Democrat senators question what Elon Musk plans to do with sensitive CFPB data
Sens. Elizabeth Warren, D-Mass., center, Amy Klobuchar, D-Minn., and Senate Minority Leader Charles Schumer, D-N.Y., conduct a news conference after ...
Tag: Banks
Jamie Dimon calls U.S. government ‘inefficient’ and says Elon Musk’s DOGE effort ‘needs to be done’
JPMorgan Chase CEO Jamie Dimon on Monday said the U.S. government is inefficient and in need of work as the ...
How the world’s largest asset manager is using nearly $28 billion of acquisitions to reinvent itself
BlackRock has been on a buying spree that will change the makeup of the world's biggest asset manager. BlackRock announced ...
British bank Barclays posts 2024 pretax profit hike, launches £1 billion share buyback
Chris Ratcliffe | Bloomberg | Getty ImagesBritish bank Barclays on Thursday posted a rise in full-year pre-tax profit that came ...
Germany’s second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets
The logo of German bank Commerzbank seen on a branch office near the Commerzbank Tower in Frankfurt.Daniel Roland | Afp ...
CFPB’s new leadership begins staff purge with dozens of employees terminated
Office of Management and Budget (OMB) Acting Director Russell Vought speaks with reporters during a press briefing at the White ...
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve ...
Zelle payments top $1 trillion in 2024 as network’s growth outpaces rivals including PayPal
The Zelle icon is displayed on a phone screen.Jakub Porzycki | Nurphoto | Getty ImagesZelle, the payments network run by ...
CFPB heads for supervision, enforcement announce resignations after stop-work order
Former Office of Management and Budget (OMB) Director Russell Vought takes his seat as he arrives to testify before a ...
Italy’s UniCredit posts fourth-quarter profit beat, raises shareholder returns
The Commerzbank AG headquarters, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024.Emanuele Cremaschi | Getty Images ...
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