Beleaguered US lender First Republic Bank has been taken over by JPMorgan in a deal brokered by regulators on Tuesday.
A lawsuit alleging that JPMorgan missed several suspicious transactions allowing the theft of US$272m from one of its clients, will now go ahead
Some of the world’s largest banks are facing a combined US$1bn in fines for allowing employees to converse with other employees and clients using WhatsApp and similar unauthorised messaging apps.
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