JPMorgan Chase is giving $1 million to two anti-hate groups
The money will be split between the Southern Poverty Law Center and the Anti-Defamation League, according to a Monday memo from Peter Scher, the New York-based bank’s head of corporate responsibility. The bank will also start a new program to match employee donations to human rights organizations for as much as an additional $1 million.
“The events in Charlottesville have
The Santa Anna National Bank in Central Texas is the second bank to fail this year.
New order lets banks use third-party data for customer ID, reducing paperwork for firms, but the idea has divided some in the industry.
The largest U.S. banks took less of a capital hit under the Federal Reserve's hypothetical stress scenario than they did last year, but averaging the two sets of results could impact next year's regulatory requirements.
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The company sought to pay far less than a New York court had imposed as a result of the lawsuit the SEC brought against it. In a twist, the new SEC leadership argued on the company's side against the prior administration's position.
Republicans pulled a $52B foreign bank tax after Bessent says he struck a global pact, easing industry fears.
