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Ken Sweet

Stay informed with Ken Sweet’s coverage and analysis.

Klarna IPO on Wall Street
Big Tech
Klarna made a solid debut on the New York Stock Exchange with shares up 15% in first day of trading
By The Associated Press and Ken SweetSeptember 10, 2025
Big banks all pass the Fed’s less vigorous stress tests, clearing the way for dividends and buybacks
Finance
Big banks all pass the Fed’s less vigorous stress tests, clearing the way for dividends and buybacks
By Ken Sweet and The Associated PressJune 28, 2025
Wells Fargo let out of the doghouse as Fed lifts restrictions placed on it in 2018 over its fake-accounts scandal
Finance
Wells Fargo let out of the doghouse as Fed lifts restrictions placed on it in 2018 over its fake-accounts scandal
By Ken Sweet and The Associated PressJune 4, 2025
Jamie Dimon
Finance
Bank profits slide as people struggle with debt
By Ken Sweet and The Associated PressJuly 12, 2024
Jane Fraser
Finance
Citigroup has now been fined more than half a billion dollars for risk issues. CEO Jane Fraser has staked her tenure on fixing the bank
By Ken Sweet and The Associated PressJuly 10, 2024
FDIC chair who quit following report of workplace stalking and harassment will be replaced by Georgetown law professor Christy Goldsmith Romero
Politics
FDIC chair who quit following report of workplace stalking and harassment will be replaced by Georgetown law professor Christy Goldsmith Romero
By Ken Sweet and The Associated PressJune 14, 2024
‘Cafes’, ‘community centers’ and ‘third spaces’—Banks are redesigning branches to remind you of anything but banks
Finance
‘Cafes’, ‘community centers’ and ‘third spaces’—Banks are redesigning branches to remind you of anything but banks
By Ken Sweet and The Associated PressJune 10, 2024
Abrupt bankruptcy of financial middleman Synapse freezes bank accounts of tens of thousands of U.S. businesses and consumers
Finance
Abrupt bankruptcy of financial middleman Synapse freezes bank accounts of tens of thousands of U.S. businesses and consumers
By Ken Sweet and The Associated PressMay 23, 2024
Mastercard says it expects new AI software to find compromised credit and debit cards quicker—before they get used by criminals
Tech
Mastercard says it expects new AI software to find compromised credit and debit cards quicker—before they get used by criminals
By Ken Sweet and The Associated PressMay 22, 2024
President Joe Biden speaks at podium
Finance
Joe Biden’s plan to slash $14 billion in credit-card late fees is halted by a federal judge in Texas
By Ken Sweet and The Associated PressMay 11, 2024
Jamie Dimon
Finance
Jamie Dimon calls on America to unite amid ‘great crises’ to protect ‘essential freedoms, including free enterprise’
By Ken Sweet and The Associated PressApril 8, 2024
Rohit Chopra
Finance
Judge calls out banking industry for choosing Texas court to challenge credit card fee caps—’Venue is not a continental breakfast’
By Ken Sweet and The Associated PressMarch 28, 2024
Steven Mnuchin
Finance
Mnuchin to the rescue as commercial real estate loan victim NYCB secures over $1 billion lifeline
By Stan Choe, Ken Sweet and The Associated PressMarch 6, 2024
Joe Biden
Politics
Biden’s CFPB cracks down on credit card late fees, caps them at $8
By Ken Sweet, Josh Boak and The Associated PressMarch 5, 2024
Customers make a transaction at a Capital One ATM
Finance
Capital One’s deal to buy Discover for $35 billion ‘will shrink the marketplace a little more now,’ credit card analyst says
By Ken Sweet and The Associated PressFebruary 20, 2024
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Most Popular
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunchplaceholder alt text
By Marco Quiroz-GutierrezJuly 1, 2026
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last yearplaceholder alt text
By Sydney LakeJune 25, 2026
Newsletters
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion winplaceholder alt text
By Diane BradyJuly 1, 2026
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