JPMorgan Bolsters Security With $15B Investment
JPMorgan has acknowledged a notable increase in hacking attempts, allocating a significant portion of its $15 billion technology to bolster defenses.
Bank CEOs, Huddled in Private in Davos, Worry About Competition, Economy - Sources
Bank CEOs meeting in private at World Economic Forum on Wednesday aired concerns about the competitive risks from fintech firms and private lenders.
Even Some Fed Officials are Now Questioning the Fed's New Bank Capital Rules
Two Federal Reserve officials this week suggested changes to new bank capital rules proposed by their own agency adding to the pressure on regulators.
Cathie Wood’s Ark Buys Its Own Bitcoin ETF
Cathie Wood’s Ark Investment Management LLC is snapping up shares of the firm’s just-launched spot-Bitcoin ETF.
Soft Landing 'Increasingly Possible' For Global Economy in 2024: World Bank
Worldwide economic growth is set to slow for the third straight year in 2024 but defy fears of a recession, according to a new World Bank forecast.