JP Morgan

Novo Nordisk, the largest European company by market capitalization, has achieved worse than expected results for its new slimming drug CagriSema

A tour of the devastated areas reveals the destruction that the Eaton and Palisades blazes left in their wake

The surge of investment banking fees and capital gains compensated for the lower margin of traditional business and the increase in costs

JP Morgan Asset Management aims to reach a market share of $1 trillion in exchange-traded funds, which currently manage savings valued at $12 trillion

Concerns have shifted to exposure to commercial real estate credit. The IMF estimates that vulnerable lenders have $5.5 trillion in assets, 23% of the total

The rule would bring the average credit card late fee down from $32. The bureau estimates banks brought in roughly $14 billion in credit card late fees a year

The deal will potentially shake up the payments industry. The U.S. credit card market is dominated by the Visa-Mastercard duopoly with AmEx being a distance third place

JPMorgan, Pimco, BlackRock and State Street withdraw from Climate Action 100+ group following Republican pushback

Consumers held more than $1.05 trillion on their credit cards in the third quarter of 2023, a record

Citigroup announced it was going to cut 20,000 jobs, roughly 10% of its workforce as part of Citi’s restructuring

The bankers are against a number of proposed regulations that could hit their profitability, including new rules from the Federal Reserve that would require big banks to hold additional capital on their balance sheets

JPMorgan, Bank of America, Wells Fargo, Citi and Goldman Sachs earn 20% more in the third quarter of the year

The institutions lost over 20% in revenues compared to the previous year but doubled their figures through June

The Virgin Islands, where Epstein had an estate, sued the company last year, saying its investigation has revealed that the financial services giant was ‘indispensable’ to the financiers trafficking enterprise

With an estimated valuation of $8 billion, the historic German sandal maker is expected to make the leap to the markets with an initial public offering slated for September

Odey AM is on the verge of collapse and the regulator has limited its access to assets and cash due to harassment accusations against founder Crispin Odey

According to the lawsuits, JPMorgan provided Epstein loans and regularly allowed him to withdraw large sums of cash from 1998 through 2013 even though it knew about his sex trafficking practices

The ‘clean slate’ legislation would automatically seal most recent convictions — three years after serving time or parole for a misdemeanor, and eight years for felony convictions

Uncertainty continues to pummel the banking industry, despite assurances from financial regulators and bankers

Shares of PacWest Bank plunged nearly 50% Thursday after the company confirmed reports that it was considering ‘strategic options,’ that may include the possible sale of the company

Like the Federal Reserve has done, the ECB is stepping back from a string of jumbo hikes aimed at snuffing out inflation

The Fed finds that while poor management ultimately doomed Silicon Valley Bank, watered down regulations and social media’s ability to rapidly hasten a bank run also contributed

The Fed has unleashed a rapid series of rate hikes to combat inflation, which has prompted banks to pay higher interest on traditional savings products like money market funds, certificates of deposit and regular savings accounts

The bank saw deposits grow noticeably, as business and customers flocked to the banking titan after the failure of Silicon Valley Bank and Signature Bank

Charlie Javice, 31, of Miami Beach, Florida, was arrested Monday night in New Jersey on conspiracy, wire and bank fraud charges

The cryptocurrency trading platform said in an SEC filing late Wednesday that it had received a Wells Notice from the agency