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breakingNewsGlobal

Citigroup, JPMorgan Chase, Goldman Sachs hit by regulators

by Anas Siddiqui
Citigroup, JPMorgan Chase, Goldman Sachs hit by regulators

Jane Fraser, CEO of Citigroup, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Thursday, September …

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Trustee says $85 million of customer savings is missing

by Anas Siddiqui
Trustee says  million of customer savings is missing

Jelena McWilliams, chair of the Federal Deposit Insurance Corporation (FDIC), during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Aug. 3, 2021. Al …

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Consumers, businesses have turned cautious

by Anas Siddiqui
Consumers, businesses have turned cautious

Bank of America Chairman and CEO Brian Thomas Moynihan speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in …

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JPMorgan stock is too expensive

by Walter Watson
JPMorgan stock is too expensive

Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. …

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JPMorgan CEO Jamie Dimon hints at retiring within 5 years

by Ron Morgan
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 …

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The rule capping credit card late fees at $8 is on hold — here’s what it means for you

by Anas Siddiqui
The rule capping credit card late fees at  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 …

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Citigroup CEO Jane Fraser says low-income consumers are more cautious

by Anas Siddiqui
Citigroup CEO Jane Fraser says low-income consumers are more cautious

Citigroup CEO Jane Fraser said Monday that consumer behavior has diverged as inflation for goods and services makes life harder for many Americans. Fraser, who leads one of the largest …

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Berkshire Hathaway’s big mystery stock wager could be revealed soon

by Anas Siddiqui
Berkshire Hathaway’s big mystery stock wager could be revealed soon

Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBC Berkshire Hathaway, led by legendary investor Warren Buffett, has been …

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NYCB shares jump 30%, CEO gives plan for ‘clear path to profitability’

by Anas Siddiqui
NYCB shares jump 30%, CEO gives plan for ‘clear path to profitability’

A New York Community Bank stands in Brooklyn, New York City, on Feb. 8, 2024. Spencer Platt | Getty Images New York Community Bank on Wednesday posted a quarterly loss …

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JPMorgan in U.S-Russia sanctions war after overseas court orders $440M seized from bank

by Ron Morgan
JPMorgan in U.S-Russia sanctions war after overseas court orders 0M seized from bank

JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill …

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