JPMorgan Chase CEO Jamie Dimon Advises the US Fed to Wait Past June Before Cutting Rates
JPMorgan Chase CEO Jamie Dimon is urging the US Federal Reserve to exercise patience and refrain from cutting interest rates until after June.
Investment banks
UPS Picks Goldman Sachs to Oversee Its $43.4 Billion Pension Funds
UPS has picked banking giant Goldman Sachs to handle its $43.4 billion pension fund assets in the United States and Canada.
Embattled New York Community Bancorp to Sell $5 Billion of Mortgage Warehouse Loans to JPMorgan Chase
New York Community Bancorp (NYCB), a regional lender facing financial challenges, has announced its agreement to sell approximately $5 billion in mortgage warehouse loans to JPMorgan Chase...
JPMorgan Chase Australia Fined Over $500,000 for Allowing Suspicious Client Orders on Wheat Futures Trading
The JPMorgan Chase in Australia has been fined A$775,000 ($509,252) for permitting suspicious client orders on wheat futures trading...
US Banks See Loan Demand Drop, Fed Survey Says
US banks have observed a fresh decline in loan demand for industrial purposes and household demand for credit during the first quarter of the year, according to a Federal Reserve survey...
Goldman Sachs Removes Bonus Cap for UK Bankers
After the UK removed local pay restrictions for bankers last year, Gol...
JPMorgan Chase to Pay a Civil Penalty of $100 Million Over Trade Reporting Gaps
JPMorgan Chase is expected to reach a resolution with a third US regul...
Latest News
Japan To Allow Cryptoassets in Their Investment Fund
Japan proposes a bill allowing venture capital firms and investment funds to hold cryptocurrency assets.
JPMorgan Chase to Pay Civil Penalties of Around $350 Million Over Trade Reporting Gaps
JPMorgan Chase and Co. has disclosed that it would pay civil penalties totaling around $350 million to regulators for reporting insufficient trading data to surveillance platforms.
Goldman Sachs Reportedly Under Investigation Over Fees Charged for Futures Trading
Goldman Sachs is reportedly facing an investigation over fees it charges for futures trading.
US Stock Market Could Get an Added Boost From Projected Buyback Revival in 2024
Companies purchasing back more of their own shares are expected to boost US stocks this year.
Billionaire Warren Buffett Tells Citigroup CEO Jane Fraser to Continue Overhaul: Report
Citigroup CEO Jane Fraser has received an encouraging nod from billionaire investor Warren Buffett to proceed with the bank's overhaul.
JPMorgan Chase CEO Jamie Dimon Says He's Done Talking About Bitcoin After Trashing It One Last Time
JPMorgan Chase CEO Jamie Dimon said Wednesday on the sidelines of the annual World Economic Forum in Davos, Switzerland, that he's done talking about bitcoin.
Goldman Sachs, Morgan Stanley 4Q Profits Still Beat Expectations
Goldman Sachs and Morgan Stanley have both posted fourth-quarter earnings results that beat analysts' expectations.
JPMorgan Chase Rises Above Rivals, Makes More Annual Profit Than Any US Bank Ever
JPMorgan Chase has concluded the year 2023 with the largest annual profit in the history of US banking.
Morgan Stanley's Investment Chief Offers Stock Market Playbook for 3 Economic Scenarios in 2024
Morgan Stanley's Chief Investment Officer, Mike Wilson, has offered a stock market playbook for three potential economic scenarios in 2024.
