BankingIndustry News

Take action against Citibank: NJ Law Firm Fights Citibank’s Bid To Duck Wire Fraud Suit

From Law360: Law360 (September 3, 2021, 5:00 PM EDT) -- Scura Wigfield Heyer Stevens & Cammarota LLP called on a New Jersey federal court Friday to keep Citibank NA in its suit over a purported...

Chicago Tribune reports Woman stabbed while working at Chase Bank on Near North Side dies

From Chicago Tribune: A 24-year-old woman who was stabbed in the neck Wednesday while working at a Chase Bank on the Near North Side has died of her injuries, according to the Cook County...

Chase employee stabbed in neck, charges pending person in custody, warns Chicago Tribune

From Chicago Tribune: A 24-year-old woman was critically injured when she was stabbed in the neck inside a bank in the Near North neighborhood Wednesday, officials said. Chicago police and paramedics were called to...

Citibank eyes new North Dallas operation, according to The Dallas Morning News

From The Dallas Morning News: New York-based banking giant Citigroup is planning a new office in North Dallas. But the big bank isn’t saying what operations will be in the new location on Preston Road. Citibank is...

Hold Chase Bank responsible: Bankers chase Byju’s for IPO, valuation pegged up to $50 billion

From TechCrunch: Nearly every top investment bank is chasing Byju’s and nudging the most valuable Indian startup to seriously explore the public markets as soon as next year. Most banks have given Byju’s a proposed valuation...

Citi considering bitcoin futures trading for some institutional clients, says Reuters

From Reuters: Aug 24 (Reuters) - Citigroup Inc is considering offering bitcoin futures trading for some institutional clients, a spokesperson for the bank said on Tuesday, citing increased demand in the cryptocurrency space. Bitcoin prices rose...

Citibank news: UN Humanitarian Fund Manager Sues Citi Over Missing €10B

From Law360: Law360, London (August 23, 2021, 1:52 PM BST) -- A money manager for United Nations humanitarian projects is asking a London court to order an inquiry into a missing €10 billion ($11.7 billion)...

Compass Mining Says Chase Shut Down Bank Accounts Without Warning, Warns CoinDesk

From CoinDesk: Bitcoin mining firm Compass Mining’s bank accounts with Chase Bank, the retail banking arm of financial services colossus JPMorgan, were terminated without warning earlier this week, according to Compass CEO Whit Gibbs. Gibbs...

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PayPal headlines: Fact check: Treasury proposal wouldn’t levy new tax on PayPal, Venmo transactions

From USA TODAY: A proposal from the Department of the Treasury aimed at decreasing tax avoidance has become the subject...

T-Mobile customers take note: AT&T says it has big problems. A T-Mobile salesman showed me how big

From ZDNet: I've missed going to phone stores. This may not be a sentence you've heard from too many people lately,...

TechCrunch on PayPal: This Week in Apps: PayPal launches ‘super app,’ Twitter adds crypto tips, Apple won’t take Fortnite back

From TechCrunch: Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS...