Tag: Banking Industry
Banks’ Future Threatened by Eric Trump’s Warning
DUBAI, United Arab Emirates — Eric Trump has a warning for banks: change the way you operate, or go extinct."The modern financial system is broken, it's slow, it's expensive," the executive vice president of...
Trump 2.0 Impact on Banks and Small Caps
The recent changes in the political landscape under the Trump administration have sparked significant shifts in the financial markets, particularly impacting big banks and small-cap stocks. According to John Davi, the founder and CEO...
Capital One Outage Continues: Some Customers Unable to Access Deposits
**Capital One Outage: Customers Struggle to Access Deposits**An ongoing outage at Capital One has left many customers unable to access their deposits, payments, and transfers for the second consecutive day. The technical issue, caused...
Potential Recession Ahead: Jamie Dimon’s Outlook and Predictions
JPMorgan Chase CEO Jamie Dimon recently shared his thoughts on the current state of the U.S. economy, expressing his belief that the likelihood of a recession is higher than a "soft landing." Dimon stated...