Crypto Hacker Who Drained $42,000,000 From GMX Goes White Hat, Returns Funds in Exchange for $5,000,000 Bounty

A crypto hacker who stole tens of millions of dollars from the decentralized crypto perpetuals exchange GMX (GMX) is turning white hat by returning the stolen funds to collect a…

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JPMorgan Chase, Bank of America, Wells Fargo and Citigroup Holding $172,280,000,000 in Unrealized Losses As Bank Bond Portfolios Remain Underwater: S&P Global

The four largest banks in the US are staring at tens of billions of dollars in unrealized losses on their held-to-maturity (HTM) securities as bond portfolios remain in the red.…

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Wall Street Firm Abruptly Upgrades JPMorgan and Morgan Stanley, Says Upside Scenario Now Base Case for Big Banks

Boutique investment bank KBW believes JPMorgan Chase and Morgan Stanley are primed to witness higher prices as conditions conspire to favor large US banks In a new interview on CNBC…

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New Banking Malware Hammers US and Canada, Reaches Over 50,000 Android Users in Just Six Days

A dangerous Android-based banking malware is rapidly spreading across the United States and Canada. Anatsa is capable of stealing banking credentials using various methods including overlay attacks and keystroke logging…

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Robinhood CIO Unveils S&P 500 Targets, Says She’s ‘More Bullish’ on One Banking Sector Ahead of Earnings Reports

A top executive at the retail-focused trading app giant Robinhood is updating her targets for the S&P 500 this year. In a new interview on CNBC’s Squawk Box, Robinhood CIO…

Continue ReadingRobinhood CIO Unveils S&P 500 Targets, Says She’s ‘More Bullish’ on One Banking Sector Ahead of Earnings Reports