Banking

The Biden administration proposed a new rule that would limit overdraft fees charged by banks to as little as $3, saving households $3.5 billion annually.

JPMorgan Chase CEO Jamie Dimon hosted a meeting with Volodymyr Zelenskyy on Tuesday afternoon in Davos, Switzerland, as both attended the World Economic Forum.

Banking industry leader Jamie Dimon reveals his most pressing concerns regarding artificial intelligence and its predicted impact on the banking sector.

Student borrowers enrolled in the Saving on Valuable Education (SAVE) plan will have their remaining debts canceled next month as part of a plan announced by President Biden on Friday.

The largest U.S. lender has benefited from its acquisition of failed First Republic Bank in May that brought in billions of dollars of loans and bolstered its net interest income.

The U.S. lender posted net income of $3.1 billion, or 35 cents a share, for the three months ended Dec. 31. That compares with $7.1 billion, or 85 cents a share, a year earlier.

JPMorgan Chase CEO Jamie Dimon expresses concerns over whether Americans are ready for a 70s stagflation state with high inflation and zero economic growth.

New Year's Day marks the official start date for several CEOs of prominent companies to begin their new role, including Krispy Kreme, Morgan Stanley and Sherwin-Williams.

The Biden administration has conducted a "discovery review" of more than two dozen large banks with assets totalling over $100 billion to determine their plans to manage climate risk.

The Comptroller of the Currency's National Risk Committee flagged the emergence of artificial intelligence as a risk for banks to be aware of as they deploy the emerging technology.

Regulators are probing Comerica after a botched technology upgrade left the Dallas, Texas-based bank’s wealth-management unit short millions of dollars.

The CEOs of the eight largest U.S. banks planned to push back on pending banking regulations as burdensome at Tuesday's hearing before the Senate Banking Committee.

Apple is ending its credit-card partnership with Goldman Sachs, marking the final blow to the Wall Street bank’s bid to expand into consumer lending. 

Many Americans still write paper checks for bills, purchases and services. However, bad actors are making a comeback and ripping off customers and U.S. banks.

The FDIC board called off a scheduled meeting to complete a plan to reimburse a federal deposit insurance fund for billions in losses tied to the collapse of two large banks in March.

U.S. Bank's partnership with the WNBA isn't just writing a check but rather helping all 144 players with their financial literacy program tailored just for them.

A U.S. subsidiary of China’s ICBC Financial Services was hacked this week, threatening a temporary logjam for some trades in the Treasury bond market.

FIRST ON FOX: A Goldman Sachs small business initiative is calling on 2024 political candidates to oppose efforts to restrict small business owners' access to capital.

The credit-card program is largely marketed toward people who buy and own General Motors cars. Goldman is also the issuer for the Apple credit card, which is much larger.

Visa launched its new AI Advisory Practice as a way to add value for clients by offering insights and recommendations on implementing AI to boost business performance.