JPMorgan and Morgan Stanley boost buybacks and dividends, while Citigroup and BofA take smaller steps
JPMorgan Chase and Morgan Stanley said Friday that they were boosting both dividend payouts and share repurchases, while rivals Citigroup…
JPMorgan Chase says its stress test losses should be higher than what the Fed disclosed
JPMorgan Chase said late Wednesday that the Federal Reserve overestimated a key measure of income in the giant bank’s recent…
Regulators hit Citigroup, JPMorgan Chase, Goldman Sachs and Bank of America over living will plans
Banking regulators on Friday disclosed that they found weaknesses in the resolution plans of four of the eight largest American…
How immigrants are helping keep job growth hot while inflation cools
Immigration — both authorized and unauthorized — has helped the U.S. job market sustain a fiery run in recent months…
How to invest in India, the world’s fastest-growing major economy
India has been dubbed the “perfect” emerging market to invest in, but it can be tricky for those outside the…
Dimon, Fraser and Moynihan will attend private Trump CEO meeting — some others will skip
Former President Donald Trump will address some of the world’s most powerful corporate leaders on Thursday, albeit with some notable…
Bank of America CEO says U.S. consumers and businesses have turned cautious on spending
U.S. consumers and businesses alike have turned cautious about spending this year because of elevated inflation and interest rates, according…
Jamie Dimon says JPMorgan stock is too expensive: ‘We’re not going to buy back a lot’
Jamie Dimon thinks shares of JPMorgan Chase are expensive. That was the message the bank’s longtime CEO gave analysts Monday…
Berkshire Hathaway’s big mystery stock wager could be revealed soon
Berkshire Hathaway, led by legendary investor Warren Buffett, has been making a confidential wager on the financial industry since the…
