In a startling development, Doug Cifu, the CEO of Virtu Financial, is at the center of a high-profile investigation regarding allegations that he and other executives misappropriated $400 million owed ...
In a surprising move that has sent ripples through the financial community, Elon Musk’s Department of Government Efficiency (DOGE) has recruited Adam Hoffman, a former staffer from the prominent hedge ...
Bank of America is closing multiple branches as it adapts to digital banking trends. Learn more about this major shift. In recent weeks, Bank of America has made headlines with the announcement of ...
While the exact number of affected employees remains to be determined, this move is part of a larger pattern of downsizing within the banking industry in Pennsylvania and across the United States.
Franknez.com is a news content hub by journalists who actively give the people a voice. Our work has been cited by SEC and Congressional reports. As a leader in independent journalism, readers trust ...
Alpine Securities Corporation, a Salt Lake City-based broker-dealer, stands at a critical juncture as it prepares to appeal a significant legal defeat against the National Securities Clearing ...
Discover the implications of AMC's off exchange trading. An alarming 75.95% volume is happening outside the NYSE.
Chase is now being sued for closing accounts without warning and for wrongfully cancelling transactions. Sinai Holdings, a medical services firm in Broward County, Florida, claims that JPMorgan ...
Millennium Management has reported a staggering loss of approximately $900 million this year, primarily due to disruptions in its index-rebalancing strategy. This news comes at a time when retail ...
In a development that has sent shockwaves through communities and legal circles, a March 14, 2025, DOJ memo has reportedly granted ICE unprecedented authority to enter private homes without a judicial ...
In a bold move signaling intensified federal immigration efforts, Gregory Bovino, Chief Patrol Agent for U.S. Border Patrol’s El Paso Sector and recent leader of ICE operations in Los Angeles, ...
A bank is now being scrutinized for delaying a small transfer for 6 months, leaving a portion of the customer's money stuck in limbo. A bank is now being scrutinized for delaying a small transfer for ...