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9 Jan 2015, 4:31 am by Kevin LaCroix
Some of the most notorious espionage cyber campaigns against companies and industries have started from the most innocent looking emails sent to an unsuspecting company employee or executive under the guise of an email from a bank or credit card company. [read post]
8 Jan 2015, 6:00 pm by Gerry W. Beyer
Self-dealing allegations of JPMorgan Chase & Co. made by two churches expose an area inside the largest U.S. bank that illustrates the potential for conflicting interests—a trust business that invests in the bank’s own products. [read post]
30 Dec 2014, 5:46 pm
” Usury regulations, therefore, have always been a dog chasing its tail–as fast as regulators try to suppress the forces of supply and demand, borrowers and lenders redesign products to fit within the interstices of the law. [read post]
29 Dec 2014, 12:38 pm
Santa robs a bank In Memphis, TN Santa got a start on his post-Christmas break by robbing a bank. [read post]
28 Dec 2014, 4:13 pm by Sabrina I. Pacifici
” The first eleven SIFIs — Bank of America, Bank of New York Mellon, Barclays, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, JPMorgan Chase, Morgan Stanley, State Street Corp. and UBS — include some of the largest organizations in the world, with sophisticated internal and external teams of professional advisors. [read post]
15 Dec 2014, 3:11 am by Kevin LaCroix
  Among other things, the blog post quotes one observer as saying, in light of the new concerns following the recent JP Morgan Chase data breach, ‘there’s little doubt that cyber-insurance will be a requirement that the FFIEC includes in its forthcoming cyber guidance. [read post]
11 Dec 2014, 1:45 pm by Katherine Gasztonyi
The announcements above follow recent data breaches at major banks and others, such as JPMorgan Chase, Target, Michaels Stores, and Home Depot. [read post]
10 Dec 2014, 4:48 pm by Sabrina I. Pacifici
Eight U.S. firms would currently be identified as GSIBs under the proposal: Bank of America Corporation, The Bank of New York Mellon Corporation, Citigroup Inc., The Goldman Sachs Group, Inc., JPMorgan Chase & Co., Morgan Stanley, State Street Corporation, and Wells Fargo & Company…The proposal builds on a GSIB capital surcharge framework agreed to by the Basel Committee on Banking Supervision (BCBS), augmented to address risks to U.S. financial… [read post]
6 Dec 2014, 2:14 pm by James Hamilton
It presents case studies of three major U.S. bank holding companies, Goldman Sachs, JPMorgan Chase, and Morgan Stanley that over the last ten years were the largest bank holding company participants in physical commodity activities. [read post]
4 Dec 2014, 4:00 am by Steve Brachmann
It would seem that like Bank of America, JPMorgan Chase is not suffering through Alice rejections that so many others experience. [read post]
4 Dec 2014, 4:00 am by Steve Brachmann
It would seem that like Bank of America, JPMorgan Chase is not suffering through Alice rejections that so many others experience. [read post]
3 Dec 2014, 9:30 pm by Grayson Weeks
” To assess the influence of banking behavior on commodities markets, the Committee developed case studies involving three banks: Goldman Sachs, JP Morgan Chase, and Morgan Stanley. [read post]
21 Nov 2014, 1:26 pm by Jeremy T. Rosenblum
” Also, he criticized banks on the other side of payment transactions, observing that “consumers expect their own bank or credit union to be on their side. [read post]
20 Nov 2014, 5:13 pm by Sabrina I. Pacifici
Included are previously unknown details about activities by Morgan Stanley, JPMorgan Chase and Goldman Sachs, including Goldman Sachs’ controversial management of warehouses storing most of the warranted aluminum in the United States. [read post]
20 Nov 2014, 9:16 am by Steve Brachmann
Customers of major corporations like Target, Home Depot, JPMorgan Chase, Bank of America and Neiman Marcus have been the targets of malware, phishing schemes and other malicious acts of cyber crime within the past year. [read post]