Posts filtered by tags: Banks[x]
Pence reportedly speaks 'very favorably' of Trump in GOP meeting and intends to launch a new political organizationFebruary 24, 2021 at 2:45 PM Donald Trump and Mike Pence walk to deliver a coronavirus update in the White House Rose Garden on Monday, September 28, 2020.
Tasos Katopodis/Getty Images
Mike Pence has reportedly kept a close personal relationship with Donald Trump.
In a meeting with conservatives, Pence expressed no bad feelings towards Trump over the Jan. 6 riot.
Pence will launch an organization that will defend the former administration's record.
Visit the Business section of Insider for more stories.
Former Vice Pr...Tags: Politics, Banks, White House, US, Trends, Joe Biden, Indiana, Cnn, Gop, Washington Dc, House, Donald Trump, Trump, Mike Pence, Capitol, Pence 63 people like this. Like JPMorgan and Citi are using blockchain technology, and other banks are considering allowing clients to hold crypto in bank accounts, Bank of America research findsFebruary 23, 2021 at 2:33 PM Reuters
Bank of America research published Tuesday shows banks like JPMorgan and Citi use blockchain technology. Other smaller banks said they are open to allowing clients to hold cryptocurrencies in the future. The research sheds on light on where traditional financial institutions stand on blockchain amid bitcoin's massive rally.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.A research report from Bank of America shows banking behemoths JPMorgan and Citi are usi...Tags: Banks, US, Trends, Markets, Bank Of America, Bitcoin, Citigroup, Blockchain, Wells Fargo, Citi, Jpmorgan, Wells, PNC, Big Banks, BofA, Signature Bank 58 people like this. Like People's United jumps 14% after M&T agrees to buy the regional bank for $7.6 billionFebruary 22, 2021 at 10:37 AM Lucas Jackson/Reuters
People's United Financial surged 14% on Monday after M&T Bank agreed to acquire the regional bank for $7.6 billion.The proposed merger will be funded with stock, with M&T issuing 0.118 shares for each People's United share. The combined bank will have $200 billion in assets, with locations in 12 states on the East coast.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.People's United Financial surged as much as 14% on Monday after M&T Bank agre...Tags: Banks, Trends, Markets, Stock Market, United, East, Mid Atlantic, M&T Bank, Matthew Fox, People s United, René Jones, Mover, Merger and Acquisitions, Stock Market 2021, Regional Banks, Lucas Jackson Reuters People s United Financial 69 people like this. Like People's United jumps 10% after M&T agrees to buy the regional bank for $7.6 billionFebruary 22, 2021 at 9:11 AM Lucas Jackson/Reuters
People's United Financial surged 10% on Monday after M&T Bank agreed to acquire the regional bank for $7.6 billion.The proposed merger will be funded with stock, with M&T issuing 0.118 shares for each People's United share. The combined bank will have $200 billion in assets, with locations in 12 states on the East coast.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.People's United Financial surged as much as 10% on Monday after M&T Bank agre...Tags: Banks, Trends, Markets, Stock Market, United, East, Mid Atlantic, M&T Bank, Matthew Fox, People s United, René Jones, Mover, Merger and Acquisitions, Stock Market 2021, Regional Banks, Lucas Jackson Reuters People s United Financial 148 people like this. Like Goldman Sachs Expands Interests Into Automotive TechFebruary 12, 2021 at 1:15 PM Goldman Sachs is creating a joint venture that will help it capitalize on automotive technology firms while they’re consistently being overvalued on the New York Stock Exchange. Automotive startups have become a hot item, so long as they’re trading on the assumed merits of new technologies, and there’s no shortage of new companies being propped up […]
The post Goldman Sachs Expands Interests Into Automotive Tech appeared first on The Truth About Cars.Tags: Technology, Investments, Banks, Wall Street, Softbank, Autos, Automotive Industry, Goldman Sachs, Mobility, News Blog, Investment Banks, Blank-check Firm, New York Stock Exchange Automotive 8 people like this. Like After over 40 years, the way we use credit cards is about to fundamentally change - and they're getting a new vertical phone-like look to matchFebruary 11, 2021 at 12:14 PM Getty Images
Many banks are moving toward replacing horizontal credit cards with vertical ones.
