Tag: Banking

JPMorgan Chase to Pay $920 Million Settlement for Market Manipulation

JPMorgan Chase & Co., the largest bank in the United States, will be paying $920 million in a settlement after admitting wrongdoing in several...

HSBC allowed Scammers to Transfer Millions of Dollars

HSBC, one the largest banks in the world, moved millions of scammers money regardless of the warning, BBC reported Sunday. According to a leaked file,...

Cryptocurrency Savings Account: How this can Disrupt the Banking System?

Cryptocurrency payment startup Wyre announced that they will launch new savings account for the investors, reported by Coindesk. The announcement came this Friday when the...

Are We Moving Towards an Eco-Friendly Credit Card Lifestyle?

Debit card and Credit card providers are joining the eco-friendly card production movement to replace the traditional plastic cards. MasterCard, one of the largest credit...

HSBC Profits Plunge Amid COVID-19, US-China Tensions

HSBC profits plummeted for the first half of the year following the Covid-19 pandemic and geopolitical risks like the deteriorating US-China relations. HSBC Holdings PLC...