The Justice Department accuses Visa of monopoly that affects the price of “almost everything”
Justin Sullivan Images | etty The US Department of Justice filed a lawsuit on Tuesday Visathe world's largest payments network,…
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Investment bank JPMorgan creates new position to oversee junior bankers
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the US Senate Banking, Housing and Urban Affairs…
JPMorgan Chase in talks with Apple to acquire Goldman Sachs card
Apple CEO Tim Cook introduces the Apple Card during a launch event at Apple headquarters in Cupertino, California, March 25,…
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…
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.…
Citigroup, JPMorgan Chase and Goldman hit by regulators
Citigroup CEO Jane Fraser testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of the…
Administrator says $85 million in savings for customers is missing
Jelena McWilliams, chairwoman of the Federal Deposit Insurance Corporation (FDIC), during a Senate Banking, Housing and Urban Affairs Committee hearing…