Tap-to-pay and chip readers have made a vertical orientation more convenient for users.
PayPal's VP of Design cited apps like TikTok as an inspiration for vertical card design.
Visit the Business section of Insider for more stories.
Credit card users might soon find their horizontal cards replaced by vertical ones as tap-to-pay continues to gain popularity.Last week, PayPal joined several other...Tags: News, Instagram, Finance, Banks, US, Trends, Bank Of America, Bloomberg, Banking, Paypal, Retail, EMV, American Express, Credit Card, Venmo, Debit Card 122 people like this. Like What’s closed for Presidents Day, Feb. 15, in the LA areaFebruary 11, 2021 at 9:00 AM
George Washington, 1797. (Painting by Gilbert Stuart)
Government offices – Los Angeles city and county, national and state – and courts, libraries and schools are normally closed for Presidents Day – technically the federal government’s Washington’s Birthday holiday (observed annually on the third Monday of February).
Here is a sampling of other services that are closed, have an altered service or are on a regular schedule on Feb. 15.
Banks: Closed, as are New York Stock Exchange market...Tags: Holidays, Washington, La, Banks, Government, Trains, Los Angeles, Sport, Transit, Soccer, Glendale, Libraries, Courts, New York Stock Exchange, Local News, Abraham Lincoln 35 people like this. Like America's oldest bank will start transacting bitcoin for clients as the cryptocurrency's popularity explodes, report saysFebruary 11, 2021 at 9:34 AM Jaap Arriens/NurPhoto via Getty Images
Bank of New York Mellon will soon issue, hold, and transfer bitcoin for clients, The Wall Street Journal reported.The move marks a major step forward in Wall Street's adoption of the cryptocurrency.Widespread acceptance of bitcoin by major banks should arrive in the next three to five years, a chief executive told The Journal.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Bank of New York Mellon plans to issue, hold, and tran...Tags: Banks, America, Trends, Markets, Tesla, Bitcoin, SEC, Cryptocurrencies, Wall Street Journal, Digital Currency, Cryptocurrency, BNY Mellon, Office of the Comptroller of the Currency, Bitcoin Price, Cryptocurrency Market, Journal Bitcoin 100 people like this. Like Citizens Business Bank again ranks ‘best’ in AmericaFebruary 3, 2021 at 6:25 PM CVB Financial Corp., the Ontario-based holding company for Citizens Business Bank, has been ranked the “Best Bank in America” for the second year in a row by Forbes magazine.
It marks the fifth time the bank made Forbes’ list over the past six years, and the third time it topped the rankings.
In establishing its “America’s Best Banks” listing, Forbes looked at 10 metrics related to credit quality, growth and profitability for all 100 of the largest publicly-traded banks in the nation.
The listin...Tags: Personal Finance, Business, La, Finance, Banks, America, Bank Of America, Sport, Soccer, Citigroup, Wells Fargo, Forbes, Ontario, Small Business Administration, JPMorgan Chase, Northern Trust 10 people like this. Like Hey, Californians! Do any of these unclaimed billions belong to you?February 3, 2021 at 4:52 PM Attention, Gavin Newsom: Your name is on $90 in unclaimed cashier’s checks held by the state controller.
Joseph R. Biden, there’s $250 from Times Mirror -— the company that once published the Los Angeles Times and was consumed by Tribune Co. in 2000 — in your name.
And Donald Trump, there’s still $3,000 from Bank of America in your name that might come in handy right about now.
