JPMorgan ending mandatory COVID tests, hiring ban for unvaccinated employees
The bank will still offer voluntary testing through complimentary home kits, require responses to be entered into its Vaccine Record Tool, and keep isolation and quarantine guidelines in place.
Over half of Gen Z consumers think BNPL encourages poor spending habits, according to Student Beans study
Gen Z consumers are using buy now, pay later services, but they are wary of the spending habits this option could form, according to a new study.
Deutsche Bank winding down Russia business
Deutsche Bank has joined JPMorgan Chase and Goldman Sachs in winding down its business in Russia following the country's invasion of Ukraine.
Goldman Sachs becomes first Wall St. firm to exit Russia
Goldman Sachs has become the first Wall Street firm to suspend its operations in Russia following the country's invasion of Ukraine.
Pariah? Hardly. Banks are still willing to lend to Trump
A bank’s decision to loan Donald Trump’s company $100 million is the latest evidence the former president might survive fraud investigations and a business-world backlash
Amid rising inflation, many Americans would prefer an increased pay frequency, survey says
As inflation rises at its highest rate in years, many Americans who participated in a recent survey said having a more frequent pay schedule would help them with financial stress.
Fitch to suspend commercial operations in Russia, says analysts outside the country to provide coverage
Fitch became the second major credit rating firm to suspend its commercial operations in Russia with immediate effect on Monday, saying its analysts outside the country would provide its coverage instead.
Citi becomes largest bank to eliminate overdraft fees
Citibank just announced that it will eliminate its overdraft fees this summer, becoming the largest bank to cut its fees.
Russia sanctions: Tech cutoff is bad, but credit service suspension 'unbearable' for average citizen
Tech companies including Apple, Google and Microsoft have suspended services in Russia, but the credit card service suspension is going to have more severe impact, according to an expert.
Ukraine may receive $700M in planned loans from World Bank
The World Bank Group is putting together financial help for Ukraine.
Swiss adopt new EU sanctions on Russia
The Swiss government on Friday widened sanctions against Russia in step with further measures imposed by the European Union, tightening exports and financial services to the country over the biggest attack on a European state since World War Two.
Ukraine invasion: Germany prepares to 'disconnect Russia from SWIFT' Lithuania president says
Germany agreed to disconnect Russia from the SWIFT international banking system following their invasion of Ukraine. This move would essentially bar Moscow from top financial networks.
S&P cuts Russia's rating to junk, Moody's issues junk warning
Russia's invasion of Ukraine triggered a flurry of credit rating moves on Friday, with S&P lowering Russia's rating to 'junk' status, Moody's putting it on review for a downgrade to junk, and S&P and Fitch swiftly cutting Ukraine on default worries.
What is SWIFT and how could it clip Putin's financial wings?
Following Russia's invasion of Ukraine, calls are growing for Russia to be cut off from the SWIFT banking network.
US banks are prepared for Russia sanctions, but concerns grow about potential hacks
U.S. financial institutions are largely prepared to handle a new round of Russia-related sanctions in the wake of the invasion of Ukraine, given the steady ratcheting up of pressure against Russia over the past eight years and recent warnings of such measures from the Biden administration, according to experts with knowledge of the U.S. banking sector.
Lloyds on 'heightened alert' for Russian cyberattacks on banks - CEO
Britain's biggest domestic lender Lloyds said on Thursday it was on "heightened alert" for cyberattacks from Russia as the crisis in Ukraine has worsened.
Russia's central bank bans short selling as stocks plunge
Russia’s central bank said Thursday that it ordered brokers to stop allowing traders to place bets against Russian shares, a practice known as short-selling.
Bank heavyweight on market volatility: Geopolitical events, supply chain creating 'additional uncertainty'
Bank of America CEO Brian Moynihan argued geopolitical events and supply chain issues are creating "additional uncertainty," but notes that overall the U.S. economy is strong based on consumer spending, low unemployment and wage growth.
Visa, Amazon reach global deal over payment fees
Visa Inc. cards will be accepted at all Amazon.com Inc AMZN.O stores and sites as part of a global agreement, the companies said on Thursday.
Canadian 'Freedom Convoy': TD Bank freezes accounts with $1.1M for trucker protest
Toronto-Dominion Bank froze two personal bank accounts to support ‘Freedom Convoy' protesters in Canada who are pushing back against vaccine mandates and other COVID-19 procedures.


















