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Challenges of Variable Income AND How to Overcome Them

Most people are fortunate enough to receive regular, steady income. They know exactly what each paycheck will be based on a consistent hourly wage or salary. Others live on what is called 'variable' income....

Your Bank is Now in the Palm of Your Hand

The times have changed and technology evolved. You no longer have to go to your bank, wait in big lines, talk to bank employees or do anything outside of the comfort of your home....

Jefferies launches new technology banking group with six new employees

American global investment bank, Jefferies Group LLC, has now officially started a new practice that is now expanding as a technology investment banking practice. The company will have six new managing directors who will...

Bank of America Corp (BAC) Settles Mortgage Bond Dispute For $9.3 B

Bank of America Corp (NYSE:BAC) will pay $9.3 billion in settlement of the claims over selling Fannie Mae and Freddie Mac faulty mortgage bonds. The settlement will put an end to one of the...

JPMorgan Chase & Co. (JPM) To Sell Its Commodities Unit To Mercuria

JPMorgan Chase & Co. (NYSE:JPM) will sell its physical commodities unit to Mercuria, says a report from Reuters. The Swiss trade house is considered as one of the best commodities traders. According to the...

JPMorgan Chase & Co. (JPM) Ramps Up Effort For Worker Training

JPMorgan Chase & Co. (NYSE:JPM) Chief executive officer Jamie Dimon has unveiled a five year plan to enhance the worker training globally. The program would receive an investment of $250 million. Program to help community Mr....

JPMorgan’s $13B Settlement, One Of The Biggest Till Date

JPMorgan Chase & Co. (JPM) will pay $13 billion to settle the United States civil probes over its mortgage bond, which will make the investment bank one of those companies who has paid the...

Wells Fargo Q3 Net Income Up 13 Percent

Wells Fargo & Company (NYSE:WFC), the fourth largest bank in the United States reported  $5.6 billion net income or $0.99 earnings per share in the third quarter, an increase of 13% from its financial...

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