Murphy to sign major tax credit bill boosting NJ manufacturing and clean energy sector
TRENTON, NJ – Governor Phil Murphy is expected to sign Assembly Bill 5687 into law on Wednesday, launching the “Next New Jersey Manufacturing Program,” a sweeping new initiative designed to attract major…
‘The Next Step In Banning Guns’: Tucker Carlson, Glenn Beck Break Down Credit Card Tracking Of Gun Purchases
‘The Next Step In Banning Guns’: Tucker Carlson, Glenn Beck Break Down Credit Card Tracking Of Gun Purchases Harold Hutchison on September 22, 2022 Fox News host Tucker Carlson and talk radio…
Credit Suisse aims for stronger franchise from global review
By Scott Murdoch HONG KONG (Reuters) – Credit Suisse’s top two executives have told staff the bank is working to establish a stronger franchise in the longer term, according to a memo…
Credit Suisse shares hit record low after report bank is looking to raise cash
LONDON (Reuters) – Credit Suisse shares dropped to a record low on Friday after a Reuters report said the company is looking to raise fresh cash. Credit Suisse has started sounding out…
JPMorgan reduces credit to China’s Tsingshan and metal clients globally
By Eric Onstad, Pratima Desai and Peter Hobson LONDON (Reuters) – JPMorgan Chase & Co has reduced lending to China’s Tsingshan, one of the world’s top nickel producers, while also paring back…
Cleveland Heights Man Sentenced to Prison and Ordered to Pay $177k in Restitution for Credit Card Fraud Scheme
CLEVELAND – Carlos Dashawn Brown, 28, of Bowling Green and Cleveland Heights, Ohio, was sentenced on Wednesday, September 14, 2022, to 38 months in prison and ordered to pay $177,716.07 in restitution…
Chief Credit Officer Admits to Conspiracy to Defraud First NBC Bank
NEW ORLEANS – United States Attorney Duane A. Evans announced that WILLIAM J. BURNELL (“BURNELL”), age 72, a resident of Kenner, Louisiana, pleaded guilty today to conspiracy to defraud First NBC Bank…
Credit Suisse exec: Swiss bank not main focus for cost savings
ZURICH (Reuters) – Credit Suisse’s Swiss unit has become more efficient and growth focused in recent years and will thus be hit less by restructuring and cost savings than other parts of…
Former New Pilgrim Federal Credit Union Manager Charged with Embezzlement
BIRMINGHAM, Ala. – A Birmingham man has been charged with devising a scheme to embezzle from his employer, announced U.S. Attorney Prim F. Escalona and Federal Bureau of Investigation Special Agent in…
Credit Suisse raises UK GDP forecast after energy package
LONDON (Reuters) – Credit Suisse raised its 2023 UK GDP forecast on Friday, predicting that the UK government’s plan to freeze household energy bills for two years will likely lead to a…
Credit Suisse strikes deal to buy out China joint venture partner
By Selena Li HONG KONG (Reuters) – Credit Suisse said on Thursday it had struck a deal to buy out its local partner in a Chinese securities joint venture, reaffirming its commitment…
Kalispell couple sentenced to more than 30 months in prison in scheme to steal mail and use stolen credit cards to defraud businesses
MISSOULA — A Kalispell couple convicted in a scheme to steal hundreds of pieces of mail from rural mailboxes in Lincoln and Flathead counties and use credit cards found in the stolen…
Analysis-As interest rates jump, Canadian borrowers turn to credit unions for mortgages
By Nichola Saminather TORONTO (Reuters) – In a country where the Big Six banks control 80% mortgage market share, Canada’s smaller lenders are making some rare headway after the Bank of Canada’s…
UK credit default swaps hit fresh 27 month high
LONDON (Reuters) – The cost of insuring exposure to Britain’s sovereign debt rose by 2 basis points on Wednesday, hitting levels last seen in June 2020 when markets were recovering from the…
Vietnam central bank lifts cap on credit growth for some banks
HANOI (Reuters) – The State Bank of Vietnam (SBV) said on Wednesday it has raised caps on credit growth for some banks this year, based on their latest operational results, market developments…
Essex County Man Admits Using Credit Cards and Checks Stolen from U.S. Mail to Attempt to Defraud Banks of Over $250,000
NEWARK, N.J. – An Essex County, New Jersey, man today admitted scheming with others to use credit cards and checks that were stolen from the mail by at least two U.S. Postal…
Investors must wait for Brazil election for fiscal clarity -Credit Suisse executive
By Paula Arend Laier SAO PAULO (Reuters) – Investors seeking clarity about the future of Brazil’s fiscal policy from 2023 on must wait for the outcome of October’s presidential election, said the…
Exclusive-Embattled Credit Suisse aims to launch China wealth business next year
By Anshuman Daga SINGAPORE (Reuters) – Credit Suisse, which has been buffeted by a string of scandals, management changes and global strategy rejigs, is still betting big on China and plans to…
Credit Suisse plans 3,200 job cuts in Zurich – Blick paper
ZURICH (Reuters) – Credit Suisse plans to cut 3,200 jobs in Zurich as part of a cost-cutting drive at the bank, Swiss newspaper Blick reported on Thursday, citing an unnamed company source.…
South Korea presses concerns over U.S. EV tax credit reform
WASHINGTON (Reuters) – Korean Deputy Trade Minister Ahn Sung-il raised concerns on Tuesday with the Biden administration over the revamped $7,500 electric vehicle tax credit that makes vehicles assembled outside North America…
Liberal Pension Leaders Petition Credit Card Companies To Track Firearm Purchases
Liberal Pension Leaders Petition Credit Card Companies To Track Firearm Purchases John Hugh DeMastri on August 30, 2022 Pension officials in New York City and California have petitioned Visa, Mastercard and American Express to…
Springfield, Illinois, Man Sentenced to 24 Months in Prison for Six Counts Related to Possession and Use of Counterfeit Credit Cards and Counterfeit Device Making Equipment
SPRINGFIELD, Ill. –A Springfield, Illinois, man, Calvin Christian, III, 31, of the 1700 block of South College Street was sentenced on August 25, 2022, to 24 months in prison, to be followed…
IMF board approves $18.5 billion flexible credit line for Chile
(Reuters) – The Executive Board of the International Monetary Fund (IMF)approved a flexible credit line of around $18.5 billion for Chile to “augment buffers and provide insurance against adverse scenarios,” the IMF…
Euro zone business credit growth surges again in July
(Reuters) – Lending to euro zone companies continued to surge in July, beating expectations for a slowdown due to rising recession fears and plans by lenders to tighten access to fresh credit,…
Kearny Police Say Credit Card Skimming on the Rise
KEARNY, NJ – Police in Kearny and the surrounding are have reported an increase in credit card skimming. That’s the act of stealing your credit card information by placing an additional device…
Man Sentenced to 42 Months’ Imprisonment for Attempting to Rob the Vermont Federal Credit Union in Burlington
The Office of the United States Attorney for the District of Vermont stated that Donald McCandless, 43, formerly of Norfolk, Virginia, was sentenced today in United States District Court in Burlington to…
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