Wells Fargo Banks to Quickly Close Down This Year
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Wells Fargo (NYSE:WFC) banks have been quickly closing down this year with another big location scheduled to close this fall.
Credit Suisse is Now Getting Sued Over a Margin Call
Credit Suisse is now getting sued for $100 million over an allegedly incorrect margin call by South African hedge fund M1.
Citadel Securities Revenue Drops Painful 35% Per New Report
Bloomberg reports that Ken Griffin's Citadel Securities revenue has plunged 35% from last year's gains as the market maker sets to compete with big banks.
US Banks Are Freezing Accounts and Withdrawals in New Scandal
US banks are freezing accounts and withdrawals in the latest scandal involving both checking and savings accounts.
New Report: $200 Billion Withdrawn from JPMorgan This Year
$200 billion were withdrawn from JPMorgan (NYSE:JPM) this year as the bank has faced numerous scandals, losses, and fines. Banking news.
