by visbanking | Nov 29, 2022 | Banks, Blog
By: Ken Chase. Estimated reading time: 2 minutes JPMorgan Chase and Deutsche bank are reportedly being sued by women who allege that the financial firms provided sexual abuser Jeffrey Epstein with financial support that enabled his international sex trafficking...
by visbanking | Nov 29, 2022 | Banks
By: Ken Chase. Estimated reading time: 2 minutes With the holiday shopping season looming large on the economic horizon, the latest University of Michigan sentiment survey suggests that its confidence is on the decline. According to this sentiment index, the level of...
by visbanking | Nov 28, 2022 | Banks, News
Estimated reading time: 2 minutes A recently completed banking review by the Federal Deposit Insurance Corporation and Federal Reserve warned Citigroup that the bank needs to improve its financial data management. The review’s authors warned the bank that the current...
by visbanking | Nov 28, 2022 | Banks, News
By: Ken Chase Estimated reading time: 2 minutes Embattled Swiss firm Credit Suisse received some good news this week as shareholders gave their approval to the lender’s plan to raise $4.2 billion. That approval greenlights the firm’s plan to raise from the Saudi...
by visbanking | Nov 15, 2022 | Banks, News
By: Ken Chase. Estimated reading time: 2 minutes Bloomberg reported this week that a decline in investment deals has forced banking giant Citigroup to eliminate dozens of trading personnel in its investment banking division. The move comes in the wake of reports that...