JPMorgan Chase & Co. Announces Job Cuts

JPMorgan Trading Up 49.3700 USD per share, +0.6800, +1.43% Despite the banking industry posting its finest success since 2006, the six biggest U.S. banks released plans within the first 3 months of 2013 to eradicate about 21,000 jobs, or 1.8% of their total workforce, according to Bloomberg…. Read More… Advertisements

Barclays Along With Others Now Exempt From Dodd-Frank Act

Barclays Trading Down 17.4701 USD Per Share, -0.4400, -2.56% As a consequence of a determination made final by the United States Commodity Futures Trading Commission, Barclays, together with other banks can now be exempt from Dodd-Frank Act swap market regulations when trading in between or… Read More…