Dimon says private equity giants are ‘dancing in the streets’ over tougher bank rules
JPMorgan Chase executives warned Friday that tougher regulations in the wake of a trio of bank failures this year would…
JPMorgan Chase beats analysts’ estimates on higher rates, better-than-expected bond trading
JPMorgan Chase reported second-quarter earnings Friday that topped analysts’ expectations, as the company benefited from higher interest rates and better-than-expected…
Bank of America fined $150 million for consumer abuses including fake accounts, bogus fees
Bank of America, the second-largest U.S. bank by assets, engaged in deceptive practices that hurt hundreds of thousands of its…
The American banking landscape is on the cusp of a seismic shift. Expect more pain to come
The whirlwind weekend in late April that saw the country’s biggest bank take over its most troubled regional lender marked…
JPMorgan, Wells Fargo and Morgan Stanley to boost dividends after clearing Fed stress test
Large U.S banks including JPMorgan Chase, Wells Fargo and Morgan Stanley said Friday they plan to raise their quarterly dividends…
Federal Reserve says 23 biggest banks weathered severe recession scenario in stress test
All 23 of the U.S. banks included in the Federal Reserve’s annual stress test weathered a severe recession scenario while…
Goldman Sachs faces big writedown on CEO David Solomon’s ill-fated GreenSky deal
Goldman Sachs is likely to take a large write-down for its 2021 acquisition of fintech lender GreenSky after seeking to…
‘Is this real?’ JPMorgan court filing shows Frank employees questioned stats before acquisition
Employees of a startup purchased by JPMorgan Chase expressed disbelief when the company’s founder directed them to boost their customer…
JPMorgan bond chief Bob Michele sees worrying echoes of 2008 in market calm
To at least one market veteran, the stock market’s resurgence after a string of bank failures and rapid interest rate…
Jamie Dimon, America’s top banker, has ‘no plans’ to run for office
JPMorgan Chase CEO Jamie Dimon has “no plans” to run for office, according to a statement from the bank Monday.…
