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Banks

JPMorgan legal fees in Jeffrey Epstein sex traffick cases revealed

by James Odonell
JPMorgan legal fees in Jeffrey Epstein sex traffick cases revealed

Jeffrey Epstein in Cambridge, MA in 1984. Rick Friedman | Corbis News | Getty Images JPMorgan Chase has racked up nearly $14 million in legal fees defending itself against two …

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Categories Politics

Sweden’s central bank raises rates to 4%, in line with expectations

by Adrian Jhonsan
Sweden’s central bank raises rates to 4%, in line with expectations

Sweden’s central bank hiked interest rates for the eighth consecutive time on Thursday, taking the main rate to 4%, as the country continues to battle high inflation. The quarter-point increase …

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Categories World

Germany will become the sick man of Europe without change: Deutsche Bank

by Adrian Jhonsan
Germany will become the sick man of Europe without change: Deutsche Bank

A woman using an umbrella to protect against the rain reflects in a puddle as in background can be seen skyscrapers of the banking district in Frankfurt am Main. Afp …

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Categories World

Morgan Stanley (MS) and Wells Fargo (WFC) have more room to run

by Adrian Jhonsan
Morgan Stanley (MS) and Wells Fargo (WFC) have more room to run

The financial sector is making a comeback, and it looks to stay there. Club names Morgan Stanley (MS) and Wells Fargo (WFC), in particular, have perked up recently. Still, we …

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Categories World

Recession-hit Germany is facing a flurry of global headwinds: Goldman Sachs

by Adrian Jhonsan
Recession-hit Germany is facing a flurry of global headwinds: Goldman Sachs

The victory column and TV tower are pictured in front of the sunrise in Berlin, Germany. Florian Gaertner | Photothek | Getty Images Germany finds itself at a crossroads of …

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Categories World

Arm’s surge lends helping hand to banks

by Adesola Mojo
Arm’s surge lends helping hand to banks

Arm Holdings CEO Rene Haas poses for a photo with members of leadership before the Nasdaq opening bell at the Nasdaq MarketSite on September 14, 2023 in New York City. …

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Categories Automobile

Arm’s spectacular day lends helping hand to banks

by Adrian Jhonsan
Arm’s spectacular day lends helping hand to banks

Rene Haas, chief executive officer of Arm Ltd., center, during the company’s IPO at the Nasdaq MarketSite in New York, US, on Thursday, Sept. 14, 2023. Michael Nagle | Bloomberg …

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Categories World

Don’t worry about August’s hotter-than-expected CPI

by Milton Acorn
Don’t worry about August’s hotter-than-expected CPI

Gasoline prices for full serve and self serve are displayed at the Union 76 gas station ahead of the Labor Day weekend on August 28, 2023 in Beverly Hills, California. …

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Categories Science

August’s CPI report isn’t as bad as it seems

by Adrian Jhonsan
August’s CPI report isn’t as bad as it seems

A view of a gas station as gas prices are at the highest level from last year in Virginia, on August 16, 2023. Celal Gunes | Anadolu Agency | Getty …

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Categories World

Early Revolut backer Lakestar leads $40 million investment in Swan

by Ev Richard
Early Revolut backer Lakestar leads  million investment in Swan

Swan co-founder and CEO Nicolas Benady. Swan European venture capital giant Lakestar, an early supporter of fintech unicorn Revolut, has emerged as a prominent backer of French fintech startup Swan. …

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Categories Technology
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