California Controller Betty Yee celebrated the first National Unclaimed Property Day on Feb. 1 by urging folks to searc...Tags: Personal Finance, News, California, Banks, San Francisco, Bank Of America, Sport, Soccer, Donald Trump, Los Angeles Times, Consumers, Gavin Newsom, Golden State, Joseph R Biden, Yee, Tribune Co 49 people like this. Like A Deutsche Bank board member advised Wirecard's former CEO to 'finish' the Financial Times, report saysJanuary 20, 2021 at 10:38 AM Peter Kneffel/picture alliance via Getty Images
A Deutsche Bank board member reportedly advised Wirecard's former CEO to "finish" the Financial Times.The bank's chairman told the board member that his comments were unacceptable, Bloomberg said.The FT's reporting of Wirecard hit its reputation hard, wiping off billions from its market value.Sign up here our daily newsletter, 10 Things Before the Opening Bell.Wirecard's former CEO Markus Braun was advised by a Deutsche Bank board member to "...Tags: Finance, Banks, Trends, Markets, Bloomberg, Deutsche Bank, Goldman Sachs, Controversies, Donald Trump, Financial Times, Braun, Schuetz, The Financial Times, MicroStrategy, Wirecard, Paul Achleitner 135 people like this. Like What’s closed for Martin Luther King Jr. Day, Jan. 18, in the LA areaJanuary 13, 2021 at 9:00 AM
A statue of the Rev. Martin Luther King Jr. in downtown Riverside. (File photo by Watchara Phomicinda, The Press-Enterprise/SCNG)
Government offices – Los Angeles city and county, national and state – and courts, libraries and schools are normally closed for the Martin Luther King Jr. Day holiday.
Here is a sampling of other services that are closed, have an altered service or are on a regular schedule on Jan. 18.
Banks: Closed, as are New York Stock Exchange markets.
Mail: The U.S. Pos...Tags: La, Banks, Government, Trains, Los Angeles, Sport, Transit, Soccer, Glendale, Libraries, Courts, New York Stock Exchange, Local News, Burbank, Rev Martin Luther King Jr, U S Postal Service 48 people like this. Like Suspect Shot By Deputies In Gunfight After Hostage Escapes In Tuolumne CountyJanuary 11, 2021 at 12:17 AM GROVELAND (CBS13) – Authorities in Groveland shot and arrested an armed suspect accused of holding a woman hostage for more than a week and threatening to kill her, the Tuolumne County Sheriff’s Office said on Sunday.
John Banks, 61, faces charges of domestic battery, false imprisonment with violence, making criminal threats, intimidating a victim and kidnapping.
Investigators learned Banks had beaten the woman and tied her up while threatening her and holding her against her will, the sheriff’s...Tags: Crime, News, Banks, Local, Sacramento, Cbs, Hostage, Stanislaus County, Tuolumne County Sheriff s Office, Groveland, John Banks, Tuolumne County, Tuolumne County News, Groveland News, Banks Authorities 18 people like this. Like Wells Fargo recovery grant targets small, minority-owned businessesJanuary 5, 2021 at 4:06 PM Wells Fargo has announced a $2.6 million small business recovery grant to help minority owned businesses in Southern California stay afloat amid the COVID-19 pandemic.
The grant is part of the bank’s Open for Business Fund program which launched as a $400 million small business recovery effort across the U.S. to help entrepreneurs recover and rebuild.
Pacific Coast Regional Small Business Development Corp. used $2.1 million of the money to establish a People of Color Business Elevation Fund to h...Tags: Mobile, Business, News, La, Banks, Los Angeles, Sport, Netflix, Soccer, Loans, Local News, Wells Fargo, Southern California, Grants, Los Angeles County, Robertson 7 people like this. Like Time Running Out for Gun Owner Comments to Stop Financial ‘Deplatforming’January 1, 2021 at 6:00 PM Powerful money interests are banking on disarmament. You can help thwart them.
U.S.A. – -(Ammoland.com)- “Right now, the single most existential threat to free speech in America is the rise of financial deplatforming,” Revolver News observes. “If conservatives want to preserve the ability to think and speak freely in the decades to come, they must act to prevent the country’s most powerful financial institutions from imposing a brutal censorship regime on the entire country.”
