Money Expert Warns Government May Freeze New Bank Withdrawals
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Hedge fund manager and macro economic expert Hugh Hendry says the government may freeze new bank withdrawals as currency panic sets in.
UBS CEO Warns of New Wave of Banking Layoffs
UBS Group CEO warns of a new wave of banking layoffs which are expected to take place early this month. Bank news and updates.
People Have Taken Out $100 Billion from Big Banks
The latest study shows people have taken out nearly $100 billion from big banks such as JPMorgan, Bank of America, Citi, and Wells Fargo.
Hedge Funds Lose New Record High of $11.57bn from Investors
A new report shows hedge funds have lost a new record high of $11.57bn from investors withdrawing their money for the month of April.
CFPB Warns People May Lose Their Cash in Money Apps
The CFPB warns that people may lose their cash in money apps such as Venmo, PayPal, CashApp, or Zelle if their cash holder fails.
