Citi fined $79 million by British regulators over fat-finger trading and control errors
LONDON — British regulators on Wednesday dished out a combined £61.6 million ($79 million) in fines to U.S. investment bank…
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…
JPMorgan CEO Jamie Dimon signals retirement is closer than ever
Jamie Dimon’s days as CEO of JPMorgan Chase are numbered — though it is unclear by how much. In a…
HSBC falls 3% amid reports that top shareholder Ping An is looking to trim its stake
Shares of HSBC Holdings fell over 3% in Hong Kong on Friday after reports that its top shareholder Ping An…
The rule capping credit card late fees at $8 is on hold — here’s what it means for you
The U.S. banking industry won a key victory in its effort to block the implementation of a Consumer Financial Protection Bureau rule…
CFPB rule to save Americans $10 billion a year in late fees faces possible last-minute freeze
A Consumer Financial Protection Bureau regulation that promised to save Americans billions of dollars in late fees on credit cards…
Watch Governor Andrew Bailey speak after the Bank of England’s rate decision
[The stream is slated to start at 7:30 a.m. ET. Please refresh the page if you do not see a…
A rare hostile takeover bid in Europe’s banking sector has shocked markets
Spanish bank BBVA caught markets by surprise on Thursday after it announced a rare hostile takeover bid for domestic rival…
U.S. probe finds widespread sexual misconduct at FDIC
The Federal Deposit Insurance Corporation must make sweeping changes to address widespread sexual harassment and other misconduct, according to an…
Citigroup CEO Jane Fraser says low-income consumers have turned far more cautious with spending
Citigroup CEO Jane Fraser said Monday that consumer behavior has diverged as inflation for goods and services makes life harder…