To demonstrate h...Tags: Facebook, Twitter, Guns, Obama, Banks, White House, China, America, Paypal, Middle East, Citigroup, Citibank, Resistance, Financial Services, Goa, Jack Dorsey 90 people like this. Like What’s closed for New Year’s Day, Jan. 1, in the Los Angeles areaDecember 28, 2020 at 9:00 AM
A New Year’s Eve countdown at Grand Park in Los Angeles for January 1, 2020. (Photo by John McCoy, Contributing Photographer)
Government offices — city, county, federal and state — and superior courts, libraries and schools are normally closed for New Year’s Day, Jan. 1.
Here’s a sampling of government offices and other services that are closed or have altered schedules.
Banks: Banks and financial markets are closed.
Libraries: Patrons of Los Angeles Public libraries that are “Library t...Tags: Holidays, Banks, Government, Trains, Los Angeles, Sport, Transit, Soccer, Glendale, Libraries, Courts, Local News, New Year's Day, Los Angeles County, John McCoy, Burbank 3 people like this. Like Human Capital: Ex-Pinterest employees who alleged discrimination say ‘no progress has been made’December 19, 2020 at 4:00 PM This was quite the week for Pinterest and not in a good way. While the company settled the gender discrimination lawsuit brought forth by its former COO, the hefty $22.5 million settlement highlighted some of the tech industry’s inequities.
Meanwhile, Airbnb outlined some new goals around diversity and inclusion, despite having not produced a diversity report since last year, when it disclosed its 2018 data.
All that and more in this week’s edition of Human Capital. Sign up here to get th...Tags: TC, Lyft, Pinterest, Labor, Banks, America, Tech, Diversity, Intel, Airbnb, Michigan, Biden, Human Capital, Bain, Trump, Chen 40 people like this. Like Elizabeth Banks Speaks Out On Twitter After ‘Stand Your Ground’ Bill Passes In Ohio HouseDecember 18, 2020 at 4:32 PM PITTSBURGH (KDKA) — Actress Elizabeth Banks is speaking out in regards to a Stand Your Ground bill that passed the Ohio House on Thursday.
According to Cleveland.com, the bill now must pass the Senate before heading to the desk of Governor Mike DeWine. If the bill were to pass and be signed into law, Ohio would become the 36th state that would no longer require a ‘duty to retreat’ before using force.
Following the passing of the bill, Elizabeth Banks took to Twitter with threaded commentary on t...Tags: Twitter, Banks, Senate, Elizabeth Banks, Ohio, Cleveland, Pittsburgh, Ohio House, Ohio Senate, Mike DeWine, Around the Nation, KDKA Actress Elizabeth Banks 12 people like this. Like Pinterest's $22.5 million gender discrimination settlement is another example of how Black women are ignored, say senior women of color in the tech industryDecember 16, 2020 at 10:08 AM Timnit Gebru, a former Google AI researcher.
Kimberly White/Getty Images
Prominent women of color in the tech industry have said Pinterest's $22.5 million gender discrimination settlement with its former COO Francoise Brougher is another example of how Black women are ignored.
Senior figures in the industry contrasted the settlement with the way Ifeoma Ozoma and Aerica Shimizu Banks, two Black women who publicly resigned from Pinterest in June, were treated after their departure.
Ozoma and...Tags: Google, Pinterest, Banks, America, Trends, Washington Dc, Black, Karla Monterroso, Kristy Tillman, Brougher, Timnit Gebru, Kimberly White Getty, Francoise Brougher, Joan Donovan, Malcom Glenn, Ifeoma Ozoma 89 people like this. Like Pinterest’s $22.5M settlement highlights tech’s inequities, say former employees who alleged discriminationDecember 15, 2020 at 6:31 PM When Ifeoma Ozoma and Aerica Shimizu Banks, formerly of Pinterest’s policy team, alleged racial and gender discrimination at Pinterest in June, the hope was for Pinterest to make them whole and address its culture of alleged discrimination, Ozoma told TechCrunch. But that’s not what happened.
