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U.S. bank executives offer cautious optimism heading into 2020

9 days ago   |   By Reuters

Despite trade wars, low interest rates and new geopolitical tensions, big U.S. banks have not experienced major disruption to their core businesses and top executives are hopeful they can generate growth this year.
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A cyberattack on a major US financial institution would affect more than a third of bank assets, New York Fed warns

A cyberattack on a major US financial institution would affect more than a third of bank assets, New York Fed warns

9 days ago   |   By Business Insider

A sophisticated cyber attack on the US could ripple through major banks and severely disrupt the broader financial system, new research shows.
A cyberattack on the data or systems of any one of the five most active banks could spill over to others and affect more than a third of assets in the overall network, according to the New York Fed paper.
Exact estimates of potential damage varied based on the timing and location of a US cyberattack, according to the paper.
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A sophisticated cyberattack on the US could ripple through major banks and severely...
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The Chinese city of Wuhan was a breeding ground for an outbreak, experts...

The Chinese city of Wuhan was a breeding ground for an outbreak, experts say. The coronavirus has infected more than 800 people

A coronavirus outbreak has killed 25 people and infected more than 830 in China. It has spread to eight other countries , including the US. The virus originated in Wuhan, a... Read more ...

The CEO of Intel says that the 'insatiable demand' for enough processing...

The CEO of Intel says that the 'insatiable demand' for enough processing power to handle tons of data led it to a big beat on Wall Street expectations

Intel shares rallied more than 6% on Thursday after the chipmaker topped Wall Street expectations for the fourth quarter. The tech giant got a huge lift from its data center... Read more ...

George Soros says President Trump is conspiring with Facebook to get reelected

George Soros says President Trump is conspiring with Facebook to get reelected

Well-known liberal billionaire George Soros said he believes Facebook will work with Trump to get the president re-elected, as first reported by Bloomberg . Speaking at Davos... Read more ...

Here's the pitch deck that email startup Front used to get get top tech...

Here's the pitch deck that email startup Front used to get get top tech execs like Zoom CEO Eric Yuan to invest in its $59 million Series C round

Front is taking a team based approach to email and combines a company's social media, email, texts and other messages into a shared inbox that an entire team has access to. It... Read more ...

Southwest had a mess of a year because of the 737 Max, and it's only going...

Southwest had a mess of a year because of the 737 Max, and it's only going to get worse - but there are a few bright spots

Southwest Airlines reported fourth quarter and full 2019 earnings following a tumultuous year without its flagship plane, the Boeing 737 Max. The airline is the biggest... Read more ...

Goldman Sachs CEO says no IPOs for companies without at least one 'diverse'...

Goldman Sachs CEO says no IPOs for companies without at least one 'diverse' board member starting in July

Goldman Sachs CEO David Solomon said Thursday in an interview with CNBC in Davos, Switzerland that starting in July, the bank won't help companies without at least one... Read more ...

Proctor & Gamble sinks after a quarterly revenue miss overshadows improved...

Proctor & Gamble sinks after a quarterly revenue miss overshadows improved guidance

Proctor & Gamble announced on Thursday a second-quarter organic revenue miss that upstaged an otherwise rosy report. The company's organic sales, which exclude deals and... Read more ...

Loneliness in America is at an all-time high. Long working hours and sad...

Loneliness in America is at an all-time high. Long working hours and sad desk lunches may be to blame

3 in 5 Americans feel lonely, according to the results of a new survey released by health insurance company Cigna. A big contributing factor seemed to be workplace... Read more ...

How to share your location on WhatsApp using an iPhone or Android device

How to share your location on WhatsApp using an iPhone or Android device

You can share your location on WhatsApp with others, and have it update as you change locations. If you want to let others know where you are, you have to share your location... Read more ...

Bret Taylor explains how he worked his way up to COO of Salesforce, only a...

Bret Taylor explains how he worked his way up to COO of Salesforce, only a few years after selling his startup to the company for $750 million

Bret Taylor has risen rapidly through the ranks at Salesforce after it acquired his word processor startup Quip for $750 million. He is now the cloud software company's chief... Read more ...