JPMorgan Chase shuffles top leaders as race to succeed Jamie Dimon drags on
JPMorgan Chase on Thursday said several executives considered front-runners to one day take over for CEO Jamie Dimon had new…
Klarna to debut $7.99 monthly plan as buy now, pay later firm seeks new revenue sources ahead of IPO
Swedish fintech firm Klarna is launching a monthly subscription plan in the U.S. to lock in its heaviest users ahead…
German regulator urges banks to set aside bumper profits for bad news on the horizon
Banks should be setting aside recent bumper profits to provision for clients defaulting on loans as the impact of higher…
Former high-ranking FDIC attorney Mark Black pleads guilty in child sex exploitation case
A former high-ranking lawyer at the Federal Deposit Insurance Corporation pleaded guilty Tuesday in federal court to conspiring to sexually…
Wall Street opposition to Trump collapses, as ‘pipe dream’ of primary defeat ends
As Donald Trump surges toward the Republican nomination, many Wall Street executives have made a calculated decision not to speak…
American Express CEO says spending is strong, delinquencies are down from 2019
American Express CEO Stephen Squeri on Friday said the credit card company saw “good consumer spending” during the holidays and…
New Morgan Stanley CEO is ‘super bullish’ on hitting financial targets
Morgan Stanley‘s new CEO, Ted Pick, on Thursday expressed confidence his bank will hit financial targets of $10 trillion in…
Deutsche Bank CEO says acquisitions not a ‘priority’ as Commerzbank rumors swirl
Deutsche Bank CEO Christian Sewing on Thursday said that merger and acquisition activity is not a priority for his group,…
Barclays CEO says difference in Labour and Conservative economic policy is ‘fairly minimal’
Political risk in the U.K. is “far less than it’s ever been” as the difference between the ruling Conservative Party…
Jamie Dimon praises Trump, warns MAGA criticism could hurt Biden
JPMorgan Chase CEO Jamie Dimon on Wednesday praised former President Donald Trump’s record and admonished Democrats to be “more respectful”…
