Bank of America
Wall Street job cuts loom as market turmoil stalls deals
U.S. investment banks are poised to cut more jobs if economic uncertainty continues to weigh on dealmaking in the months ahead, according to analysts and recruiters.
Bank of America
Bank Of America, Wells Fargo And JPMorgan Investigated On Zelle Customer Funds, Scams
According to a Wall Street Journal piece published on Wednesday, the Consumer Financial Protection Bureau is probing how big U.S. banks have been managing their customers’ money on the peer-to-peer payments network Zelle.
Bank of America
Exclusive: Fed may tweak rule that could save biggest US banks billions
At issue is how the central bank calculates an extra layer of capital it imposes on U.S. global systemically important banks, known as the “GSIB surcharge.”
Bank of America
Big US banks expected to be cautious on shareholder payouts
Big U.S. lenders are expected to show they have ample capital to weather any renewed turmoil during this week’s Federal Reserve health checks.
Alliance Defending Freedom
Exclusive: Conservative investor pulls JPMorgan resolution, cites changes addressing ‘politicized finance’
A fund consultant said it was withdrawn in light of several steps the bank has taken that show it pulling back from political tests for customers.
2024 campaign
JPMorgan Chase CEO Jamie Dimon Claims Interest Rates Could Increase Above 8%
JPMorgan Chase chief Jamie Dimon warned that U.S. interest rates could increase over 8% in the next few years, with record toppling U.S. debt has made it complicated to keep inflation down.
Assets
JPMorgan And State Street Quit UN Climate Alliance As BlackRock Pulls Out
Two of the world’s biggest asset managers are quitting a United Nations climate alliance group as BlackRock scales back.
ECONOMY
JPMorgan CEO Jamie Dimon: Wall Street Should Prepare For A Recession
JPMorgan CEO Jamie Dimon says Wall Street should be prepared for a recession.
chase
JPMorgan to Pay $290 Million in Epstein Settlement
Victims of Jeffrey Epstein have asked a federal judge to approve a $290 Million settlement agreement from JPMorgan Chase.