Jamie Dimon says JPMorgan stock is too expensive: ‘We’re not going to buy back a lot’
Jamie Dimon thinks shares of JPMorgan Chase are expensive. That was the message the bank’s longtime CEO gave analysts Monday…
JPMorgan CEO Jamie Dimon signals retirement is closer than ever
Jamie Dimon’s days as CEO of JPMorgan Chase are numbered — though it is unclear by how much. In a…
The rule capping credit card late fees at $8 is on hold — here’s what it means for you
The U.S. banking industry won a key victory in its effort to block the implementation of a Consumer Financial Protection Bureau rule…
Citigroup CEO Jane Fraser says low-income consumers have turned far more cautious with spending
Citigroup CEO Jane Fraser said Monday that consumer behavior has diverged as inflation for goods and services makes life harder…
Berkshire Hathaway’s big mystery stock wager could be revealed soon
Berkshire Hathaway, led by legendary investor Warren Buffett, has been making a confidential wager on the financial industry since the…
NYCB shares jump 30% after CEO gives two-year plan for ‘clear path to profitability’
New York Community Bank on Wednesday posted a quarterly loss of $335 million on a rising tide of soured commercial…
JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank
A Russian court sided with state-run lender VTB Bank in its efforts to recoup $439.5 million from JPMorgan Chase that…
Jamie Dimon says AI may be as impactful on humanity as printing press, electricity and computers
Jamie Dimon, the veteran CEO and chairman of JPMorgan Chase, said he was convinced that artificial intelligence will have a…
Why private equity has been involved in every recent bank deal
The $1 billion-plus injection that New York Community Bank announced Wednesday is the latest example of private equity players coming…
Some NYCB deposits may be a flight risk after Moody’s downgrades ratings again
Regional lender New York Community Bank may have to pay more to retain deposits after one of the company’s key ratings…
