Department of Justice to Double Down on Short Selling Practices
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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.
Wells Fargo Agrees to Pay $1 Billion in New Lawsuit
Wells Fargo has agreed to pay shareholders $1 billion to settle a new class action lawsuit after its 2016 fake-accounts scandal.
Nation’s Largest Bank JPMorgan Faces Painful $1.5 Billion Fee
The nation's largest bank JPMorgan is facing a painful $1.5 billion fee that may also be felt by various other banks later this year.
JPMorgan CEO Urges SEC to Ban Shorting Bank Stocks
JPMorgan (NYSE:JPM) CEO Jamie Dimon is urging the SEC to ban shorting bank stocks, stating that the practice should be prohibited.