Indiana AG blasts Bank of America's alleged discriminatory behavior: 'You can't just pick and choose'
Indiana Attorney General Todd Rokita weighs in on the alleged behavior from Bank of America and its impact of free speech in the U.S.
Jamie Dimon nets $183M after completing planned stock sale
Jamie Dimon offloaded 178,222 shares of JPMorgan Chase stock Monday worth about $33 million, according to a filing with the Securities and Exchange Commission.
Dimon says AI could have similar impact as the printing press, electricity and internet
JPMorgan Chase CEO Jamie Dimon said in his annual letter to shareholders that artificial intelligence can be as transformational as the printing press, electricity and the internet.
Chase allowing advertisers to target customers based on purchases
Chase has launched a new platform, Chase Media Solutions, that allows marketers to target the bank's 80 million customers with ads based on their purchase histories.
Wyoming crypto bank not backing down in fight to access Federal Reserve
Custodia, one of four crypto banks in Wyoming, tells FOX Business it believes the judge's decision was wrong, and it’s considering all of its options, including an appeal.
Swipe fees cost consumers an estimated $578 million on Valentine’s Day: Study
Swipe fees are growing more costly for retailers and consumers, but the Fed is attempting to lower them.
Bank of Japan hikes interest rates for first time in 17 years
The move still keeps rates stuck around zero as a fragile economic recovery forces the central bank to go slow on further rises in borrowing costs, analysts say.
Americans increasingly upside down on auto loans as used car values fall
As used car prices gradually edge down, more Americans are underwater on their auto loans and the average amount consumers are upside down is at a record high, a new report found.
NYCB takes more action as CEO works a new business plan
New York Community Bank's incoming CEO said Thursday he's planning to present a new business plan in late April after NYCB got a $1 billion lifeline from investors.
Embattled bank NYCB lands $1B investment from group including Mnuchin's firm
Troubled regional lender New York Community Bank announced Wednesday that it secured a $1 billion investment from a group that includes former Treasury Secretary Steve Mnuchin's firm.
New York Community Bancorp seeks cash infusion
NYCB has been in crisis mode since it revealed in January signs of trouble in its commercial real-estate books, saying it swung to a loss in the fourth quarter and slashed its dividend.
Republican AGs demand Wells Fargo answer for abruptly closing gun dealer's account, other woke policies
A coalition of Republican AGs seek answers from Wells Fargo over its closure of a gun dealer's account and environmental policies they fear will lead to debanking.
Americans are struggling to get a loan since the Fed started raising rates
Half of loan or financial product applications have been denied since the Federal Reserve started hiking interest rates two years ago, according to a new study.
NYCB stock plummets as bank replaces CEO, cites 'material weakness'
The regional banking sector is staring down another potential crisis after New York Community Bank disclosed "material weakness" related to the company's internal controls.
JPMorgan CEO Dimon cautious about soft landing for economy
JPMorgan Chase CEO Jamie Dimon said he remains cautious about the prospects for the U.S. economy to have a soft landing but that market sentiment is improving.
I started my own business and that opportunity should be open to everyone
When I started my own business in South Carolina, I learned how hard it is to acquire capital. That chance at the American Dream should be open to every business
Capital One, Discover merger will break Visa-Mastercard 'duopoly,' analysts say
Capital One's $35.3 billion acquisition of Discover Financial would likely renew competition for Visa and Mastercard, which have long dominated the payment processing industry.
Capital One to acquire Discover Financial
Capital One is planning to buy Discover Financial Services that would bring the two large credit card issuers and lenders together, the company announced Monday.
Commercial real estate trouble could trigger systemic credit crash, fund managers say
A Bank of America survey of fund managers found that a growing percentage are worried commercial real estate woes could cause a credit crisis in the U.S.
Fed's Barr says regulators more aggressive with banks, focused on interest rate risk
Federal Reserve vice chair for supervision Michael Barr said the Fed's supervisors are working with banks to manage commercial real estate risk amid the high interest rate environment.