Tag Archives: banking

Four of the seven people who died in the sinking of the Bayesian superyacht last monthoff the coast of Sicilypassed away after being trapped alive inside the ship’s cabins and suffocated, autopsies have reportedly revealed. New York City lawyerChris Morvillo, his wife Neda, along with Jonathan Bloomer, chairman of Morgan Stanley’s London-based investment banking subsidiary, and his wife, Judy all …

A Christian law firm is applauding a major bank chain for rolling back one of its controversial policies that led to the de-banking of several conservative individuals and nonprofit organizations over the last few years. JPMorgan Chase, the largest bank in the U.S., rolled back its WePay service that required merchants to refrain from accepting payments or using the service …

EXCLUSIVE: Unaffiliated presidential candidate Cornel West joined a group of protesters picketing in front of Wells Fargo Bank in downtown Washington, D.C., on Tuesday afternoon – bolstering their demands for reparations.West, who was initially running under the People’s Party banner before electing to run as an Independent, spoke to Fox News Digital after stopping by to offer support for the …

Kosovo police on Monday closed six branches of a Serbia-licensed bank in line with the decision on the ban of the use of the Serbian dinar currency in the country, a move that has raised tension with neighboring Serbia. A police statement said they closed the branches of the Postal Savings Bank, following a request from financial institutions on their …

Rep. Thomas Massie, R-Ky., has introduced legislation that seeks to end the Federal Reserve – which has operated as the nation’s central banking system since it was created more than 110 years ago. H.R. 8421, theFederal Reserve Board Abolition Act, abolishesthe Board of Governors of the Federal Reserve and its banks. It alsorepealsthe FederalReserve Act, the1913law that createdthe Federal Reserve …

Washington Democrats have long used large federal spending and welfare programs to their political benefit. Until now, however, there have been few chapters in American history that could measure up to President Joe Biden’s brazen attempts to buy good will by unilaterally canceling student loan debt. It is without historical precedent. Just weeks ago, the president unveiled new executive actions …

FIRST ON FOX: A group of 15 financial officers representing 13 states issued a warning to Bank of America over its alleged practices of “politicized de-banking” targeting conservatives. In a letter to Bank of America CEO Brian Moynihan, the officials said the bank’s practices threaten its own financial health and reputation with customers while simultaneously harming the U.S. economy and …

Over a dozen Republican attorneys general are warning a major U.S. bank against alleged practices of “de-banking” certain customers because of theirreligious or political views. In a letter obtained exclusively by Fox News Digital, Kansas Attorney General Kris Kobach, along with 14 of his Republican colleagues told Bank of America CEO Brian T. Moynihan that the company “appears to be …

After his first attempt at large-scale student loan forgiveness produced a last-minute surge of young voters to the polls in the 2022 midterms before it was struck down by the Supreme Court, President Joe Biden is trying the same trick again in 2024. In swing state Michigan on April 8, the president unveiled another plan to unilaterally reduce or eliminate …

GENEVA (AP) — The Swiss government Wednesday announced steps to bolster its “too big to fail” rules aimed at avoiding potentially disastrous fallout from banking sector turmoil after woes last year at Credit Suisse before it was taken over by rival UBS. Finance Minister Karin Keller-Sutter told reporters that the measures will aim to protect taxpayers — who were briefly …