Tag:breakingNewsGlobal

Business

Bank stocks pop after Fed releases ‘easier’ 2025 stress test, plans to make exam more predictable

Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. Patrick T. Fallon |...

Joseph Brown - February 6, 2025

Business

‘This was preventable’: Corporate world shudders at new risks after slaying of UnitedHealthcare CEO

Closed circuit screenshots of a person of interest in the UnitedHealthcare CEO killing.Source: NYPDUnitedHealthcare CEO Brian Thompson was fatally shot Wednesday doing something...

Joseph Brown - December 6, 2024

Business

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

Justin Sullivan | etty ImagesThe U.S. Justice Department on Tuesday sued Visa, the world's biggest payments network, saying it propped up an illegal...

Joseph Brown - September 24, 2024

Business

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 Committee oversight hearing...

Joseph Brown - September 18, 2024

Business

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 25, 2019.Noah Berger...

Joseph Brown - September 17, 2024

Business

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

Tsingha25 | Istock | Getty ImagesThe Federal Deposit Insurance Corporation on Tuesday proposed a new rule forcing banks to keep detailed records for...

Joseph Brown - September 17, 2024

JPMorgan Chase shares drop 7% 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, DC, on April...

Joseph Brown - September 10, 2024

Business