JPMorgan Chase names new head of AI unit
JPMorgan Chase has moved its global head of securities services into the role of chief data and analytics officer as the bank continues its artificial intelligence-related efforts.
Stocks fall as Fed's Powell confirms more rate hikes this year
U.S. Federal Reserve Chair Jerome Powell testified before a House panel on Wednesday, saying more rate hikes are on the way, after the central bank paused hikes last week.
Inflation remains steady in UK despite expectations, borrowers brace for more expensive loans
The United Kingdom's Office for National Statistics signaled the inflation rate in May remained unchanged, worrying borrowers who are now expecting borrowing rates to rise.
Fed exploring ways to speed up bank oversight, strengthen stress tests
Federal Reserve Vice Chair for Supervision Michael Barr said Tuesday that the central bank is looking to be more agile in regulating banks before and during financial crises.
More Americans seeking advice from financial institutions: report
More Americans have said they are reaching out to their financial institutions for advice, according to a survey by Morning Consult. Here’s what you need to know.
SVB customers who lost deposits under pressure to repay loans
Silicon Valley Bank customers in Asia having their deposits seized by the Federal Deposit Insurance Corp. and remain indebted to First Citizens Bank for loans.
Fed warns tighter credit conditions could slow US growth
The Federal Reserve warned in its semi-annual monetary report to Congress that tightening credit conditions could weigh on the U.S. economy this year.
Jeffrey Epstein was asked to help craft Virgin Islands sex offender law by first lady
A sensational new federal filing accuses the Virgin Islands government of pandering to then-convicted pedophile Jeffrey Epstein, even soliciting his input on a sex offender bill.
Fed, SEC probing Goldman Sachs’ role in SVB’s final days
Officials are seeking documents related to Goldman Sachs' role as both buyer of SVB’s securities portfolio and adviser on the company’s capital raise.
JP Morgan not planning to settle Jeffrey Epstein lawsuit brought by US Virgin Islands
JP Morgan has no plans to settle a lawsuit brought by the U.S. Virgin Islands that alleges the bank helped facilitate the alleged sex trafficking of disgraced financier Jeffrey Epstein.
Lawyer for Jeffrey Epstein accuser wants to question JPMorgan Chase CEO Jamie Dimon again
Lawyers for a Jeffrey Epstein accuser want a second chance at deposing JPMorgan Chase CEO Jamie Dimon, arguing the bank took too long to turn over documents.
New credit card bill targeting Visa-Master card 'duopoly' triggers lobbying onslaught
Lawmakers are pushing legislation that would reform the credit card industry with the purpose of fostering greater competition, prompting widespread outcry from a diverse coalition.
Americans anxious about money safety after bank failures: survey
The recent collapses of tech-friendly banks, including Silicon Valley Bank (SVB) and Signature Bank were why 48% of Americans said they were stressed about the safety of the money they have in accounts at banks or other financial institutions, according to a Gallup survey.
Banking industry pushes back on CFPB's warning over use of AI chatbots
The Consumer Financial Protection Bureau's latest advisory warns of potential problems with the use of artificial intelligence bots for customer service in banking.
JPMorgan CEO after overseas visit: China "not a 10-foot giant"
FOX Business caught up with JPMorgan Chase CEO Jamie Dimon on Capitol Hill Tuesday to ask about his trip to China and the state of U.S.-China relations.
JPMorgan CEO Jamie Dimon has 'no plans' to run for office, company says
Jamie Dimon has "no plans" to run for public office this year, JPMorgan Chase said, after the 67-year-old CEO fueled speculation over his political future.
UBS may delay results after Credit Suisse rescue: report
UBS is reportedly considering delaying its financial results from July 25 to late August due to the complex issues involved in the takeover of Credit Suisse.
Chase online banking bug causes double transactions and fees
Customers of Chase's online banking services ran into a glitch on Friday that caused some to see double transactions including fees and payments.
Growing your business: use these steps to secure your small business loan
Tricks and tips on how to get the best possible loan for a small business and how to channel that loan into growth, funding expansion or new employees.
JPMorgan Chase's COO talks economy, what he thinks the Fed will do with interest rates
JPMorgan Chase Chief Operating Officer Daniel Pinto offered his take Friday on the economy and the direction U.S. interest rates could be headed.