Goldman Sachs misses revenue estimates after taking $470 million hit on Marcus loans
Goldman Sachs posted first-quarter results Tuesday that missed analysts’ expectations for revenue after taking a $470 million hit tied to…
Jamie Dimon issues warning on rates: ‘It will undress problems in the economy’
Investors and businesses should plan for interest rates to remain higher for longer than currently expected by the market, according…
JPMorgan Chase posts record revenue on higher interest rates; shares jump 7%
JPMorgan Chase posted record first-quarter revenue on Friday that topped analysts’ expectations as net interest income surged almost 50% from…
JPMorgan wealth CEO Erdoes says bank knew of Epstein sex accusations in 2006, USVI alleges
JPMorgan Chase was aware in 2006 of accusations that disgraced former financier Jeffrey Epstein paid to have underaged girls brought…
Jamie Dimon is being deposed over JPMorgan Chase role in Epstein lawsuits
Jamie Dimon, the veteran JPMorgan Chase CEO and chairman, will be deposed over his bank’s links to disgraced former financier Jeffrey…
SVB customers tried to withdraw nearly all the bank’s deposits over two days, Fed’s Barr testifies
The run on Silicon Valley Bank’s deposits this month went far deeper than was initially known. Since the day regulators…
Deposit drain from smaller banks into financial giants like JPMorgan Chase has slowed, sources say
The surge of deposits moving from smaller banks to big institutions including JPMorgan Chase and Wells Fargo amid fears over…
Banks ramp up use of new Fed facility created during crisis
American banks deepened their reliance on a new Federal Reserve lending program created after the collapse of Silicon Valley Bank…
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…
International Criminal Court issues arrest warrant for Russian President Vladimir Putin over alleged Ukraine war crimes
WASHINGTON — The International Criminal Court issued an arrest warrant on Friday for Russian President Vladimir Putin over alleged war…
