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JPMorgan says Tesla owes the bank $162 million

The Verge

JPMorgan has sued Tesla, claiming that the electric car company owes the bank $162 million related to a 2014 stock warrant agreement. The warrants JPMorgan bought from Tesla in 2014 were set to expire in June and July of 2021. After that, JPMorgan says Tesla stopped talking to the bank for six months.

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Analytics 2014: Insights For Mission Impact

CTOvision

Analytics 2014: Insights for Mission Impact. Stephen Malphrus, Former Chief of Staff and COO , Federal Reserve Bank. If you are an analyst please join us, we are looking for people with lessons to share and a desire to find new approaches to big problems. More info is below and at: [link]. Wednesday, July 30. Hyatt Regency Reston.

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Data Analytics 2014: Jeff Jonas and the Advantages of More Data

CTOvision

The event was the 2014 Analyst Forum, a joint activity between the United Stated Geospatial Intelligence Foundation ( USGIF ) and our AnalystOne.com site (for an overview of the entire event see our recap here ). — Kirk Borne (@KirkDBorne) July 30, 2014. — KJ Masback (@geointer) July 30, 2014.

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US and Europe will block some Russian banks from SWIFT

The Verge

The letter, signed by the United States, UK, Canada, and European allies, lays out new measures to isolate Russia’s central bank, and announces a new trans-Atlantic task force to freeze the foreign assets of sanctioned individuals. used to authenticate payment instructions between banks. Iranian banks were reconnected to SWIFT in 2016.

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Simple bank shutdown goes awry leaving customers without account access

The Verge

The online bank Simple shut down on Saturday and was supposed to seamlessly transition customers’ accounts over to its parent company, BBVA. Simple opened to customers in 2012 and was supposed to offer a digital-first approach to banking. In fewer words, it was supposed to be “a bank that doesn’t suck,” to quote one of its co-founders.

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Portland online banking service Simple shutting down ahead of parent company’s acquisition

GeekWire

Simple , the Portland-based online banking company with a presence in Seattle, is shutting down due to the sale of banking giant BBVA USA. Simple was acquired for $117 million in 2014 by Spain’s BBVA, which announced in November that it was selling its U.S. I suspect PNC is prioritizing their existing online banking tech.

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App-based banking service Simple is shutting down

The Verge

Online-only bank Simple is shutting down, its parent company announced in an email to customers Thursday. BBVA USA, which acquired Simple in 2014 for $117 million, said it would be transitioning Simple customers to BBVA accounts but did not provide details about when the change would occur.

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