Credit Suisse bondholders prepare lawsuit after contentious $17 billion writedown
A number of Credit Suisse bondholders said Tuesday that they were considering legal action after $17 billion of the bank’s…
Give us your nominations: CNBC is ranking the world’s top fintech companies
CNBC and independent research firm Statista are working together to identify the world’s top fintech companies, to be named in…
Goldman Sachs is using ChatGPT-style A.I. in house to assist developers with writing code
Goldman Sachs is experimenting with generative AI tools internally to help its developers automatically generate and test code, the company’s…
‘Blanket insurance’ of bank deposits is not being discussed, Yellen tells senators
WASHINGTON — Federal bank regulators are not considering any plans to insure all U.S. bank deposits without congressional approval, Treasury…
JPMorgan Chase buys data platform for startups in push to serve venture capital investors
JPMorgan Chase is acquiring a data analytics provider for startup investors called Aumni, CNBC is first to report. The biggest…
Op-ed: ESG investing and 2018 change in bank laws didn’t cause Silicon Valley Bank to collapse, says former Sen. Heitkamp
Heidi Heitkamp is a former Democratic senator from North Dakota, and currently serves as director of the University of Chicago’s…
JPMorgan Chase can be sued by Virgin Islands over Jeffrey Epstein sex-trafficking claims
A New York federal judge on Monday ruled that the U.S. Virgin Islands and women who accuse the late investor…
U.S. lawmakers to examine merits of higher FDIC bank deposit insurance cap
Four prominent U.S. lawmakers on banking matters said on Sunday they would consider whether a higher federal insurance limit on…
Biden calls on Congress to tighten laws to claw back executive pay, levy penalties in bank failures
President Joe Biden called on Congress to give regulators more authority to claw back pay and penalize executives at distressed…
