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Fraud Fears Force German Banks To Freeze Over €10 Billion In PayPal Transfers
German banks temporarily blocked payments worth more than 10 billion euros from PayPal earlier this week after raising alarms about possible fraud.…
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Morgan Stanley Challenges Fed Over Capital Buffer In Rare Stress Test Dispute
The Federal Reserve has locked in fresh capital requirements for the nation’s largest banks, but not without pushback. Morgan Stanley is seeking…
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Investors Warn Of Cracks In U.S. Bonds As Political Pressure On Fed Grows
The U.S. bond market is sending mixed signals, and some investors worry it is overlooking deeper risks tied to government spending, inflation,…
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Big Chinese Banks Report Falling Profits Amid Economic Slowdown
China’s biggest banks have warned that their profit margins will come under even more pressure in the second half of the year…
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Citi Explores Custody And Payments For Stablecoins After U.S. Law Shift: Report
In Washington, a single policy change has opened the door for Wall Street banks to step deeper into crypto markets. Citigroup is…
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Trump Orders Crackdown On Political And Religious Bias In Banking
U.S. President Donald Trump has signed an executive order requiring banks and their regulators to ensure that customers are not denied services…
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Are US Banks Discriminating Against Conservatives? President Donald Trump Thinks So
US President Donald Trump has placed America’s banking giants into the political spotlight, this time accusing major financial institutions like JPMorgan Chase…
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Britain’s Next Finance Scandal? Supreme Court Ruling Could Spark Billions In Claims
Britain could be bracing for another consumer finance scandal of historic proportions as the country’s Supreme Court prepares to hand down a…
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Gemini Claims JPMorgan Halted Onboarding Amid Dispute Over Data Access Fees
Tyler Winklevoss, co-founder of crypto exchange Gemini, alleges that JPMorgan Chase stopped Gemini’s onboarding after he publicly criticized the bank’s new fee…
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US Congress Targets JPMorgan And Bank Of America On China CATL’s Listing
The U.S. House of Representatives Select Committee on China has escalated its investigation into Wall Street’s involvement with Chinese companies by subpoenaing…