Fresh Today

Fresh Today

NEW YORK–JPMorgan Chase reported its third-quarter profit rose 4%, but that wasn’t the biggest surprise in the numbers reported during a recession. Instead, the nation’s biggest bank set aside just $611 million for potential future loan losses, far less than expected and the $10.47 billion it booked in the second quarter, noted the New York Times.

MADISON, Wis.–CUNA Mutual Group said it has acquired Santa Rosa, Calif.-based CuneXus, a start-up that provides financial institutions an all-in-one digital lending platform that offers consumers a quick, easy and personalized online and mobile lending experience.