As stocks went down in flames Thursday, Chase Manhattan
A fire that apparently started in a generator atop its 60-story office
Six people had minor injuries, including one firefighter, said a
Two of the injured were taken to nearby Beekman Hospital, the spokesman
An eyewitness said billows of black smoke began rising from the upper
The two-alarm fire brought nearly 200 firefighters and 50 trucks to the
The 1961 building served as headquarters for Chase until its 1996 merger
The Billings, Montana-based bank finds itself in the crosshairs of a high-profile activist investor. On Thursday, it stuck to its organic growth plan and said it isn't interested in using its excess capital to restructure its securities book.
Top SBA lenders are warning about the impact of a prolonged shutdown. NewtekOne skipped providing fourth-quarter guidance after its CEO said the situation was too cloudy to forecast.
The U.K. bank's "Scam Intelligence" tool uses Google's Gemini to analyze images and texts for red flags, aiming to reduce losses from authorized push payment fraud.
A commonly used standard for property and casualty insurance will offer a carve-out for generative AI liability starting in January. Startups like Testudo, Vouch and Armilla AI stand by to scoop up that business.
Until August, Bell was the executive director for loan guaranty service at the Department of Veterans Affairs, where he was credited with growing the program.
The 30-year rate dropped just 0.2 percentage points, as Federal Reserve Chair Jerome Powell's recent comments caused Treasury yields to rise.
