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New Report: $200 Billion Withdrawn from JPMorgan This Year
$200 billion were withdrawn from JPMorgan (NYSE:JPM) this year as the bank has faced numerous scandals, losses, and fines.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.
Bank of America Pays Whopping $250 Million in New Scandal
Bank of America (NYSE:BAC) is paying a whopping $250 million fine in its latest scandal where the bank double charged insufficient fund fees and opened new accounts without customer's knowledge or consent.
JPMorgan Quickly Approaches Painful $39 Billion in Fines
JPMorgan (NYSE:JPM) is quickly approaching a painful $39 billion in fines for numerous scandals and securities violations over the years.
