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Finance
Justice Department accuses Visa of debit network monopoly that affects price of ‘nearly everything’
Justin Sullivan | etty Images The U.S. Justice Department on Tuesday sued Visa, the world’s biggest payments network, saying it…
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Finance
JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs…
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Finance
Apple is in talks with JPMorgan for bank to take over card from Goldman Sachs
Apple CEO Tim Cook introduces the Apple Card during a launch event at Apple headquarters in Cupertino, California, on March…
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Finance
FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle
Tsingha25 | Istock | Getty Images The Federal Deposit Insurance Corporation on Tuesday proposed a new rule forcing banks to…
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Finance
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 regulations that roughly cuts…
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Finance
JPMorgan Chase shares drop 5% after bank tempers guidance on interest income and expenses
Daniel Pinto, president and chief operating officer of JPMorgan Chase, speaks during the Semafor 2024 World Economy Summit in Washington,…
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Finance
Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business
David Solomon, CEO of Goldman Sachs, during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” in…
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