Jamie Dimon still sees a recession ahead
JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a “soft landing” for the U.S. economy are around 35% to 40%, making recession the most …
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Citigroup, JPMorgan Chase, Goldman Sachs hit by regulators
Jane Fraser, CEO of Citigroup, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Thursday, September …
Nearly $109M in Yotta customer deposits vanish
Tsingha25 | Istock | Getty Images Ledgers of the failed fintech middleman Synapse show that nearly all the deposits held for customers of the banking app Yotta went missing weeks …
Trustee says $85 million of customer savings is missing
Jelena McWilliams, chair of the Federal Deposit Insurance Corporation (FDIC), during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Aug. 3, 2021. Al …
Consumers, businesses have turned cautious
Bank of America Chairman and CEO Brian Thomas Moynihan speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in …
JPMorgan CEO Jamie Dimon hints at retiring within 5 years
Jamie Dimon, CEO of JPMorgan Chase, at the U.K. Global Investment Summit at Hampton Court Palace in London, U.K., on Nov. 27, 2023. Bloomberg | Bloomberg | Getty Images Jamie …
JPMorgan stock is too expensive
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. …
The rule capping credit card late fees at $8 is on hold — here’s what it means for you
Rohit Chopra, director of the Consumer Financial Protection Bureau, speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., Dec. 15, 2022. Ting Shen | Bloomberg …
Citigroup CEO Jane Fraser says low-income consumers are more cautious
Citigroup CEO Jane Fraser said Monday that consumer behavior has diverged as inflation for goods and services makes life harder for many Americans. Fraser, who leads one of the largest …
Berkshire Hathaway’s big mystery stock wager could be revealed soon
Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBC Berkshire Hathaway, led by legendary investor Warren Buffett, has been …