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The bank's delay in investigating the case forced the plaintiff to resign from the bank in July 2021, according to the complaint. Wells said that it takes allegations of misconduct "very seriously."
February 8
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Derivatives markets were hobbled for several days by hackers using malware from LockBit, who said ION paid the ransom.
February 8
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Primis Financial in McLean believes its multimillion-dollar investment in a subsidiary that makes online loans to doctors, dentists and veterinarians will begin paying off this year, after build-out costs weighed on the bottom line in 2021 and 2022.
February 8
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Fierce, which Rob Cornish launched Wednesday, offers a high-yield cash account and the ability to buy securities, including fractional shares.
February 8
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Bank of England releases digital pound details, CBA adds anti-scam tech, and more. Here's what's happening around the world.
February 8
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The loyalty tech provider aims to bypass credit card networks with an account-to-account payment option leveraging faster payment rails. Observers say it faces long odds for mass adoption.
February 8
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JPMorgan Chase pushed back on allegations that its former executive Jes Staley "personally observed" Jeffrey Epstein's abuse, calling them "unsupported" and "conclusory."
February 8
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Visa is opening a new office in Atlanta as the payments giant proceeds with plans to triple its workforce in the city even as rivals cut back on their staffing.
February 8
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The Raleigh, North Carolina-based Coastal hired Tyler Grodi to be its new chief executive effective April 1.
February 8
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As the cryptocurrency mania raged, Congress took a hands-off approach, keeping the fast-growing industry in legal limbo as it spawned startups and drew billions of dollars from investors. That's left it to the courts to deal with the wreckage.
February 8
