by The Associated Press | May 28, 2021 | Banking & Lending, CR Daily, Executive Briefing
The chief executives of the nation’s largest banks went in front of Congress for a second day Thursday, facing questions ranging from inflation to their efforts to keep Americans in their homes after government aid to pandemic-hit mortgage holders expires this summer.
by The Commercial Record | Apr 10, 2019 | Banking & Lending, CR Daily, Executive Briefing, Industry News
A New Haven man was sentenced yesterday in Hartford federal court to 12 months and one day of imprisonment, followed by three years of supervised release, for fraud and money laundering offenses in connection with a scheme to steal bitcoins in an online phishing scheme.
by Reuters | Feb 15, 2018 | Banking & Lending, CR Daily, Industry News
Charlie Munger, the longtime business partner of fellow billionaire Warren Buffett, said on Wednesday it is time for regulators to “let up” on Wells Fargo & Co., which will end up “better off” as it corrects a series of mistakes in how it treated banking customers.
by Reuters | Jan 19, 2018 | Banking & Lending, CR Daily, Industry News
The U.S. securities regulator on Thursday raised alarm about the safety of bitcoin-themed investments, telling the fund industry it wants answers to its concerns before endorsing more than a dozen proposed products based on cryptocurrencies.
by The Commercial Record | Jun 28, 2017 | Banking & Lending, CR Daily, Industry News
A Wallingford man waived his right to be indicted and pleaded guilty in Hartford federal court to fraud and money laundering offenses in connection with a scheme to steal bitcoins in an online phishing scheme.
by The Commercial Record | Jun 28, 2017 | Banking & Lending, CR Daily, Executive Briefing, Industry News
Tech giant IBM is building a blockchain-based platform for seven big European banks, including HSBC and Deutsche Bank, that is aimed at simplifying trade finance transactions for small- and medium-sized companies.
by The Commercial Record | May 15, 2017 | Commercial & Industrial, CR Daily, Executive Briefing, Industry News
Evidence of the cyberattack that hit up to 100 countries continued to ripple around the world Saturday.
by Reuters | Feb 13, 2017 | Banking & Lending, CR Daily, Executive Briefing, Industry News
A Florida software engineer and a New Jersey pastor are expected on Monday to face trial in a case stemming from an investigation into a bitcoin exchange and a data breach at JPMorgan Chase & Co.
by The Commercial Record | Oct 6, 2016 | Banking & Lending, CR Daily, Executive Briefing, Industry News
A Wallingford man was recently charged with stealing Bitcoins in a dark web phishing scheme. Bitcoins are a form of electronic currency and online marketplaces on the dark web typically accept them as a payment method.
by The Commercial Record | Feb 26, 2016 | Executive Briefing, Industry News, Residential Real Estate
A California man has pleaded guilty in a district court in Bridgeport to conspiring to defraud homeowners in Connecticut and across the United States through a mortgage loan scheme. According to court documents and statements made in court, Serj Geutssoyan and others...