Browsing: Bank

NEW YORK, Aug 21 (Reuters) – The U.S. Securities and Exchange Commission on Friday charged a former senior Bank of America investment banker with insider trading, ‌alleging he tipped a longtime friend and former colleague about a pending merger, allowing ‌the friend to make $18.5 million of illegal profit.

A federal grand jury has indicted a 41-year-old Dallas man for allegedly executing a long-running, multi-million dollar bank and wire fraud scheme that defrauded financial institutions and private lenders out of more than $20 million

Healthcare technology giant CareCloud has confirmed that a data breach earlier this year impacted more than 3.75 million people, making it one of the largest healthcare data incidents disclosed this year.

Axos Financial, Inc. (AX) files its annual report describing a technology-driven, diversified financial services business operating through banking and securities segments. The company reports approximately $30.0 billion in assets and about $47.8 billion of assets under custody and/or administration at Axos Clearing.

Ernst & Young and Bank of America agreed to pay $2.5 million as part of a class action settlement to resolve claims that they failed to protect consumers from a 2023 data breach of the MOVEit file transfer service.

Aristotle Capital Boston, LLC, an investment advisor, released its “Small Cap Equity Fund” Q2 2026 investor letter. A copy of the letter can be downloaded here. The Fund returned 13.69% in the second quarter of 2026, trailing the Russell 2000 Index’s 21.49% gain as security selection in information technology and industrials weighed on performance despite…

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Three men were arrested after allegedly following an older man home from a bank and stealing a large amount of money from his vehicle in Camarillo, authorities said Wednesday.

The bank’s scheduling change targets midweek office overcrowding and raises questions every large employer should be asking about hybrid work

Bank of America is tightening its hybrid work rules, preventing eligible employees from working remotely on two consecutive business days from mid-September, as the lender continues to refine its post-pandemic workplace strategy.