Just two months later, former Pinterest COO Françoise Brougher sued Pinterest, alleging gender discrimination, which yesterday resulted in a $22.5 million settlement. As part of the settlement, Pinterest...Tags: Google, TC, Pinterest, Banks, America, Tech, Diversity, Ben Silbermann, Francoise, Brougher, Timnit Gebru, Ifeoma Ozoma, Aerica Shimizu Banks, Ozoma, Andrea Wishom, In October Pinterest 2 people like this. Like Azealia Banks has been subpoenaed in the Elon Musk $420 'funding secured' class action lawsuitDecember 11, 2020 at 2:15 PM Azealia Banks and Elon Musk.
Chelsea Lauren; Pascal Le Segretain/Getty Images
Azealia Banks has been subpoenaed in a class action lawsuit concerning Elon Musk's tweets about taking Tesla private at $420 per share.
"The first round of Elon Musk bulls--- was stressful enough," Banks said. "I don't have the bandwidth for another row with him."
Business Insider has also been subpoenaed.
In 2019, a judge granted the motion to serve document-preservation subpoenas against Banks and Business I...Tags: Transportation, Elon Musk, News, Banks, Los Angeles, Trends, Tesla, Azealia Banks, New York Times, Retail, Grimes, Gizmodo, Musk, Claire Boucher, Boucher, Levi Korsinsky 122 people like this. Like Man Confronts Alleged Thief Taking Off With Catalytic Converter: ‘He Needs To Be Caught’December 3, 2020 at 1:44 AM cbsoptanon.onScriptsReady(function(cmp){cmp.ot.targetingAllowed(function(a){if(a) AnvatoPlayer("p1").init({"mcp":"cbs","width":"100%","height":"100%","video":"4928252","autoplay":false,"accessKey":"5VD6Eyd6djewbCmNwBFnsJj17YAvGRwl","accessControl":{"preview":false},"pInstance":"p1","plugins":{"heartbeat":{"account":"cbslocal-global-unified","publisherId":"cbslocal","jobId":"sc_va","marketingCloudId":"[email protected]","trackingServer":"cbsdigitalmedia.hb.omtrdc.net","customTrack...Tags: Crime, News, Banks, Local, Sacramento, Cbs, Davis Police, Davis Police Department, Davis News, Catalytic Converter Thefts, Callid Banks 31 people like this. Like Every Major Bank Has Now Ruled Out Funding Arctic DrillingDecember 1, 2020 at 10:45 AM We got another one. On Monday evening, Bank of America said that it will no longer finance fossil fuel exploration in the Arctic, joining Goldman Sachs, Morgan Stanley, Chase, Wells Fargo, and CitiBank, which all announced similar policies this year. That means no major U.S. bank will fund oil and gas production in…Read more...Tags: Science, Banks, Bank Of America, Arctic, Citibank, Arctic National Wildlife Refuge, Goldman Sachs Morgan Stanley Chase Wells Fargo 101 people like this. Like Nurses allege understaffing and a lack of adequate COVID-19 protectionsNovember 30, 2020 at 5:20 PM Nurses and medical professionals at Los Robles Regional Medical Center and West Hills Hospital and Medical Center picketed Monday, alleging staffing shortages and a lack of COVID-19 safety protections for employees and patients.
The workers are represented by SEIU Local 121RN. That includes more than 400 nurses at Los Angeles-based West Hills, 700 nurses and 100 licensed professionals at the Los Robles center in Thousand Oaks and roughly 1,200 nurses at Riverside Community Hospital.
Strike auth...Tags: Business, News, California, Banks, Los Angeles, Sport, Hospital, Soccer, SEIU, Miller, Carter, Riverside, HCA, Medical Center, Los Angeles Daily News, David Crane 72 people like this. Like Lloyds has named Charlie Nunn, a senior banker at rival HSBC, as its next chief executiveNovember 30, 2020 at 7:17 AM Charlie Nunn, head of wealth and personal banking at HSBC.
Simon Dawson/Reuters
Lloyds Bank named Charlie Nunn, head of wealth and personal banking at rival HSBC, as its next CEO on Monday.
Current Lloyds boss Antonio Horta-Osorio is stepping down in 2021 after a decade at the bank.
