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BofA’s Moynihan: Trading unit faces further cost cuts Squad C: The untold story of the criminal investigation into Miami-Dade narcotics detectives A lengthy investigation by The Smoking Gun has uncovered remarkable details about Sharpton’s past work as an informant for a joint organized crime task force comprised of FBI agents and NYPD detectives, as well as his dealings with an assortment of wiseguys.BofA’s cost cuts cushion blow from weak rates, muted trading. Shares of the No.2 U.S. bank by assets rose as much as 2.6 percent in morning trading on Wednesday. The bank’s non-interest expenses fell by a third to $13.81 billion, mainly due to an 83 percent drop in costs in its legacy assets and servicing unit, which houses many of the bad loans inherited from Countrywide Financial.Deutsche Bank CEO speaks of ‘tough cutbacks’ at contentious shareholder meeting The bank’s shares are currently trading at 6.42 Euros apiece, and the current price reflects a massive 38% drop in price from the levels it had during the previous shareholder meeting back in 2018. It is not yet known when the bank will embark on these cutbacks, but it is believed it could start soon considering the fact that the stock price is nose diving.

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Warren Asks If Kushner Got Special Treatment on Freddie Mac Loan The company paid $11.6 billion in total, which included $6.7 billion of loan repurchases. Over the last several months, Freddie Mac reached settlements with Wells Fargo & Company, Citigroup Inc.,