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Tom Hayes Accuses UBS of Malicious Prosecution in Libor Manipulation Case

Tom Hayes Accuses UBS of Malicious Prosecution in Libor Manipulation Case

BUSINESS - 10/28/2025

In a bold move, Tom Hayes has filed a lawsuit against UBS, claiming the bank maliciously prosecuted him to divert attention from senior executives in the infamous Libor scandal. After a decade of legal turmoil, Hayes seeks justice and punitive damages.

HSBC Surprises with Strong Q3 Profit Amid Rising Interest Income

HSBC Surprises with Strong Q3 Profit Amid Rising Interest Income

BUSINESS - 10/28/2025

HSBC has exceeded Q3 profit expectations with a net income of $7.3 billion despite rising operating expenses. The bank's wealth division saw remarkable growth, indicating a strong recovery. Learn more about HSBC's financial strategies and future outlook.

JPMorgan Battles $115 Million Legal Bill from Convicted Fraudsters

JPMorgan Battles $115 Million Legal Bill from Convicted Fraudsters

BUSINESS - 10/25/2025

JPMorgan Chase is contesting a staggering $115 million legal bill from convicted fraudsters Charlie Javice and Olivier Amar, claiming their excessive charges are abusive and unjust. The bank argues that the costs go beyond any reasonable defense expenses.

AWS Outage Sparks Global Concerns Over Cloud Dependence

AWS Outage Sparks Global Concerns Over Cloud Dependence

TECHNOLOGY - 10/21/2025

The recent AWS outage raised alarms about global dependence on major tech firms. Users faced disruptions ranging from banking access to losing streaks on apps, reigniting debates on tech reliance and market competition.

Unregulated Loans Spark Concerns as Banking Stocks Plummet

Unregulated Loans Spark Concerns as Banking Stocks Plummet

BUSINESS - 10/18/2025

A recent wave of fraud cases and bankruptcies is raising alarms about unregulated loans, leading to a sell-off in U.S. banking stocks that is impacting global markets this week.

Regional Lenders Unite: Fifth Third's Bold Acquisition of Comerica

Regional Lenders Unite: Fifth Third's Bold Acquisition of Comerica

BUSINESS - 10/6/2025

In a pivotal move for the banking industry, Fifth Third has announced its acquisition of Comerica, creating a financial powerhouse with $288 billion in assets. This merger aims to enhance competitiveness and expand into high-growth markets, signaling a new era for regional lenders.

Is the Amex Platinum Card Still Worth It with a $895 Annual Fee?

Is the Amex Platinum Card Still Worth It with a $895 Annual Fee?

BUSINESS - 10/5/2025

The Amex Platinum card's annual fee is rising to $895, sparking debate on its value. With new perks aimed at Millennials and Gen Z, is it worth the cost? Find out what consumers think!

Federal Reserve Makes Historic Move: First Interest Rate Cut of 2023!

Federal Reserve Makes Historic Move: First Interest Rate Cut of 2023!

BUSINESS - 9/18/2025

In a surprising announcement, the Federal Reserve has cut interest rates for the first time this year. However, experts warn this quarter-point reduction may not immediately impact mortgage or car loan rates as anticipated.

Senators Demand Transparency on JPMorgan's Epstein Ties Amid Banking Safeguard Concerns

Senators Demand Transparency on JPMorgan's Epstein Ties Amid Banking Safeguard Concerns

BUSINESS - 9/11/2025

In a gripping turn of events, senators are pushing for a hearing on JPMorgan's long-standing ties with Jeffrey Epstein, raising questions about the bank's oversight and the implications of their financial relationship. As new details emerge, the call for greater transparency intensifies.

Trump Appeals Judge's Ruling to Keep Fed Governor Lisa Cook

Trump Appeals Judge's Ruling to Keep Fed Governor Lisa Cook

POLITICS - 9/10/2025

In a dramatic legal battle, President Trump appeals a judge's decision to block his removal of Federal Reserve Governor Lisa Cook, the first black woman in the role. The case raises significant questions about Fed independence and presidential power.

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