JPMorgan Chase's Jamie Dimon says 'time to fight back' against bureaucrats
JPMorgan Chase's Jamie Dimon was interviewed during an annual bankers convention in New York City, where he discussed an "onslaught" of regulation.
JPMorgan Chase starts suing customers who allegedly stole funds in ATM glitch scam that went viral
Chase filed four lawsuits on Monday against customers who allegedly stole thousands of dollars while participating in the viral ATM glitch check fraud scam over the summer.
Bank of America hit with outage, some customer accounts show zero
Bank of America customers got an unwelcome surprise when checking their bank balances online on Wednesday, with some showing their money had disappeared.
Tim Scott urges accountability for SEC after hearing postponed
South Carolina Senator Tim Scott is out with new legislation that would force the SEC Chair to appear before Congress biannually.
Chase to partner with law enforcement against ATM 'glitch' scammers: 'Fraud, plain and simple'
Chase says it is set to partner with law enforcement to pursue charges against participants in a scam involving a "glitch" in its systems, as it would any other fraud-related issue.
Cash in money market accounts at record level as rate cuts loom
Investors' cash stockpiled in money market accounts hit a record $6.24 trillion in August, though looming interest rate cuts could lower returns and prompt outflows.
Custodia Bank laying off employees as Biden admin's crypto crackdown weighs on digital asset industry
Custodia is a small, state-chartered bank but plays a crucial role for businesses that have otherwise been unable to gain access to banking services elsewhere.
ATM fees hit a record high in US — these are the cities where you'll pay the most
Out-of-network ATM fees are most expensive than ever, according to a new study, which shows which cities have the costliest average fees in the country.
Bank of America CEO reveals where US consumer money is going and the 'problem' with it
U.S. consumers have more debt and are starting to pull back on spending as they're trying to "maintain a lifestyle," says Bank of America's Brian Moynihan.
Red state AGs blast Secretary Yellen over alleged attempts to 'fearmonger' against de-banking bans
A group of 20 state attorneys general are accusing the Treasury Department of stoking "unfounded fear" in opposition to state laws banning de-banking practices.
Trump could pick Jamie Dimon for Treasury secretary
Former President Trump is reportedly open to JPMorgan CEO Jamie Dimon serving as secretary of the U.S. Treasury if he wins a second term in the White House.
Morgan Stanley's profit jumps as investment banking recovers
Morgan Stanley's net income rose to $3.1 billion, or $1.82 per share, in the three months ended June 30. That compares with $2.2 billion, or $1.24 per share, a year earlier.
Bank of America profit drops on lower interest income, outlook lifts shares
Bank of America earned $6.9 billion, or 83 cents per share, in the quarter ended June 30, compared with $7.4 billion, or 88 cents per share, a year earlier.
Goldman Sachs profit jumps on robust debt underwriting, fixed-income trading
Earnings were $3.04 billion, or $8.62 per share, for the three months ended June 30, compared with $1.22 billion, or $3.08 per share, a year earlier, the bank said on Monday.
Many consumers stay with their banks for years unless persuaded by other bank incentives
AI and online-only perks aren't what some bank customers wants, but satisfaction with brick-and-mortar banks is declining.
5 sneaky travel scams that target your money and how to avoid them
It can be very exciting to receive an email, direct-mail letter or phone call letting you know you’ve won a "free cruise" or an "all-expenses-paid-vacation to a tropical island."
Wells Fargo fires more than a dozen employees for faking work: report
More than a dozen Wells Fargo employees found themselves out of a job last month after the bank investigated allegations of "simulation of keyboard activity."
Trump backs Bitcoin as defense against foreign adversaries, centralized digital currency
Former President Trump called Bitcoin a key route to energy dominance, as well as the "last line of defense" against a centralized digital currency controlled by the U.S. government.
What is a high-yield savings account and how do I set one up?
A high-yield savings account offers a higher interest rate than a traditional account. This allows you to make more on the money you deposit.
Former Fed official's bank set to receive rare master account approval, raising eyebrows
Numisma, a small bank founded by former Fed official Randal Quarles, received conditional approval for a master account, a highly sought-after service denied to most uninsured institutions.