Berkshire Hathaway’s big mystery stock wager could be revealed soon
Berkshire Hathaway, led by legendary investor Warren Buffett, has been making a confidential wager on the financial industry since the…
U.S. Bank fined $36 million for freezing unemployment debit cards during Covid-19 pandemic
WASHINGTON — The Consumer Financial Protection Bureau on Tuesday announced it has fined U.S. Bank nearly $21 million for cutting…
Supermarket bank branches are closing 7 times faster than other locations
American banks have been shuttering branches located within supermarket chains at a rate seven times faster than other locations amid…
House Republicans subpoena Citibank over info shared with FBI after Jan. 6
WASHINGTON — House Judiciary Committee Chairman Jim Jordan issued a subpoena to Citibank on Thursday, demanding information about whether the…
Fitch warns it may be forced to downgrade dozens of banks, including JPMorgan Chase
A Fitch Ratings analyst warned that the U.S. banking industry has inched closer to another source of turbulence — the…
