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JPMorgan Chase CEO Jamie Dimon stated at the New York Times annual DealBook summit on November 29, 2023, that his bank would exit China if the U.S. government ordered him to do so. Dimon expressed this during a discussion about a potential future conflict over Taiwan, emphasizing that “If there’s a war in Taiwan, you…
Mastercard collaborates with Feedzai to combat crypto fraud In a bid to prevent and detect fraud in the cryptocurrency space, Mastercard has teamed up with Feedzai, a leading regulatory technology platform. This partnership aims to utilize artificial intelligence to combat money laundering and financial scams reaching over 6,000 crypto exchanges. The collaboration involves Feedzai integrating…
Citigroup CEO Jane Fraser is facing mounting pressure to turn around the struggling global bank. After announcing a corporate overhaul in September, Fraser warned that layoffs would be part of the restructuring. The talks of job cuts, which could amount to at least 10% of the workforce in several major businesses, have caused anxiety among…
Expedia, Apple, Paramount Global, Bill Holdings, DraftKings, Trupanion, Block, Icahn Enterprises, Bank of America, Citi, JPMorgan Chase, Insulet, Gartner, and Lionsgate Entertainment are among the companies making headlines in midday trading. Expedia experienced a surge of nearly 19% in its shares after delivering a better-than-expected earnings report for the third quarter. The vacation booking platform…
