Consumer banking

Megacap tech gets new BlackRock ETF

 BlackRock’s iShares is trying to appeal to investors who want to diversify beyond from the so-called Magnificent Seven. The firm…

JPMorgan Chase is opening more small-town branches in middle America

Three years ago, JPMorgan Chase became the first bank with a branch in all 48 contiguous states. Now, the firm…

Why hundreds of U.S. banks may be at risk of failure

Hundreds of small and regional banks across the U.S. are feeling stressed. “You could see some banks either fail or…

Big banks have drastically cut overdraft fees, but customers still paid $2.2 billion last year

The three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators…

House Democrats release wave of bank reform bills

WASHINGTON — House Democrats on Wednesday will release a slate of reform bills in response to the recent bank failures…

A.I. trade is leaving investors vulnerable to painful losses: Evercore

The artificial intelligence trade may be leaving investors vulnerable to significant losses. Evercore ISI’s Julian Emanuel warns Big Tech concentration…