FDIC rule would force banks to retain fintech customer data after Synapse debacle
Tsingha25 | Istock | Getty Images The Federal Deposit Insurance Corporation on Tuesday proposed a new rule requiring banks to…
Banks
JPMorgan Chase shares fall 7% after the bank cut its forecasts for interest income and expenses
Daniel Pinto, President and Chief Operating Officer of JPMorgan Chase, speaks during the Semafor 2024 Global Economic Summit in Washington,…
Goldman Sachs to post $400 million third-quarter loss on consumer business
David Solomon, CEO of Goldman Sachs, during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” in…
JPMorgan Chase unveils AI assistant powered by OpenAI, the creator of ChatGPT
Teresa Heitsenrether is the company's director of data and analytics. Courtesy: Joe Vericker | PhotoBureau JPMorgan Chase has rolled out…
Jamie Dimon still sees a recession ahead
JPMorgan Chase Chief Executive Jamie Dimon said Wednesday he still believes the odds of a “soft landing” for the U.S.…
JPMorgan Chase opens more branches in small towns in the central United States
Three years ago, JPMorgan Chase It became the first bank with a branch in all 48 contiguous states. Now, the…
Morgan Stanley wealth advisors may promote bitcoin ETFs
Morgan Stanley Bitcoin on Friday told its army of financial advisors that it will soon allow them to offer bitcoin…
An AI-powered financial advisor has $20 billion in assets
AI-generated responses are becoming more common, whether travelers know it or not. Westend61 | Getty Images An automated financial advisor…
A bullish bet on major banks is lost in the rotation of technology stocks
Each weekday, the CNBC Investing Club with Jim Cramer publishes Homestretch, a handy evening update, just in time for the…
How to open a business bank account in 2024
Opening a business bank account will help your company keep its finances organized while also adding a professional touch to…