Tag: JPMorgan

Wall Street opens higher, helped by JPMorgan, oil

Thu Jan 14, 2016/Reuters U.S. stocks opened slightly higher on Thursday as oil prices rose and JPMorgan’s strong results boosted bank stocks. The Dow Jones industrial average was up 54.24 points, or 0.34 percent, at 16,205.65. The S&P 500 was up 6.09 points, or 0.32 percent, at 1,896.37 and the […]

Exclusive: Target hackers stole encrypted bank PINs – source

The hackers who attacked Target Corp and compromised up to 40 million credit cards and debit cards also managed to steal encrypted personal identification numbers (PINs), according to a senior payments executive familiar with the situation. One major U.S. bank fears that the thieves would be able to crack the […]

Banks pay for past sins as U.S., Europe levy record fines

U.S. and European regulators fined banks record amounts this year, imposing penalties and settlements of more than $43 billion as authorities work more closely across borders to clean up the financial sector. Banks in the United States and Europe are paying for misconduct that includes mis-selling U.S. mortgage bonds, rigging […]