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‘Rates are going to stay where they are’

Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve…

Consumer Financial Protection Bureau staff to work remotely, HQ shuttered

Office of Management and Budget (OMB) Acting Director Russell Vought speaks with reporters during a press briefing at the White…

Bank stocks pop after Fed releases ‘easier’ 2025 stress test

Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. …

Morgan Stanley (MS) earnings Q4 2024

Ted Pick, CEO Morgan Stanley, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland…

United Healthcare CEO shooting: Executives worry about safety

Closed circuit screenshots of a person of interest in the UnitedHealthcare CEO killing. Source: NYPD UnitedHealthcare CEO Brian Thompson was…

Banks report ten-fold surge in digital scams, BioCatch says

Leylaynr | E+ | Getty Images U.S. and Canadian banks reported a tenfold surge in digital scams this year as…

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…

JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns

JPMorgan Chase has created a new global role overseeing all junior bankers in an effort to better manage their workload…

Apple is in talks with JPMorgan for bank to take over card from Goldman Sachs

Apple is in discussions with JPMorgan Chase for the bank to take over the tech giant’s flagship credit card program…

FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle

The Federal Deposit Insurance Corp. on Tuesday proposed a new rule forcing banks to keep detailed records for customers of…