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Stock Market & Financial Investment News

News Breaks
February 10, 2013
12:54 EDTJPM, BAC, GS, C, USB, MS, WFC, HBC, SCBFFTreasury eases off on 'tougher' antimoney-laundering rules for banks, WSJ says
The Treasury will be announcing new antimoney-laundering rules in the coming weeks and according to the Wall Street Journal, they have tempered the original proposal that would have imposed some of the toughest rules on banks to fight money laundering. Reference Link
News For JPM;BAC;GS;C;USB;MS;WFC;HBC;SCBFF From The Last 14 Days
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September 5, 2014
07:26 EDTC, BAC, JPMApple strikes transaction fee discount deals, Bank Innovation says
Apple (AAPL) has reached deals with American Express (AXP), JPMorgan (JPM), Citigroup (C), Capital One (COF), and Bank of America (BAC) to lower card transaction fees for its soon to be launched payments venture, said Bank Innovations, citing an earlier report from Tom Noyes and confirmation by its own sources. Apple has both convinced them to consider its transactions as “card present,” which carries a lower discount rate, and has also managed to bump down the actual “card present” rate by 15 to 25 basis points, according to people with knowledge of the matter, the report noted. Reference Link
06:27 EDTJPMHealthCare.gov insurance site breached by hacker in July, WSJ reports
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