Tag: banks
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House lawmakers grill former JPMorgan executive Jes Staley over Epstein ties
House oversight Chair James Comer said Jes Staley defended Jeffrey Epstein and encouraged JPMorgan to retain him despite internal red flags.
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UniCredit CEO tells CNBC full acquisition of Commerzbank could happen in fourth quarter
UniCredit CEO Andrea Orcel told CNBC Thursday that the Italian bank could “potentially” acquire Commerzbank in the fourth quarter.
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Capital One earnings were good enough but didn’t answer the big question hanging over the stock
Investors want to know when Capital One will begin to see more tangible benefits from its Discover and Brex deals.
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Goldman Sachs creates private markets platform as rich investors seek the next SpaceX and Stripe
Goldman Sachs is launching a new alternative investments platform aimed at giving wealthy clients and family offices direct stakes in private companies.
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IRS chief Frank Bisignano laughs off JPMorgan spying allegations
Bisignano denied allegations The Wall Street Journal reported that he surveilled his colleagues while working at JPMorgan more than a decade ago.
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Jamie Dimon says markets underestimate risks and he wouldn’t buy stocks or Treasurys at current prices
Comments from JPMorgan Chase CEO Jamie Dimon contrast with investors’ recent willingness to look past wars, tariffs and other shocks.
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Capital One bet big on Discover. Now it must prove the gamble was worth it
Tuesday evening’s second-quarter earnings report is the perfect stage to do just that.
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Shares of leading Indian private-sector banks slump 5% on weak earnings in June quarter
Shares of Indian private-sector lenders fell on Monday as they reported a sharp contraction of net interest margins during the June quarter earnings.
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Will gold prices extend their record-breaking run?
Predictions suggest the price of the precious metal will keep hitting new record highs as investors seek a safe bet in turbulent times. Some forecasts say prices could double within five years.
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Sen. Warren says Trump’s CFPB overhaul has cost Americans $26.5 billion
Sen. Elizabeth Warren says the Trump administration’s rollback of CFPB rules and enforcement has cost Americans up to $26.5 billion so far.
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