banking

Crypto platform Bitzlato accused of laundering over $700 million in illicit money

Crypto platform Bitzlato accused of laundering over $700 million in illicit money

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US authorities have designated the cryptocurrency exchange Bitzlato Ltd. as a major money laundering problem and accused its founder of allegedly facilitating money laundering for criminals. The Treasury Department named Bitzlato under a section of the USA Patriot Act, a law used to combat money laundering and terrorist financing, for allegedly laundering illicit funds for …

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How a 'three-shot buy signal' and other green flags could send the S&P 500 up 20%, says this fund manager

How a ‘three-shot buy signal’ and other green flags could send the S&P 500 up 20%, says this fund manager

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A shortened holiday week appears to be starting slower as China posted weak growth figures and more profits. This is after two positive weeks to start 2023. But there is more than a whiff of optimism in the air, according to our call of the dayof the founder and chief investment officer of the Macro …

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Bank earnings fail to impress investors as recession worries mount | CNN Business

Bank earnings fail to impress investors as recession worries mount | CNN Business

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New York CNN — JPMorgan Chase, Bank of America, Citigroup and asset management giant BlackRock reported results on Friday that beat Wall Street forecasts, but investors were disappointed nonetheless. Trading was choppy, with most bank stocks falling at the open before rebounding. Shares of JPMorgan Chase (JPM) rose about 1% late in the morning while …

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JPMorgan, Wells Fargo, Bank of America and Citi beat earnings expectations, but worries about 'headwinds' remain

JPMorgan, Wells Fargo, Bank of America and Citi beat earnings expectations, but worries about ‘headwinds’ remain

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JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc. and Wells Fargo & Co. managed to beat Wall Street’s lowered fourth-quarter earnings expectations as higher interest rates boosted corporate earnings. loans. Banks posted stronger-than-expected results despite a slowdown in overall deal activity such as home mortgages and IPOs. But bank stocks lost ground on …

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Goldman job cuts hit investment banking and global markets hard

Goldman job cuts hit investment banking and global markets hard

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Massive layoffs and spending review for the Wall Street giant Cups in all major divisions expected, globally Asian wealth unit restructuring kicks off Wednesday layoffs NEW YORK/LONDON/HONG KONG, Jan 12 (Reuters) – Goldman Sachs (GS.N) began laying off staff on Wednesday as part of a sweeping cost-cutting campaign, with around a third of those affected …

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Kurt "CyberGuy" Knutsson explains what to do about malware

Dridex Banking Malware Attacking Mac and MacBook Computers with Sneaky Infection Method

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If you use a Mac or MacBook, be aware that banking malware known as Dridex no longer attacks Windows computers and now attacks Macs using attachments that look like regular documents. CLICK TO GET KURT’S CYBERGUY NEWSLETTER WITH QUICK TIPS, TECH NOTICES, SECURITY ALERTS AND EASY FEEDBACK TO MAKE YOU SMARTER It is an information-stealing …

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My wife and I live "an average life" in the Bay Area, earning $320,000. Last year we bought a house for $200,000 more than asked - now we don't want to live there. Should we get help from a professional?

My wife and I live “an average life” in the Bay Area, earning $320,000. Last year we bought a house for $200,000 more than asked – now we don’t want to live there. Should we get help from a professional?

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Getty Images/iStockphoto Question: I fell victim to FOMO during the housing market craze and bought a house for $200,000 above the asking price. Now house prices are coming back to reality and I feel like I’ve wasted my hard earned money. I don’t know what to do as I live with constant stress thinking I …

My wife and I live “an average life” in the Bay Area, earning $320,000. Last year we bought a house for $200,000 more than asked – now we don’t want to live there. Should we get help from a professional? Read More »