JPMorgan asks court to end legal fee payments for Charlie Javice
Editor’s Digest: JPMorgan Chase Takes Legal Action Against Convicted Fintech Executives In a recent turn of events, US-based banking giant JPMorgan Chase has filed a request in court to be absolved of its obligation to cover the legal fees for Charlie Javice and Olivier Amar, two executives convicted of defrauding the bank. This surprising development […]
RBA workforce and costs balloon
The Reserve Bank of Australia Faces Rising Staff and Project Costs The Reserve Bank of Australia (RBA) is grappling with a surge in staff and project expenses, which has significantly impacted its budget. The central bank’s operating costs soared to $750 million in financial year 2025, a significant increase from $608 million in 2024. Additionally, […]
Shares in Mass. bank drop after talk of more potential M&A
Eastern Bankshares Stock Plummets Amid M&A Speculation Boston-based Eastern Bankshares’ stock witnessed a sharp fall on Friday, following comments from its CEO indicating the potential consideration of mergers and acquisitions (M&A) to benefit shareholders. The bank, which is on the cusp of completing its third bank acquisition in four years, is currently the target of […]