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.
JPMorgan fined $200M for employees' use of WhatsApp, personal devices to discuss business matters
From at least January 2018 through November 2020, JPMorgan employees, including managing directors and other senior supervisors, allegedly exchanged thousands of messages on business matters, including investment strategy, discussions of client meetings and communications about market color, analysis, activity trends or events
Jack Dorsey's Block Inc. hit with lawsuit for name change
The tax preparer argues the fintech startup's name change will "improperly capitalize on the goodwill and consumer trust" that has been cultivated since 1955.
JPMorgan tells unvaccinated workers to stay home
JPMorgan Chase & Co.
JPMorgan Chase adds options to avoid overdraft fees
JPMorgan Chase is rolling out more options so customers can avoid pesky and costly fees.
Visa launching crypto advisory service to help financial institutions, retailers navigate sector
Visa has launched a new cryptocurrency advisory service to help financial institutions and retailers navigate the sector as mainstream interest among investors and the public is ramping up.
Citigroup applies for China securities license
Citigroup Inc.
Square changes name to Block, days after CEO Jack Dorsey leaves Twitter
Square Inc., the financial-services company co-founded and led by former Twitter Inc.
Capital One to end overdraft fees
Capital One customers caught a big break as the bank kisses overdraft fees goodbye forever.
Jamie Dimon says he would bet JPMorgan will outlive China’s Communist Party
JPMorgan Chase & Co.
Overdraft fees hit all-time high, ATM fees down
Average monthly fees for interest checking accounts are up more than 5 percent, hitting a record high.
Warnock has spent over $600K in campaign cash on personal security, despite gun control push
Sen. Raphael Warnock, D-Ga., has spent more than $600,000 on personal security over the past year, despite pushing for gun control, according to new campaign finance data reviewed by FOX Business.
Even softer IRS $600 monitoring rules would be costly, complex mess for banks
Giving the IRS more power to monitor customer bank accounts is not only a privacy violation but could raise costs for millions.
Goldman Sachs execs peeved at CEO for moving them to floors with ‘rank-and-file’ workers
Goldman Sachs CEO David Solomon’s long-delayed initiative to move senior executives at the firm’s headquarters closer to the rank-and-file has finally come to fruition — and it’s rankling higher-ups and underlings alike, sources told The Post.
As yields rise, some US banks shift cash to Treasuries
Some big U.S. banks are buying more U.S. government securities as yields start to rise and the Federal Reserve appears ready to taper its bond-buying program - a balance sheet shift that analysts say could boost bank earnings by several percentage points depending on how they play their hands.
Samsung says Q3 profit likely highest in 3 years on rising chip prices
Samsung Electronics Co Ltd said on Friday its third-quarter operating profit likely rose 28% to the highest in three years, helped by rising memory chip prices and display sales for smartphone makers' new flagship launches.
Investors should be wary of ‘non-recoverable mistakes’: Mohamed El-Erian
Mohamed El-Erian warns investors to avoid "non-recoverable mistakes" in a fluid stock market.
Missouri joins Nebraska in IRS snoop pushback
A provision that would all the IRS to monitor $600 transactions is falling flat at the state level as opposition grows.
Bank of America online banking system experiences outage
Bank of America's online banking site is experiencing outages.
Merck buying Acceleron Pharma in $11.5B deal
Merck will spend about $11.5 billion to buy Acceleron Pharma and its potential treatment for high blood pressure in vessels that connect the lungs heart.