a credit card ...
Stephen Miran, a Federal Reserve governor appointed by President Trump, criticized top global central bankers who defended Fed Chair Jerome Powell amid the Justice Department's criminal probe. Also ...
NEW YORK (AP) — President Donald Trump a week ago told the credit card industry it had until Jan. 20 to comply with his demand for a 10% cap on interest rates. So far, consumer groups, politicians, ...
They’re harnessing it to help directors prepare, debate, and decide. by Stanislav Shekshnia and Valery Yakubovich In 2014 Hong Kong–based Deep Knowledge Ventures formally appointed an algorithm to its ...
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Brazil's BRB may book nearly $1 billion loss from Banco Master deals, central banker says
BRASILIA, Jan 29 (Reuters) - Brazilian state-run bank BRB will likely have to set aside more than 5 billion reais ($970 million) to cover transactions with failed lender Banco Master, a central bank ...
Donald Trump filed a $5 billion lawsuit against JPMorgan Chase on Thursday. The president is accusing the financial institution and its CEO Jamie Dimon of de-banking him for political reasons. Trump's ...
With more than a decade of experience, Nelson covers Apple and Google and writes about iPhone and Android features, privacy and security settings, and more. AI is the ultimate "work smarter" shortcut ...
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