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Jamie Dimon is unfazed by the $35 billion Capital One–Discover merger that could leapfrog JPMorgan: ‘Let them compete’
FinanceJamie Dimon is unfazed by the $35 billion Capital One–Discover merger that could leapfrog JPMorgan: ‘Let them compete’
By Marco Quiroz-GutierrezFebruary 27, 2024
CEOs from left, Charles Scharf, Wells Fargo, Brian Moynihan, Bank of America, Jamie Dimon, JPMorgan Chase, Jane Fraser, Citigroup, and Ronald O'Hanley, State Street, testify during the Senate Banking, Housing, and Urban Affairs Committee hearing
CommentarySIFMA: Proposed Basel III Endgame new trading capital rules would hobble U.S. banks, capital markets, and the broader economy
By Kenneth E. Bentsen, Jr.February 27, 2024
JPMorgan Chase CEO Jamie Dimon
FinanceJamie Dimon isn’t sold on his billionaire peers’ fears about commercial real estate crisis: ‘Most people will be able to muddle through this’
By Dylan SloanFebruary 27, 2024
An aerial drone view of the city centre of Zurich
FinanceZurich paid city employees double their monthly salaries. Now it wants that $200 million back
By Bastian Benrath and BloombergFebruary 27, 2024
Commercial real estate downtown
FinanceThe ‘prophet of urban doom’ says New York City is in major trouble, and it’s just the first inning of the ballgame: ‘The cycle is out of control’
By Dylan SloanFebruary 25, 2024
Randall Kroszner, former Fed governor, speaking during Senate hearing in 2012
FinanceTop economist warns of ‘unintended consequences’ from a banking regulation that will touch every corner of the economy
By Will DanielFebruary 21, 2024
a man holding his right arm up in the air
FinanceHSBC CEO Noel Quinn’s pay almost doubles to $13.4 million as company hits record profits—while median employee pay inches up 8%
By Prarthana PrakashFebruary 21, 2024
Silicon Valley Bank president Marc Cadieux is looking to rebuild trust—and he knows it’s going to be a long process
NewslettersSilicon Valley Bank president Marc Cadieux is looking to rebuild trust—and he knows it’s going to be a long process
By Allie GarfinkleFebruary 19, 2024
people sitting on benches at a park with a big blue European Central Bank logo
FinanceWhy a major Wall Street bank is accused of inventing a fake job title and telling its new ‘head of loan trading’ in Germany never to use it
By Prarthana PrakashFebruary 19, 2024
Trump’s finances hit by New York fraud case ruling: ‘I can imagine the Saudis lending him $300 million’
FinanceTrump’s finances hit by New York fraud case ruling: ‘I can imagine the Saudis lending him $300 million’
By Bernard Condon and The Associated PressFebruary 17, 2024
Deutsche staffers have been banned from working from home on Friday followed by a Monday.
FinanceDeutsche Bank is ordering managers back to the office 4 days a week, after previously hailing the productivity benefits of remote work
By Ryan HoggFebruary 16, 2024
Biden administration eases Wells Fargo oversight, saying bank has sufficiently fixed its toxic culture after years of scandals
FinanceBiden administration eases Wells Fargo oversight, saying bank has sufficiently fixed its toxic culture after years of scandals
By Ken Sweet and The Associated PressFebruary 16, 2024
Standard Chartered CEO Bill Winters
FinanceCEO of a $19 billion U.K. bank with business in Hong Kong since the Victorian age sees a ‘lack of confidence’ unraveling China’s economy
By Paolo ConfinoFebruary 13, 2024
Photo of a person using a credit card at a gas pump
CommentaryCongress could be about to give grocery stores and gas stations new payment options—but big banks are warning the savings will not be passed on to consumers and could mean the end of credit card rewards
By Richard HuntFebruary 13, 2024
Jane Fraser’s quest to restore Citi’s culture includes warning that bankers should control their drinking at client events, sources say
FinanceJane Fraser’s quest to restore Citi’s culture includes warning that bankers should control their drinking at client events, sources say
By Gillian Tan, Todd Gillespie and BloombergFebruary 10, 2024
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