Short sellers target TD Bank with $3.7B in bearish bets
Short sellers are betting that Canada-based lender Toronto-Dominion Bank — better known as TD — will be the next firm ...
Tag: banks
Charlie Javice freed on bond after defrauding JPMorgan charge
The 31-year-old tech entrepreneur who allegedly inflated user numbers at her college financial aid startup in order to dupe JPMorgan ...
Frank founder Charlie Javice allegedly scammed JPMorgan into $175M deal with fake data: feds
The 31-year-old founder of a college financial aid startup called Frank got slapped with criminal fraud charges on Tuesday on ...
Credit Suisse, UBS shares drop after Swiss probe into merger
Credit Suisse and UBS shares fell on Monday after Switzerland’s federal prosecutor opened an investigation into the emergency merger of the two lenders. ...
Republic First Bancorp confused for First Republic bank
Investors have been mistakenly dumping their stakes in Republic First Bancorp this month – all because they confused it with ...
Wall Street bonuses fell 26% last year — lowest since 2019
Big Wall Street firms slashed year-end bonuses 26% — a sharp decline from the record payouts handed out during the ...
White House pushes new rules for regional banks without Congress
The Biden administration proposed a limited list of new measures Thursday to strengthen mid-sized banks that it saidcould be pushed through without having to go to Congress. Banks with ...
US banking chaos ‘definitely brings us closer’ to recession: Fed
The turmoil at First Republic and other embattled US regional banks “definitely brings us closer right now” to an economic ...
JPMorgan scooped up most of Silicon Valley Bank’s fleeing customers: sources
JPMorgan kept busy while the disaster at Silicon Valley Bank unfolded earlier this month – and may have managed to ...
Federal Reserve hikes key interest rate despite US bank chaos
The Federal Reserve hiked interest rates on Wednesday — a pivotal move that showed the central bank’s resolve to tackle ...
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