MortgagesBig banks cut thousands of jobs, more layoffs comingOctober 19, 202348Even as the economy has surprised forecasters with its resilience, lenders have cut headcount or announced plans to do so,...
MortgagesFTSE 100 Live: Share rally fades, City IPO warning, Burberry sales upJuly 14, 2023791689348966FTSE 100 closes flat as rally fadesThe FTSE 100 closed flat today at 7,434.57 as a rally faded as US...
BankingAmerican banks face more pain, huge shiftJuly 10, 202355Rising interest rates, losses on commercial real estate and heightened regulatory scrutiny will pressure regional and midsized banks, leading to...
BankingDeutsche Bank will pay $75 million to victimsMay 18, 202356Deutsche Bank agreed to pay $75 million to victims of sex predator Jeffrey Epstein to settle a federal lawsuit accusing...
BankingJPM’s Jamie Dimon warns of market panic as U.S. nears defaultMay 11, 202369JPMorgan Chase CEO Jamie Dimon said Thursday that markets will be gripped by panic as the U.S. approaches a possible...
Stock MarketDow falls more than 100 points on fears the Fed will overtightenJanuary 19, 202370Stocks fell Thursday as investors grew increasingly concerned the Federal Reserve will keep raising rates despite signs of slowing inflation.The...
BankingJPMorgan Chase (JPM) earnings 4Q 2022January 13, 202369Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during the Institute of International Finance (IIF)...
BankingJamie Dimon says expect ‘other surprises’ from choppy markets after U.K. pensions nearly implodedOctober 14, 202272Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview in London, U.K., on Wednesday,...
Stock MarketStock futures fall after the Nasdaq Composite closes at a 2-year lowOctober 11, 202289U.S. stock futures fell Tuesday after the Nasdaq Composite closed at its lowest in two years during the regular session.Dow...
InvestingJPMorgan CEO says UK government deserves benefit of the doubtOctober 11, 202282Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co. says the new U.K. government should be "given...