JPMorgan in U.S-Russia sanctions war after overseas court orders $440M seized from bank
The order came after VTB filed a suit last week in a St. Petersburg arbitration court, seeking to be made...
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JPMorgan Chase (JPM) earnings Q4 2023
Earnings per share: $3.04, may not compare with expected $3.32Revenue: $39.94 billion, vs. expected $39.78 billionThe bank said quarterly earnings...
Big banks cut thousands of jobs, more layoffs coming
Even as the economy has surprised forecasters with its resilience, lenders have cut headcount or announced plans to do so,...
U.S. Bank, Fifth Third, others under review
"Banks kept their deposits, but they did so at a cost," said Ana Arsov, global co-head of banking at Moody's...
American banks face more pain, huge shift
Rising interest rates, losses on commercial real estate and heightened regulatory scrutiny will pressure regional and midsized banks, leading to...
JPM’s Jamie Dimon warns of market panic as U.S. nears default
JPMorgan Chase CEO Jamie Dimon said Thursday that markets will be gripped by panic as the U.S. approaches a possible...
U.S. will send Abrams tanks
WASHINGTON – The Biden administration announced on Wednesday it will equip Ukraine with the mighty M1A1 Abrams tank, a key...
JPMorgan Chase (JPM) earnings 4Q 2022
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during the Institute of International Finance (IIF)...
Wells Fargo, once the No. 1 mortgage player, steps back from business
Wells Fargo is stepping back from the multitrillion-dollar market for U.S. mortgages amid regulatory pressure and the impact of higher...
Regulators warn U.S. banks on crypto risks including ‘fraud and scams’
Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether's superior gains have come as...
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