Why JPMorgan Chase is prepared to sue the U.S. government over Zelle scams
Buried in a roughly 200-page quarterly filing from JPMorgan Chase last month were eight words that underscore how contentious the…
France’s biggest lender says there are ‘too many’ European banks as UniCredit moves on Commerzbank
France’s BNP Paribas on Thursday said there are simply too many European lenders for the region to be able to…
UniCredit’s pursuit of Commerzbank reflects a watershed moment for Europe — and its banking union
European banking’s latest takeover battle is widely regarded as a potential turning point for the region — particularly the bloc’s incomplete banking…
SEC charges Merrill Lynch, Harvest Volatility Management for ignoring client investment limits
The U.S. Securities and Exchange Commission charged Harvest Volatility Management and Merrill Lynch on Wednesday for exceeding clients’ predesignated investment…
Caught cold by UniCredit’s swoop on Commerzbank, Germany will want to avoid a national embarrassment
Italy’s UniCredit appears to have caught German authorities off guard with a potential multibillion-euro merger of Frankfurt-based Commerzbank, a move…
Justice Department accuses Visa of debit network monopoly that affects price of ‘nearly everything’
The U.S. Justice Department on Tuesday sued Visa, the world’s biggest payments network, saying it propped up an illegal monopoly…
Trump’s 10% credit card interest cap could hurt borrowers, experts say: ‘Access to credit would dry up’
Former President Donald Trump has made headlines over the past week with yet another surprise economic policy announcement. After promising…
Commerzbank board member warns of significant job losses with a hostile UniCredit takeover
Two-thirds of the jobs at Commerzbank could disappear if UniCredit successfully carries out a hostile takeover of the German lender,…
American Airlines in talks to pick Citigroup over rival bank Barclays for crucial credit card deal, sources say
American Airlines is in talks to make Citigroup its exclusive credit card partner, dropping rival issuer Barclays from a partnership…
What buying Commerzbank would mean for UniCredit — and the banking sector
UniCredit‘s move to take a stake in German lender Commerzbank is raising questions on whether a long awaited cross-border merger…
