Tag: Financial services
JPMorgan elevates 2 women to run bank’s biggest division
NEW YORK — JPMorgan Chase will promote two women to jointly manage the bank's consumer finance division — the bank's biggest business by far...
Bank of America to raise minimum wage to $25/hr by 2025
NEW YORK — Bank of America plans to set the minimum wage for all positions at the company to $25 an hour by 2025....
Biden reverses Trump changes to bank antidiscrimination law
NEW YORK — The Biden administration announced Tuesday it would repeal the changes made by the Trump administration to an important law made to...
This Week: Walmart earns, Fed meeting minutes, US home sales
A look at some of the key business events and economic indicators upcoming this week:
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Indonesia’s Gojek, Tokopedia to merge as GoTo Group
SINGAPORE — Indonesian ride hailing company Gojek and e-commerce firm Tokopedia said Monday that they are merging to form the GoTo Group.
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Ransomware attack hits 4 Asian countries of AXA subsidiary
PARIS — A targeted ransomware attack hit four countries among the Asian operations of Axa Partners, the international subsidiary of Axa insurance group, with...
Cyprus president unveils ‘ambitious’ economic stimulus plan
NICOSIA, Cyprus — Cyprus' president on Monday unveiled a 4.4 billion-euro ($5.34 billion) economic stimulus plan, which he described as the “most ambitious ever”...
Details on local council finances filed in Boy Scouts case
DOVER, Del. — Facing a key bankruptcy court hearing and broad objections from attorneys representing child-sex-abuse victims and insurance companies, attorneys for the Boy...
Feds say Swiss company to pay $77M over US tax evaders
NEW YORK — Switzerland’s biggest and oldest life insurance company will pay more than $77 million to the U.S. Treasury after admitting it helped...
Ex-UK PM Cameron grilled over links to bankrupt finance firm
LONDON — Former British Prime Minister David Cameron said Thursday he never suspected that a financial services company he lobbied for would go under,...
