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Finance
Editor
11 Temmuz 2024
Banks in Synapse mess make progress toward releasing deposits of stranded fintech customers
There may be relief for the thousands of Americans whose savings have been locked in frozen fintech accounts for the…
Finance
Editor
3 Temmuz 2024
One of the biggest bears in this bull market is leaving JPMorgan
A top strategist at JPMorgan who was caught offside by the stock market rally is quitting the investment firm. Marko…
Finance
Editor
2 Temmuz 2024
How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts
When Natasha Craft first got a Yotta banking account in 2021, she loved using it so much she told her…
Finance
Editor
2 Temmuz 2024
Revolut CEO confident on UK bank license approval as fintech firm hits record $545 million profit
LONDON — The boss of British financial technology giant Revolut told CNBC he is optimistic about the company’s chances of…
Finance
Editor
29 Haziran 2024
JPMorgan and Morgan Stanley boost buybacks and dividends, while Citigroup and BofA take smaller steps
JPMorgan Chase and Morgan Stanley said Friday that they were boosting both dividend payouts and share repurchases, while rivals Citigroup…
Finance
Editor
27 Haziran 2024
JPMorgan Chase says its stress test losses should be higher than what the Fed disclosed
JPMorgan Chase said late Wednesday that the Federal Reserve overestimated a key measure of income in the giant bank’s recent…
Finance
Editor
27 Haziran 2024
Federal Reserve says all 31 banks in annual stress test withstood a severe hypothetical downturn
The Federal Reserve said Wednesday that the biggest banks operating in the U.S. would be able to withstand a severe…
Finance
Editor
26 Haziran 2024
Morgan Stanley wealth advisors are about to get an OpenAI-powered assistant to do their grunt work
Morgan Stanley is pushing further into its adoption of artificial intelligence with a new assistant that is expected to take…
Finance
Editor
21 Haziran 2024
Regulators hit Citigroup, JPMorgan Chase, Goldman Sachs and Bank of America over living will plans
Banking regulators on Friday disclosed that they found weaknesses in the resolution plans of four of the eight largest American…
Finance
Editor
21 Haziran 2024
Nearly $109 million in deposits held for fintech Yotta’s customers vanished in Synapse collapse, bank says
Ledgers of the failed fintech middleman Synapse show that nearly all the deposits held for customers of the banking app…
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