News & Insights

IMF Economist Urges Continued Focus on Inflation

IMF Chief Economist expresses concerns about risks to banking sector and impact on global growth, but urges continued focus on inflation.

When my team makes mistakes,It’s my fault.

My personal philosophy in life is that I take responsibility for everything. It’s not always fun. But it’s part of being a leader. No need to blame anyone else.

If the UBS acquisition of Credit Suisse finalizes,

If the UBS acquisition of Credit Suisse finalizes, UBS will be SIGNIFICANTLY bigger than the GDP of Switzerland.Roughly $5T in assets to Switzerland’s $0.8T GDP.

Labor Market Remains Strong, Though Job Growth Slowed in March

Labor Department reports that the U.S. economy enjoyed job growth of 236,000 new hires in March, as labor market remains resilient.

Dimon: ‘Current Crisis Is Not Over Yet’

JPMorgan Chase CEO Jamie Dimon suggests that the current bank crisis is not over yet, in annual letter to the bank’s shareholders.

Swiss AG Launches Investigation into Credit Suisse Acquisition

Swiss attorney general confirms plans to launch investigation into Credit Suisse acquisition to determine if it violated any criminal laws.

Study: Black Banks Need to Close Tech Gap

A new Urban Institute Study suggests that black banks and credit unions need to do more to offer digital services to their customers.

Class Action Suit Alleges BofA Misled Paycheck Protection Program Borrowers

A class action lawsuit accuses Bank of America of misrepresenting Paycheck Protection Program loans to borrowers.

CFPB Funding Case Heads to Supreme Court

U.S. Supreme Court takes up case involving the constitutionality of the Consumer Financial Protection Bureau’s (CFPB) funding.

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