Hugh Son

Why JPMorgan Chase is prepared to sue the U.S. government over Zelle scams

In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Buried in a roughly 200-page quar...

Justice Department accuses Visa of debit network monopoly that impacts price of 'nearly everything’

In this article V Follow your favorite stocksCREATE FREE ACCOUNT The U.S. Justice Department on Tues...

American Airlines in talks to pick Citigroup over rival bank Barclays for crucial credit card deal, sources say

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JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns

JPMorgan Chase has created a new global role overseeing all junior bankers in an effort to better ma...

Apple is in talks with JPMorgan for bank to take over card from Goldman Sachs

Apple is in discussions with JPMorgan Chase for the bank to take over the tech giant's flagship cred...

FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle

The Federal Deposit Insurance Corporation on Tuesday proposed a new rule forcing banks to keep detai...

JPMorgan Chase shares drop 7% after bank tempers guidance on interest income and expenses

In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT JPMorgan Chase shares fell 7% on ...

Federal Reserve unveils toned-down banking regulations in victory for Wall Street

A top Federal Reserve official on Tuesday unveiled changes to a proposed set of U.S. banking regulat...

Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business

In this article GS Follow your favorite stocksCREATE FREE ACCOUNT Goldman Sachs will post a roughly ...

JPMorgan Chase is giving its employees an AI assistant powered by ChatGPT maker OpenAI

JPMorgan Chase has rolled out a generative artificial intelligence assistant to tens of thousands of...

Jamie Dimon says he still sees a recession on the horizon

JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a "soft landing" fo...

Morgan Stanley tells wealth advisors they can pitch bitcoin ETFs in a first for a big bank

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This AI-powered financial advisor has quickly gained $20 billion in assets

An automated financial advisor called PortfolioPilot has quickly gained $20 billion in assets in a p...

A Silicon Valley executive had $400,000 stolen by cybercriminals while buying a home. Here’s her warning

After a yearlong search, Rana Robillard was elated to learn she'd beaten three other bidders for a h...

Bank of America tops estimates on better-than-expected investment banking

In this article BAC Follow your favorite stocksCREATE FREE ACCOUNT Bank of America on Tuesday said s...

Morgan Stanley beats estimates on better-than-expected trading and investment banking

In this article MS Follow your favorite stocksCREATE FREE ACCOUNT Morgan Stanley said second-quarter...

Dimon and other Wall Street CEOs react to Trump assassination attempt: 'Deeply saddened' by violence

The leaders of Wall Street's most powerful firms are speaking out to condemn the attempted assassina...

Goldman Sachs is set to report second-quarter earnings — here’s what Wall Street expects

In this article GS Follow your favorite stocksCREATE FREE ACCOUNT Goldman Sachs is scheduled to repo...

Citigroup is about to report second-quarter earnings

In this article C Follow your favorite stocksCREATE FREE ACCOUNT Citigroup is scheduled to report se...

JPMorgan Chase is set to report second-quarter earnings – here's what the Street expects

In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT JPMorgan Chase is scheduled to re...

Banks in Synapse mess make progress toward releasing deposits of stranded fintech customers

There may be relief for the thousands of Americans whose savings have been locked in frozen fintech ...

How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts

When Natasha Craft first got a Yotta banking account in 2021, she loved using it so much she told he...

JPMorgan and Morgan Stanley boost buybacks and dividends, while Citigroup and BofA take smaller steps

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JPMorgan Chase says its stress test losses should be higher than what the Fed disclosed

In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT JPMorgan Chase said late Wednesda...

Federal Reserve says all 31 banks in annual stress test withstood a severe hypothetical downturn

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Morgan Stanley wealth advisors are about to get an OpenAI-powered assistant to do their grunt work

In this article MS Follow your favorite stocksCREATE FREE ACCOUNT Morgan Stanley is pushing further ...

Regulators hit Citigroup, JPMorgan Chase, Goldman Sachs and Bank of America over living will plans

Banking regulators on Friday disclosed that they found weaknesses in the resolution plans of four of...

Nearly $109 million in deposits held for fintech Yotta’s customers vanished in Synapse collapse, bank says

Ledgers of the failed fintech middleman Synapse show that nearly all the deposits held for customers...

Sen. Warren warns Powell against weakening banking regulations: ‘Do your job’

Sen. Elizabeth Warren, D-Mass., is accusing Federal Reserve Chair Jerome Powell of doing the financi...

Robotics startup cofounded by Synapse CEO is raising funds with exaggerated claims about GM ties

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT A humanoid robotics startup cofoun...