banks

Why borrowing costs for nearly everything are surging, and what it means for you

Violent moves in the bond market this week have hammered investors and renewed fears of a recession, as well as…

UK’s Metro Bank shares suspended multiple times after plunging more than 25%

LONDON — Shares of Britain’s Metro Bank were briefly suspended from trading twice early Thursday, in a volatile session that…

Watch live: Top oil CEOs join CNBC at ADIPEC to discuss the energy transition

[The stream is slated to start at 5 a.m. ET. Please refresh the page if you do not see a…

Citigroup CEO Jane Fraser sees ‘cracks’ emerging among some consumers as savings dry up

Lower-end consumers have shifted buying patterns to save money as their bank accounts dwindle in size, according to Citigroup CEO…

Eight big U.S. bank CEOs to face Senate Banking Committee grilling in December

Eight CEOs of the largest U.S. banks will face questioning at a Senate Banking Committee hearing in December, according to…

What a stressed commercial real estate market means for these exposed bank stocks

Banks are facing mounting uncertainty as the commercial real estate (CRE) sector continues to struggle. But, tailwinds in our financial…

JPMorgan’s UK digital bank blocks customers from buying crypto

Chase UK, the British challenger bank brand of JPMorgan, has blocked customers in the U.K. from purchasing crypto assets. The…

JPMorgan Chase settles Jeffrey Epstein sex trafficking suit by U.S. Virgin Islands for $75 million

JPMorgan Chase said Tuesday it will pay $75 million to settle a lawsuit by the U.S. Virgin Islands alleging that…

‘We have dealt with recessions before’: Jamie Dimon says geopolitics is the world’s biggest risk

JPMorgan Chase CEO Jamie Dimon says geopolitics after Russia’s invasion in Ukraine is the biggest risk, larger than high inflation…

JPMorgan legal fees in Jeffrey Epstein sex traffic cases near $14 million, former exec reveals

JPMorgan Chase has racked up nearly $14 million in legal fees defending itself against two lawsuits alleging it abetted the…