Wall Street’s Decision Makers Brace for More Chaos After Markets Plunge
Posted inBank of America Corporation Bessent, Scott Citadel Investment Group Dimon, James Griffin, Kenneth C Hedge Funds International Trade and World Market Labor and Jobs Standard & Poor's 500-Stock Index Stocks and Bonds Trump, Donald J United States Politics and Government Wells Fargo & Company

Wall Street’s Decision Makers Brace for More Chaos After Markets Plunge

The financial titans who backed Trump are now dealing with the fallout from his tariffs. They spent the weekend surveying the damage of last week’s major sell-off.
CFPB Drops Lawsuit Against Banks Over Zelle Scams
Posted inBank of America Corporation Banking and Financial Institutions Chopra, Rohit Consumer Financial Protection Bureau Frauds and Swindling JPMorgan Chase & Company Mobile Commerce and Payments Regulation and Deregulation of Industry Shutdowns (Institutional) Suits and Litigation (Civil) Vought, Russell T Wells Fargo & Company Zelle (Early Warning Services LLC)

CFPB Drops Lawsuit Against Banks Over Zelle Scams

A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally and factually flawed.”
Debanking, and the Diss Heard Around Davos
Posted inBank of America Corporation Banking and Financial Institutions Conservatism (US Politics) Dimon, James internal-storyline-no JPMorgan Chase & Company Moynihan, Brian T Schwarzman, Stephen A Trump, Donald J World Economic Forum

Debanking, and the Diss Heard Around Davos

President Trump’s accusation that Bank of America’ dropped conservatives as clients serves as a reminder C.E.O.s may face unexpected attacks by the White House.