Friday, May 29, 2015

Undercover slot machines appear in bank branches




Take a chance, put in your card,watch the lights flash and your balance goes up or down. Withdraw Cardiff you don't want to play again. Step over or stomp on the dead teller. Turn the teller over to reveal the bonus code affixed to the bonus card affixed to the dead teller.  One down 4999 tellers left as you head to the next branch to play again.  You can't wait to see the slot machine incorporated into the voting machines on primary day with an upgrade on election day.


WSJ: JP Morgan to lay off 5,000 - 13WHAM ABC Rochester NY - Top Stories

WSJ: JP Morgan to lay off 5,000

Updated: Thursday, May 28 2015, 10:33 PM EDT
New York (AP) -- JPMorgan Chase & Co. will cut about 5,000 jobs over the next year, as the bank closes branches and slims down its operations, The Wall Street Journal reported Thursday, citing anonymous sources.
A representative for the New York bank declined to comment.
The job cuts will come from across the bank, but particularly from the consumer bank. JPMorgan CEO Jamie Dimon, at an investor conference this week, said that the average Chase branch would lose one employee -- mostly through attrition.
JPMorgan executives said in February that they expected to have 300 fewer branches over the next two years -- roughly 5 percent of its network -- because more customers were doing everyday banking transactions online or on their smartphones. The bank had 5,570 branches as of the first quarter.

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