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Bitcoin Widow Wins $270,000 Settlement After Bank Blocks Deposit
Monday, August 7, 2023 - 12:27pm | 530Esther Freeman, a pensioner who earned approximately $270,000 from Bitcoin (CRYPTO: BTC) investments, had her lawsuit against Bank Hapoalim dismissed nearly two years after alleging the bank refused her deposit of the cryptocurrency profits. Both parties reached an agreement, stating that "...
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JPMorgan CEO Jamie Dimon Calls Out the Fed: Too Many Rules, Questions Reliability Of Stress Tests
Friday, May 12, 2023 - 2:25pm | 520Jamie Dimon, the CEO and chairman of JPMorgan Chase & Co (NYSE: JPM), expressed concern about the impact of potential Federal Reserve overregulation on American banks. His remarks come in the wake of several significant banking failures this year, including Signature Bank (OTC: SBNY),...
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Should Banks Be 'Praying' For Regulation?
Wednesday, June 1, 2016 - 10:53am | 299Josh Brown, aka "The Reformed Broker" is a fan of banking regulation to the point where he suggested that Wall Street banks "should get down on their knees and pray for regulation." Brown commented on a recent Wall Street Journal report which detailed how banks are dealing...
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Donald Trump Makes The Case Against Breaking Up Big Banks, Repealing Dodd-Frank
Wednesday, May 18, 2016 - 11:30am | 362Democratic presidential candidate Bernie Sanders and presumed Republican nominee Donald Trump share opposing views on many issues, the most notable of which may appear to be breaking up large banks. While Sanders is campaigning on breaking up "too-big-to-fail" financial institutions, Trump isn't...