JPMorgan Chase and Goldman Sachs to merge

JPMorgan Chase & Co. will merge with Goldman Sachs Group Inc., the Wall Street bank said Tuesday, bringing the two largest U.S. banks under one umbrella.The move will make JPMorgan the largest private-equity bank in the world and Goldman a larger, more publicly traded global banking firm, according to the deal announced by Chief Executive […]

How to avoid a massive data breach

Data breaches are a serious problem, but there are some steps you can take to protect yourself.The Federal Reserve is working to address this problem by setting up a “data protection board” and a “safer data” program, both of which are expected to come into effect later this year.While the first is designed to help […]

Sasha Banks nude photo scandal hits US banks

US banks are bracing for the fallout of the Sasha Banks naked photo scandal.Reuters first reported on Tuesday that the former reality star had been found to have made up the whole story about her marriage to former US President Bill Clinton, as well as to have used her nude photo of her ex-husband, to […]

The latest on a Texas police officer who was fatally shot in east Texas

A Texas police lieutenant has been fatally shot while responding to a domestic dispute in his patrol car, police said.The lieutenant, identified as Lt.James C. Dennard, was responding to reports of an assault on his vehicle Thursday night, the Austin American-Statesman reported.The deputy who shot Dennards has been identified as 28-year-old Daniel B. Thomas.Thomas was […]

How to make your money work better

In the world of credit cards, banks are all over the place.They offer a wide range of options, from credit cards that offer an introductory discount to one that is a bit more expensive, to cards that are very good deals.Credit cards are one of the most popular ways to pay for things like groceries […]

Why the US Treasury should keep the Liberty Bank

The US Treasury’s decision to keep the private bank’s US assets in its vault has made headlines in recent days, but the bank is unlikely to lose its private-sector status as long as it has access to the public’s capital.Liberty’s assets are held in a segregated account that can only be accessed by the public, […]

NeuvaBank to shut down as bank goes public

NeuvoBank will close its doors as the bank goes online, the Spanish bank’s CEO said on Monday.Sergio Moraes said NeuveBank had become too big to manage and was unable to deliver the service it needed.The bank will shut down and be wound up on November 6.The move was announced in a news conference.“We are very […]

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