Crisis: US Banks Are Now Cutting 3,000 Roles Globally
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US banks are now cutting 3,000 roles globally across most of its key divisions. JPMorgan Chase, Morgan Stanley, and more. Banking news.
NYC is Freezing New Bank Deposits at Capital One
The New York City (NYC) Banking Commission is freezing new bank deposits at Capital One (NYSE:COF) and KeyBank for up to two years.
Hundreds of Bank Employees Are Being Let Go Quick
Hundreds of Silicon Valley bank employees are being let go quick. Morgan Stanley, Citigroup, Goldman Sachs join the bandwagon.
Department of Justice to Double Down on Short Selling Practices
The Department of Justice (DOJ) is doubling down on short selling practices in the coming months according to a top department official.
Big Banks Are Going to Close Several More Branches
Big banks such as Bank of America and Wells Fargo are going to close several more branches. Latest banking news and updates.
