Worldwide IT spending is expected to rise by 8% this year, according to analyst firm Gartner. The increase is attributed mainly to the Data Center Systems and Devices segments which are doing well.
The bank set aside more money to cover souring loans from consumers. Profit fell to $6.67 billion in the first quarter of this year, Bank of America said. America's combined household debt shot up to $17.5 trillion at the end of 2023
Exclusive: ‘It is time for tech firms to step up to protect people using their sites,’ warns head of major bank
Director Alex Garland has written and directed some thought-provoking films and series, including Ex Machina, Devs, Men, and now the thriller Civil War. This trailer...
Mayor Johnson has began briefing City Council members on plans to push through the funds to keep the city's response to helping migrants afloat. If approved by the council, the $70 million would add to the $150 million already set aside in the 2024 budget for the response to the migrant problem. State, county and city officials said in February that $321 million would be required to sustain the migrant operation throughout the end of the year
15 State Officials Warn Bank Of America About 'De-Banking' Of Christians Authored by Naveen Athrappully via The Epoch Times, A group of 15 financial officials from 13 states sent a notice to Bank of America, raising concerns about the institution’s “de-banking” of Christians. “We write to express our concerns over Bank of America’s troubling track record of politicized de-banking. Bank of America’s de-banking policies and practices threaten the company’s financial health, its...
Doha, Qatar: Six Qatari banks have been ranked among 30 Most Valuable Banks 2024 list in the Middle East by Forbes magazine. The list includes QN
Kansas Attorney General Kris Kobach is sending a letter to Bank of America's CEO seeking answers. His letter was co-signed by officials from a dozen Republican-led states. It details how the bank appears to discriminate against Christians. Read More: House Republicans reveal federal government probe into consumers' transactions containing terms 'MAGA' and 'Trump'
Will Bank of America follow rivals in posting better-than-expected Wall
Banks are increasingly carrying out checks to verify that their customers are not laundering money, financing terrorism or violating sanctions, De Nederlandsche Bank (DNB) said on Monday. At the same time, the Dutch central bank noted that some banks are delaying or scaling back improvements to their controls and checks. As a result, they have to do more to get their controls in order.
Several state treasurers and other officials sent a letter to Bank of America warning the banking giant of apparently targeting customers with conservative politics by de-banking them—however, Tennessee State Treasurer David Lillard's signature was absent.
Littler had been hoping for a third-straight win in the competition - and would have been the first person to have achieved the feat had he done so - but missed out in the final, losing 6-3 to his rival.