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Business

Biggest Bank in US Hacked: JPMorgan Admits Data Breach for 76 Mn Households
Business  (tags: Banking, Crime, Finance, Hacking, Security, USA )

Ray
- 48 days ago - rt.com
More than half of all households in the United States were affected by a data breach that occurred earlier this summer, JPMorgan Chase revealed on Thursday. The names, addresses, and numbers of millions of affected bank clients were stolen by hackers.
Hackers Have Managed to Break Into 7 of the Top 15 Banks. Here's What You Need to Know
Business  (tags: world, corporate, banks, banking, hacking, hackers, money )

Darren
- 82 days ago - money.cnn.com
Hackers have managed to break into 7 of the top 15 banks. Here's what you need to know.
Total US Debt Soars to Nearly $60 Trn, Foreshadows New Recession
Business  (tags: Banking, Economy, Global economy, Government Spending, USA )

Ray
- 155 days ago - rt.com
America - its government, businesses, and people - are nearly $60 trillion in debt, according to the latest economic data from thethe St. Louis Federal Reserve. And private debt - not government borrowing - is the biggest reason for the huge deficit.
Bankers Killing Bankers for the Insurance Money and Another Look at 9/11
Business  (tags: Banking, Politics, USA )

Ray
- 185 days ago - rt.com
Two big, macabre stories came out of Wall Street recently: the rash of banker deaths by apparent murder and/or suicide, and speculation that bank CEOs themselves are behind the trend to cash in on the insurance.
Traders Made Hundreds of Millions Off of Leaked Fed Decisions
Business  (tags: Banking, Markets, Trade, USA )

Ray
- 188 days ago - rt.com
Researchers in Singapore say millions of dollars in profit was generated illegally by traders in the United States who took advantage of privileged Federal Reserve policy decisions disclosed to them before becoming publicly available.
Would You Take a 50% Loss on Your House to Save a Banker's Life?
Business  (tags: Banking, Mass media )

Ray
- 207 days ago - rt.com
Why so many banker suicides?Zerohedge reports that suicide-banker no. 14, a 52-year-old banker at France's Bred-Banque-Populaire, died after jumping from the 14th floor of the bank's Paris headquarters.
Shocker: Average Credit Card Interest Climbs to 21%
Business  (tags: Banking, Economy, Global economy, Interest Rates, USA )

Ray
- 212 days ago - rt.com
As credit card companies try and spur consumer spending in the United States with introductory perks and cash rewards, they have raised interest rates on other customers to a remarkable 21 percent.
The Global Banking Game Is Rigged, and the FDIC Is Suing
Business  (tags: americans, banking, business, consumers, corporate, corruption, dishonesty, economy, finance, government, investments, law, money, politics, society )

Kit
- 218 days ago - truth-out.org
Taxpayers are paying billions of dollars for a swindle pulled off by the world's biggest banks, using a form of derivative called interest-rate swaps; and the Federal Deposit Insurance Corporation has now joined a chorus of litigants suing over it.
Guilty Plea By Credit Suisse Banker Could Blow The Lid Off
Business  (tags: Credit Suisse, finance, tax evasion, USA, IRS, banking, americans )

Nancy
- 252 days ago - forbes.com
Now, the first of seven of its indicted Swiss bankers has plead guilty to conspiring to defraud the IRS. Andreas Bachmann, 56, of Switzerland, took a plea and claims bank execs knew all about it.
Credit Suisse Release the Names of 22,000 Wealthy American Tax Dodgers ACTION
Business  (tags: credit suisse, tax evasion, government, corruption, banking, business, money )

Nancy
- 252 days ago - other98.com
Credit Suisse admits their bankers helped a whopping 22,000 accountholders avoid U.S. taxes via offshore shelters - and now their CEO, Brady Dougan, is simply refusing to give the names to the U.S. government.
Credit Suisse Execs 'Deeply Regret' Helping Americans Evade Taxes
Business  (tags: americans, banking, corruption, dishonesty, finance, government, money, Swiss Banking, tax evasion )

Kit
- 254 days ago - america.aljazeera.com
Credit Suisse's CEO defended the Swiss bank on Wednesday in front a Senate subcommittee on offshore tax evasion
Financial Death Toll Rises to 6, as JP Morgan Employee Jumps From Asian HQ
Business  (tags: Banking, Crisis )

Ray
- 272 days ago - rt.com
A third JP Morgan employee has died under mysterious circumstances in a matter of few weeks. A still unidentified "Chinese male in his thirties" jumped from the roof of Charter House, the 30 floor Hong Kong headquarters of JPM.
Probe Launched Into Claims Stolen Barclays Bank Customer Details Sold to 'Unscrupulous Brokers'
Business  (tags: Banking, England, United-Kingdom, crime, law-crime-and-justice )

Sam
- 284 days ago - abc.net.au
Britain's data watchdog has launched a probe after confidential files relating to Barclays Bank customers were allegedly stolen then sold on to rogue brokers. The Mail newspaper claimed such information was valuable on the black market..
JPMorgan, Morgan Stanley Fined $1.8 Bn for Concealing Pre-Crisis Mortgage Risk
Business  (tags: Banking, Economy, USA )

Ray
- 284 days ago - rt.com
Morgan Stanley has agreed to pay $1.25 billion to the US government, and JPMorgan has been fined $614 million as a penalty for concealing the full risk associated with mortgage securities.
Federal Reserve Hacked
Business  (tags: aaron swartz, anonymous, banking, cyber security, federal reserve, hacktivism, op last resort )

Judy
- 650 days ago - guardian.co.uk
The US Federal Reserve bank has confirmed one of its internal websites was broken into by hackers after the hacktivist group Anonymous was claimed to have stolen details of more than 4,000 bank executives.
 

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