In a joint statement, US authorities said they would work to protect depositors, and said losses would not be borne by the taxpayer. President Joe Biden said he would make a further statement on Monday...
New York state has filed a civil suit against JPMorgan Chase over the allegedly fraudulent sales of mortgage-backed securities. The suit comes just one month shy of the US presidential election. New York’s attorney general...
Advisers to the European Commission have issued their recommendations for a structural reform of the continent’s banking system. They’re in favor of separating retail and investment operations to reduce future risks. A group of advisers,...
