Big Banks Face $1 Billion in Fines Over WhatsApp, Other Unapproved Message Tools, Says Report

  Link: THE BL Major banks such as JPMorgan Chase, Citigroup, and Bank of America are collectively facing more than $1 billion in regulatory fines, after employees used unapproved communication tools, such as private email and messaging apps like WhatsApp. The U.S. Securities and Exchange Commission (SEC) discovered the violations after probing several banks’ record-keeping practices […]

Read More… from Big Banks Face $1 Billion in Fines Over WhatsApp, Other Unapproved Message Tools, Says Report

Judge Permanently Blocks Biden Oil and Gas Leasing Pause in 13 States

  Link: THE EPOCH TIMES The injunction applies to the 13 states that sued the Biden administration over the moratorium in March 2021, including Alabama, Alaska, Arkansas, Georgia, Louisiana, Mississippi, Missouri, Montana, Nebraska, Oklahoma, Texas, Utah, and West Virginia. Terry Doughty, the U.S. district judge for the Western District of Louisiana, ruled that the White […]

Read More… from Judge Permanently Blocks Biden Oil and Gas Leasing Pause in 13 States

Property crisis wipes out $90 billion of Chinese real estate developers: Report

  Backlink: THE BL According to Bloomberg, Chinese real estate developers have lost at least $90 billion of their stock values and dollar bonds in the property crisis that has been hitting the sector with insolvency and sharp drop in the housing business.       […]

Read More… from Property crisis wipes out $90 billion of Chinese real estate developers: Report