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U.S. banking giants announced plans to raise their third-quarter dividends on Friday after proving that they have enough capital to withstand severe economic and
June 28, 2024
JPMorgan Chase is seeing signs of an improving economy in China that will bolster the bank's business in the country after a sluggish period, its CEO of asset and
June 21, 2024
JPMorgan Chase CEO Jamie Dimon said market sentiment is improving for equities, mergers and acquisitions even as he maintained caution about the economic outlook,
February 26, 2024
JPMorgan Chase said on Tuesday it was embarking on one of its most aggressive bank branch expansions in recent years, with plans to add more than 500 new U.S.
February 06, 2024
Nearly a year ago, New York Community Bank waded into the regional bank crisis, buying up assets in failed Signature Bank, helping secure a spot in the list of
February 01, 2024
Wells Fargo employees at a small bank branch in Atwater, California, voted against forming a union on Thursday, making it the first Wells site to reject burgeoning
January 19, 2024
PNC Financial Services Group's net interest income shrank as it took on increased charges to replenish a government deposit insurance fund as well as workforce
January 16, 2024
JPMorgan Chase is preparing to overhaul branches it acquired from failed First Republic Bank as the lender expands its formidable national footprint.
December 11, 2023
JPMorgan Chase's integration of failed First Republic Bank is going according to the plan as it looks to retain customers and build on services it acquired, said
December 05, 2023
PNC Financial Services CEO William Demchak on Tuesday said that the market disruptions caused by the Basel III endgame proposal is an opportunity for the bank to
December 05, 2023
U.S. home buyers are becoming more willing to purchase properties even as interest rates stay high, according to a study by Bank of America published on Monday.
December 04, 2023
JPMorgan Chase President and Chief Operating Officer Daniel Pinto said he expects its Chase UK consumer bank to break even in the next 12 to 18 months.
November 28, 2023
Wells Fargo will expand access to a financial planning tool to its nearly 70 million customers after initially offering it to wealth clients earlier this year, the
October 12, 2023
JPMorgan Chase boosted its outlook for investment banking revenue, forecasting a jump of 25% to 30% in the second quarter fueled by capital markets, a top executive
June 12, 2024
JPMorgan Chase's global head of payments, Takis Georgakopoulos, is leaving to pursue other opportunities, prompting the bank to install new leaders atop one of its
June 03, 2024
Wells Fargo CEO Charlie Scharf said on Wednesday that the asset cap imposed on the bank by regulators is curtailing its ability to take in more corporate deposits
May 29, 2024
JPMorgan Chase Chief Executive Jamie Dimon said on Wednesday he and the bank's board will "do the right thing" on succession, and warned of the dangers, particularly
May 29, 2024
With JPMorgan Chase coming off a year of record profits, investors are eager to learn about the firm's succession plans, investments in artificial intelligence and
May 16, 2024
Almost 50 U.S. lenders could fail in the coming years under pressure from higher interest rates and operational problems, Nomura analyst Greg Hertrich told
May 14, 2024
Small business owners in the U.S. are struggling to get financing from traditional lenders as the impact of higher rates and bank failures of a year ago linger,
March 08, 2024
CEOs of investment banking giants expressed optimism about a resurgence in capital markets when they reported fourth quarter earnings on Tuesday on an improving
January 16, 2024
Wells Fargo CEO Charlie Scharf told investors on Tuesday he expects to book higher-than-anticipated severance expenses between $750 million to a little less than $1
December 05, 2023
Mid-sized U.S. businesses owned by minorities have untapped revenue potential worth $1.3 trillion annually, JPMorgan Chase found in a study on a segment where major
November 28, 2023
JPMorgan Chase said in a filing on Wednesday that its assets in Russia may be seized after lawsuits in Russian and U.S. courts.
May 01, 2024
JPMorgan Chase hired former PayPal executive Sri Shivananda as its new chief technology officer (CTO), the bank said in a memo on Monday, the latest senior hire
June 10, 2024
