Banks and tech companies at odds over online fraud liability in UK
Meta is facing calls from U.K. banks and payment firms like Revolut to financially compensate people who fall for scams…
Jamie Dimon denies Trump endorsement claim
Former President Donald Trump (L) and JP Morgan CEO Jamie Dimon. Reuters JPMorgan Chase on Friday flatly denied that its…
France’s BNP Paribas says there are too many European banks
A sign on the exterior of a BNP Paribas SA bank branch in Paris, France, on Friday, Aug. 2, 2024.…
JPMorgan Chase is prepared to sue the U.S. government over Zelle scams
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs…
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…
