Tag:JPMorgan Chase & Co

Economy

CFPB announces rule limiting bank overdraft fees; trade group sues in response

Rohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on June 14, 2023.Tom Williams | Cq-roll Call, Inc....

Joseph Brown - December 12, 2024

One week later – a look at the Trump trades gaining momentum and those that are fading

It's a good time to check in on how the "Trump trade" is doing. The stock market rallied to fresh records after Donald...

Joseph Brown - November 12, 2024

‘Two-stocks’ are better than one? Repacking ‘pair trades’

The exchange-traded fund industry is trying to make pair-trade strategies more accessible to everyday investors.Tidal Financial Group's Michael Venuto filed last month for...

Joseph Brown - November 9, 2024

Business

JPMorgan begins suing customers who allegedly stole thousands of dollars in ‘infinite money glitch’

JPMorgan Chase has begun suing customers who allegedly stole thousands of dollars from ATMs by taking advantage of a technical glitch that allowed...

Joseph Brown - October 28, 2024

Business

AI on the trading floor: Morgan Stanley expands OpenAI-powered chatbot tools to Wall Street division

A screen displays the trading information for Morgan Stanley on the floor of the New York Stock Exchange (NYSE), January 19, 2022.Brendan McDermid...

Joseph Brown - October 23, 2024

Business

Morgan Stanley tops estimates on better-than-expected wealth management, trading and banking results

Morgan Stanley on Wednesday topped analysts' estimates for third-quarter profit as each of its three main divisions generated more revenue than expected.Here's what...

Joseph Brown - October 16, 2024

Business

Bank of America tops estimates on better-than-expected trading revenue

Brian Moynihan, CEO of Bank of AmericaHeidi Gutman | CNBCBank of America topped analyst estimates for third-quarter profit and revenue on better-than-expected trading...

Joseph Brown - October 15, 2024

Business