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Apple and Goldman Sachs Must Pay Nearly $90 Million Over Apple Card Inquiry
Posted inBanking and Financial Institutions Consumer Financial Protection Bureau Credit Cards Customer Relations Fines (Penalties) Goldman Sachs Group Inc

Apple and Goldman Sachs Must Pay Nearly $90 Million Over Apple Card Inquiry

The penalties and customer refunds stem from an investigation by the Consumer Financial Protection Bureau into Apple Card, which Goldman issues.
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Posted by By Danielle Kaye
G7 Finalizes $50 Billion Ukraine Loan Backed by Russian Assets
Posted inAssets, Frozen Banking and Financial Institutions Embargoes and Sanctions Foreign Aid Russian Invasion of Ukraine (2022) United States Economy United States International Relations United States Politics and Government

G7 Finalizes $50 Billion Ukraine Loan Backed by Russian Assets

The economic lifeline is expected to be disbursed by the end of the year.
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Posted by By Alan Rappeport and Jenny Gross
Jamie Dimon Privately Supports Kamala Harris. He Just Won’t Say So.
Posted inBanking and Financial Institutions Harris, Kamala D JPMorgan Chase & Company Mnuchin, Steven T Politics and Government Presidential Election of 2024 Trump, Donald J United States Politics and Government

Jamie Dimon Privately Supports Kamala Harris. He Just Won’t Say So.

JPMorgan’s chief executive has told associates of his support for the vice president, and his dislike of Donald Trump. But fearful of blowback, he won’t say it publicly.
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Posted by By Rob Copeland
HSBC Announces Restructuring and Names First Female C.F.O.
Posted inBanking and Financial Institutions China HSBC Holdings PLC. International Relations

HSBC Announces Restructuring and Names First Female C.F.O.

The restructuring of Europe’s largest lender comes as it looks to cut costs and navigate a diplomatic minefield across its sprawling operations.
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Posted by By Ravi Mattu

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