Wells Surprisingly Closes Every Existing Personal Credit Line, Signaling US Economy Stands On The Precipice

Wells Fargo has announced that it would close down every of its active personal line of credit – a famous credit product provided by the retail-concentrated Wall Street titan – a development that will likely anger many customers. The revolving personal credit lines will be closed down in a couple of weeks, and the lines […]

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More Senior Bankers Are Abandoning London In Favor Of Europe

From ZH Earlier, we noted how French officials are planning to sabotage talks between the UK and the EU about expanding access to EU financial markets. At this point, even if Britain does manage to make progress with the EU in a meeting later this month, at this point, the transfer of top talent from the City […]

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