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…
Russian court rules that $20.9 million in Credit Suisse assets may be seized
MOSCOW (Reuters) – A Russian appeals court has imposed interim measures against Credit Suisse and ruled that funds totalling $20.9 million held by the Swiss bank in Russia may be seized, court…
Woman’s Stolen Credit Cards Used by NYC Grand Larceny Suspect
New York City, NY – The New York City Police Department is requesting the public’s assistance in identifying an individual connected to a grand larceny incident. The case was reported in Staten…
Brazil’s Finance Ministry views limit for credit card debt growth as reasonable
BRASILIA (Reuters) – Brazil’s Finance Ministry says the measures stipulated in a recent legislation aimed at diminishing credit card revolving interest rates are a rational step, a top official said on Wednesday.…
George Santos Hit With 23-Count Superseding Indictment Over Alleged Credit Card Fraud, Conspiracy
George Santos Hit With 23-Count Superseding Indictment Over Alleged Credit Card Fraud, Conspiracy Harold Hutchison on October 10, 2023 The Justice Department hit Republican Rep. George Santos of New York with a…
Congressman George Santos Charged With Conspiracy, Wire Fraud, False Statements, Falsification of Records, Aggravated Identity Theft, and Credit Card Fraud
CENTRAL ISLIP, NY – A 23-count superseding indictment was filed today in the United States District Court for the Eastern District of New York, charging George Anthony Devolder Santos, better known as…
Scotiabank, Sun Life partner to help wealthy Canadians invest in private credit
By Nivedita Balu TORONTO (Reuters) – Bank of Nova Scotia and Sun Life Financial’s asset-management division are partnering to tap into the demand from wealthy Canadians looking to invest in private credit,…
Italy’s deficit hikes could threaten its credit rating – Scope
By Sara Rossi MILAN (Reuters) – Italy’s higher budget deficits this year and next could make it ineligible for bond support under the European Central Bank’s latest scheme, which would be negative…
Fed says credit to wind down failed banks drops again in latest week
NEW YORK (Reuters) – The Federal Reserve said on Thursday that credit it has extended to help wind down failed banks marked a big drop in the latest week. The Fed reported…
NYPD Seeking Four Wanted for Robbery, Credit Card Theft
NEW YORK CITY, NY – The New York City Police Department is seeking the public’s help in identifying individuals connected to a robbery. On Sunday, September 10, around 1:45 a.m., a 32-year-old…
UBS cuts nearly 70% Credit Suisse researchers in Hong Kong-sources
HONG KONG (Reuters) – UBS has cut around 70% of the Hong Kong-based staff headcount at Credit Suisse’s securities research unit, two sources with direct knowledge of the matter said, as the…
S&P lifts SoftBank’s credit outlook to positive on Arm IPO
By Anton Bridge TOKYO (Reuters) -S&P Global Ratings revised its credit outlook for Japanese technology investor SoftBank Group to positive from stable after the initial public offering (IPO) of British chip designer,…
HSBC hires eight former Credit Suisse bankers to global equities unit
LONDON (Reuters) – HSBC has hired eight former Credit Suisse traders and sales personnel to its global equities business, the bank said in a statement on Tuesday, as it seeks to expand…
EU watchdog scrutinises banks’ defences after SVB, Credit Suisse woes
By Huw Jones LONDON (Reuters) – Most leading euro zone banks have met a January 2024 target for issuing special debt to replenish capital in a crisis, but some need to do…
Dover Woman Arrested for Using Stolen Credit Card, Identity Theft
DOVER, DE – Akiara Deshields, a 32-year-old resident of Dover, was arrested by Delaware State Police on Friday evening for identity theft and other related felonies. On July 14, troopers were dispatched…
Akron Police Seek Public’s Help in Identifying Credit Card Theft Suspect
AKRON, OH – The Akron Police Department is asking for the public’s assistance in identifying a suspect who used a stolen credit card to purchase over $5,000 worth of items from the…
FBI probing MGM Resorts cyber incident as some casino systems still down
By Raphael Satter and Zeba Siddiqui NEW YORK/SAN FRANCISCO (Reuters) -The FBI said on Wednesday it was investigating a cybersecurity incident at gaming giant MGM Resorts International that kept several of the…
Josh Hawley Denounces ‘Usury,’ Follows AOC And Bernie Sanders With Proposed Cap On Credit Card Interest
Josh Hawley Denounces ‘Usury,’ Follows AOC And Bernie Sanders With Proposed Cap On Credit Card Interest Brandon Poulter on September 11, 2023 Republican Missouri Sen. Josh Hawley plans to introduce legislation to…
Police Seek Suspects in Walmart Credit Card Theft
BETHLEHEM, PA – Walmart personnel have reported an incident involving the attempted use of stolen credit cards. Three individuals, captured in surveillance photos, attempted to use the cards, which were stolen from…
Warning Issued After Credit Card Skimmers Found in Brick
BRICK TOWNSHIP, NJ – The Brick Township Police Department is asking for the public’s help in identifying an individual linked to recent ATM skimming incidents. The police have also issued a warning…
Swiss post mortem of Credit Suisse crisis to go back to 2015
ZURICH (Reuters) – Switzerland gave a rare glimpse on Friday into so far highly secretive procedures for its inquiry into Credit Suisse’s demise, saying it will examine the actions of state bodies…
US Treasury to issue more clean energy tax credit guidance by year-end
By David Lawder WASHINGTON (Reuters) – The U.S. Treasury said on Friday it will provide guidance on additional clean energy tax incentives before the end of 2023, including a provision aimed at…
European private loan market falters as corporate credit stress mounts
By Naomi Rovnick and Chiara Elisei LONDON (Reuters) – Direct lending, a key but expensive source of credit for riskier European firms that banks often shy away from, is running out of…
Neptune Man Arrested for Credit Card Fraud and Theft in Joint Investigation
WALL TOWNSHIP, NJ – Jonathan T. Balbosa, 25, of Neptune, was arrested on charges of theft and fraudulent use of a credit card following a joint investigation by local police and federal…
Wells Fargo hires Ford from Credit Suisse as head of equity capital markets
NEW YORK (Reuters) – Wells Fargo hired former Credit Suisse banker Jill Ford as its head of equity capital markets, the bank said in a statement. Ford is based in New York and…
Credit Suisse collapse led balance sheet of Swiss banks to contract
(Reuters) – Credit Suisse clients withdrawing their money as the bank headed for collapse likely accounts for the first significant balance sheet contraction in a decade for all banks in Switzerland, a…
Breaking News
