JPMorgan, Citi staff to start 2022 with remote work
JPMorgan Chase & Co has offered its staff the option of working from home for the first two weeks of 2022, with a caveat that all employees are expected to return to office no later than Feb. 1, according to a memo seen by Reuters.
Jimmy Cayne, who led Bear Stearns before it imploded, dies at 87
Jimmy Cayne, the bridge-playing chief executive who led Bear Stearns until it nearly collapsed in 2008, died Tuesday.
Portland commissioner defends herself as ‘budget hawk’ after second creditor sues her over personal debt
Portland City Commissioner Jo Ann Hardesty defended herself as an "excellent steward of public dollars" amid concerns over her personal credit card debt after Bank of America sued her last month.
JPMorgan Chase opens new LA branch despite city's crime surge
At a time when retailers are leaving California and closing down businesses due to the "smash-and-grab" surge, JP Morgan Chase is doing the opposite. The proof lies within their newest flagship location in downtown Los Angeles. The nation's biggest bank teamed up with power agent Rich Paul for its latest ribbon cutting.
Bank of England raises interest in wake of rising consumer prices
The Bank of England raised interest rates on Thursday to combat surging consumer prices, the first central bank among the world’s leading economies to do so since the coronavirus pandemic began.
Banks are starting to reconsider overdraft fees
The banking industry appears to have overdone it on overdraft fees.
JPMorgan in talks to pay $200 million fine over employee text messages
JPMorgan Chase & Co. is nearing a deal to pay a $200 million fine and admit that it failed to properly monitor employees’ messages, the first settlement to emerge from a regulatory sweep into how banks oversee traders’ chats.
How can I get my lender to report my good payment history to the credit bureaus?
Reader asks the Credible Money Coach how to get truck payment history report to credit bureaus.
Biden Treasury pick Omarova could lead to demise of community banks, banking industry CEO warns
Florida Bankers Association CEO Alex Sanchez discusses the fate of community banks under Biden’s to Treasury post nominee.
GOP senator says Biden's 'radical' Treasury pick could 'turn banking into... the DMV'
Sen. Bill Hagerty, R-Tenn., expressed his "shock" Thursday that the upper chamber is being asked to consider Biden's "radical" nominee for Comptroller of the Currency, Saule Omarova.
JPMorgan Chase bank reverses decision after Missouri calls out refusal to serve conservative group
JPMorgan Chase announced that they are reversing course after WePay, which is owned by the bank, refused to do business with a conservative group.
Biden's pick Omarova walks back past controversial statements, claims they were merely academic proposals
President Biden's nominee to be the Comptroller of the Currency, Saule Omarova, found herself clarifying or walking back a number of past statements on Thursday.
Republicans set to grill Biden banking nominee Saule Omarova in key hearing, with moderate Dems on the fence
Senate Republicans aim to block Saule Omarova's nomination to be comptroller of the currency.
Ex-Barclays CEO Jes Staley who exchanged 1,200 emails with Epstein donated thousands to Democrats
Former Barclays CEO James "Jes" Staley, who resigned earlier this month under scrutiny over his relationship with late convicted sex offender Jeffrey Epstein, is a longtime donor to the Democratic Party.
A look at Saule Omarova, Biden's controversial nominee for bank regulator
The White House has doubled down on support for its controversial nominee to run the Office of the Comptroller of the Currency (OCC) despite bipartisan concerns.
White House doubles down on support for Saule Omarova amid cascading controversies surrounding nominee
The White House is standing by Saule Omarova, its nominee to be the comptroller of the currency.
Key Banking Committee Democrat Tester has 'real concerns' about Biden Treasury nominee Omarova
Sen. Jon Tester told FOX Business that he is worried about some of Saule Omarova's beliefs about "the role of government in the financial system."
Biden Treasury nominee Omarova laments Manchin: He is 'supposed to be on the Democratic side'
President Biden's nominee for a key Treasury post said Sen. Joe Manchin blocks important spending bills in a roundtable earlier this year, as her nomination appears in danger of tanking in the Banking Committee.
Barclays CEO Jes Staley steps down amid pressure over Epstein ties
Jes Staley stepped down as chief executive of Barclays PLC under pressure from regulators about how he characterized his relationship with the convicted sex offender and financier Jeffrey Epstein.
Over 90 groups urge Biden to drop IRS bank-reporting requirement over privacy concerns
A group of nearly 100 banks and other industry groups urged the Biden administration to drop a plan to force banks to turn over most customers' account information to the Internal Revenue Service.