JPMorgan CEO Jamie Dimon hints at retiring within 5 years
Jamie Dimon, CEO of JPMorgan Chase, at the U.K. Global Investment Summit at Hampton Court Palace in London, U.K., on Nov. 27, 2023. Bloomberg | Bloomberg | Getty Images Jamie …
Banks
Dow at record high, Iran’s president dies in helicopter crash
Traders work on the floor of the New York Stock Exchange during morning trading on May 17, 2024 in New York City. Angela Weiss | AFP | Getty Images This …
Dow at record close, GameStop shares crash
Andriy Onufriyenko | Moment | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything …
HSBC shares fall amid reports top shareholder Ping An may sell shares
Customers use automated teller machines (ATM) at an HSBC Holdings Plc bank branch at night in Hong Kong, China, on Saturday, Feb 16, 2019. Anthony Kwan | Bloomberg | Getty …
The rule capping credit card late fees at $8 is on hold — here’s what it means for you
Rohit Chopra, director of the Consumer Financial Protection Bureau, speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., Dec. 15, 2022. Ting Shen | Bloomberg …
CFPB rule faces possible freeze
Epoxydude | Fstop | Getty Images A Consumer Financial Protection Bureau regulation that promised to save Americans billions of dollars in late fees on credit cards faces a last-ditch effort …
Spain’s BBVA launches rare hostile takeover bid for rival Sabadell
A logo outside the Banco Sabadell SA offices at the Banc Sabadell Tower in Barcelona, Spain, on Wednesday, May 1, 2024. Bloomberg | Bloomberg | Getty Images Spanish bank BBVA …
Spain’s BBVA announces $13 billion hostile takeover bid for Sabadell
The headquarters of the Spanish bank BBVA are seen in Madrid, Spain. Juan Medina | Reuters Spanish bank BBVA on Thursday presented a 12.23 billion euro ($13.11 billion) takeover bid …
UBS first-quarter earnings 2024
UBS logo is seen at the office building in Krakow, Poland on February 22, 2024. Jakub Porzycki | Nurphoto | Getty Images UBS on Tuesday reported a swing back to profit …
Private credit market is a ‘big story’ in Asia though institutional investors have become selective, say industry experts
Private credit took off in the US after the 2008 global financial crisis. American banks shrank their balance sheets, and regulators introduced stringent capital rules, which created a lending vacuum …