Nunn may not take up his new job for almost a year from now, because of his notice period and other restrictions. If Horta-Osorio leaves first, CFO William Chalmers could step in as interim CEO, Lloyds said.
Nu...Tags: Finance, Banks, Trends, Banking, Britain, Hsbc, Lloyds Banking Group, Accenture, Lloyds, Colin Jackson, Mckinsey, HSBC Holdings Plc, KBW, William Chalmers, Nunn, António Horta Osório 150 people like this. Like ECB says European banks can restart dividend payments next year if they show resilience, according to a reportNovember 25, 2020 at 6:01 AM Ralph Orlowski/Getty Images
Banks in the eurozone can restart dividend payments next year if their balance sheets show resiliency, a senior European Central Bank official told the Financial Times.A long-lasting ban on paying dividends to shareholders may not even be legal if banks have the capacity to deal with economic fallout, the official said.Any decision to resume dividend payments "would all depend on the conservatism of internal models in the banks, on conservatism in provisioning a...Tags: Europe, UK, France, Finance, Banks, Trends, Markets, European Central Bank, Dividend, BNP Paribas, Ecb, Eurozone, Santander, Financial Times, Morningstar, Mersch 62 people like this. Like Do You Need a 'Second Chance' Checking Account?November 24, 2020 at 1:30 PM If past financial trouble has prevented you from opening up a checking account, you have another option: a second-chance bank account. These usually have some restrictions, including a monthly fee, but you can save money long-term, especially if you’re using check-cashing businesses with high service fees.Read more...Tags: Banks, Banking, Lifehacks, Checking Accounts, Checking Account 111 people like this. Like What’s closed for Thanksgiving Day, Nov. 26, and Nov. 27, in the LA areaNovember 22, 2020 at 9:00 AM
Leo Martin holds up a drawing he colored as he gets a Thanksgiving dinner provided by the San Fernando Valley Rescue Mission. (File photo by Michael Owen Baker/Los Angeles Daily News)
Government offices – Los Angeles city and county, national and state – and courts, libraries and schools are normally closed for the Thanksgiving Day holiday. City, county and state offices, libraries and superior courts are also closed on Nov. 27.
Here is a sampling of other services that are closed, have...Tags: Thanksgiving, La, Banks, Government, Los Angeles, Sport, Transit, Soccer, Glendale, New York Stock Exchange, Local News, Ventura County, Southern California, San Pedro, Riverside, Burbank 50 people like this. Like Gen Z's surging economic power will permanently change the investing landscape over the next decade, Bank of America saysNovember 19, 2020 at 1:26 PM Noam Galai/Getty Images
Generation Z's economic power is the fastest-growing around the world, and investors should start preparing for tectonic shifts in consumer preferences, Bank of America strategists said Thursday.Gen Z's earnings are set to hit $33 trillion by 2030 and account for more than a quarter of all global income. By 2031, the youngest generation will surpass Millennials' spending power.Sustainable luxury, e-commerce, new media, and online payment businesses are set to benefi...Tags: Banks, US, Trends, Bank Of America, Telecom, Deutsche Bank, ESG, Jefferies, Baby Boomers, Noam Galai Getty, Ben Winck, Haim Israel, Zillennials 105 people like this. Like SEC charges Wells Fargo's former CEO and top executive for misleading investors over success of its core businessNovember 13, 2020 at 10:07 AM John Stumpf, former Wells Fargo CEO and Chairman.
Win McNamee/Getty Images
The Securities and Exchange Commission charged former Wells Fargo CEO John Stumpf together with another top executive on Friday for intentionally misleading investors over the US bank's core business.Carrie Tolsted, former community bank chief, is said to have known that a key selling metric was inflated, but used it as a measure of success anyhow.Stumpf signed and certified documents with the SEC in 2015 and 2016 wh...Tags: Finance, Banks, US, Trends, Regulations, Markets, Regulation, SEC, Securities And Exchange Commission, Wells Fargo, Stumpf, SEC Investigation, John Stumpf, Charges, Misleading, Tolstedt 73 people like this. Like |