Banco Popular de Puerto Rico

The proposal would extend the freeze another six months, until 2022; the digital yuan will give the government greater control over the economy and its people and could threaten the dollar.

The Crypto Council for Innovation wants a voice in how bitcoin is regulated; the #GetBanked public awareness campaign aims to help people without accounts get stimulus checks faster.

Dimon says “nearly all” of the bank’s 250,000 employees will return after the pandemic; Instacart has chosen Chase to issue its card, while DoorDash has received offers from 10 banks.

The big Japanese investor is buying $500 million of the mortgage lender’s stock; Revolut will allow each of its 2,000 employees to work abroad for up to two months a year.

Thomas Gottstein’s one-year tenure has been marked by multiple costly scandals; the company’s valuation and profitability have jumped as bitcoin’s price has surged, but are those levels sustainable?

The move is the latest by the Swiss bank following $4.7 billion of losses in the Archegos debacle; bitcoin ETFs move forward, but HSBC bans trading in firm linked to digital currencies.

JPMorgan Chase reports first-quarter results; proposed corporate tax hike could boost infrastructure and other tax-advantaged lending.

The profit surge was fueled by strong trading and investment banking results; the crypto exchange’s public offering could serve to validate digital currencies.

The bank will instead concentrate on wealth management in Europe, Asia and the Middle East; cash-heavy consumers are unlikely to default but also less likely to want new loans.

The bank plans to hire more than 2,000 bankers and support staff as part of its wealth push; CEO Quinn is abolishing the bank’s executive floor in London, where honchos will share desks.