Citigroup profit beats estimates as stock trading jumps 23%
Citigroup's markets revenue rose 12% to $6 billion in the quarter, surpassing its earlier expectations for a mid-single-digit percentage gain, the bank said on Tuesday.
Trump admin moves to crack down on use of regulatory 'guidance' at CFPB
The Trump administration is conducting a review of the use of regulatory guidance at the CFPB and is planning to rescind guidance that exceeds legal authority.
Senate confirms Trump's SEC chair pick Paul Atkins
The Senate confirmed pro-cryptocurrency attorney Paul Atkins as President Donald Trump's new chairman of the Securities and Exchange Commission.
Credit card rewards are about to vanish, and guess who’s to blame?
With summer vacations just around the corner, millions of Americans are getting ready to cash in their hard-earned credit card rewards. But what if those rewards disappeared overnight?
Zelle network ends cash transfer services on standalone app
Zelle network ended cash transfers on its standalone app on Tuesday, citing a lack of demand from a userbase that primarily accesses its services via third-party online banking.
JPMorgan rebrands diversity program
JPMorgan Chase is dropping "equity" from its diversity program as more companies scale back initiatives that are aimed at increasing racial and gender equality in the workplace.
Trump vows to make US 'undisputed Bitcoin superpower and crypto capital of the world'
President Donald Trump told the Digital Assets Summit in New York City he'll work to make America the "undisputed Bitcoin superpower" and "crypto capital."
Senate panel advances debanking reform, first digital assets bill
The Senate Banking Committee advanced bills to create a regulatory framework for dollar-denominated stablecoins and to prevent debanking due to "reputational risk."
JPMorgan CEO Jamie Dimon says remote work 'doesn't work in our business'
JPMorgan CEO Jamie Dimon defended his stance against remote work to a group of college students, saying that telework "doesn't work in our business."
JPMorgan Chase makes moves to prevent religious, political ‘debanking’
JP Morgan Chase updated its code of conduct to prevent employee and customer discrimination on the basis of religion and political opinion.
Tim Scott introduces Senate bill to address debanking over 'reputational risk'
Sen. Tim Scott and banking committee Republicans introduced a new bill known as the FIRM Act, which seeks to prevent debanking decisions related to concerns over reputational risk.
JPMorgan's new NYC headquarters to offer jaw-dropping employee perks
JPMorgan Chase is opening a new headquarters in New York City later this year. It will feature numerous perks as employees are mandated to return to the office.
Jamie Dimon slams anti-RTO movement: 'I don't care how many people sign that f---ing petition'
Jamie Dimon, the head of Wall Street titan JPMorgan, told staffers that he didn't care about a petition circulating that was trying to reverse the company's latest policy.
Bank CEOs Dimon and Moynihan deny debanking accusations, admit 'things can be fixed'
JPMorgan Chase CEO Jamie Dimon and Bank of America CEO Brian Moynihan said on Thursday that their respective financial institutions don't debank customers.
Big bank CEOs to meet with lawmakers on solutions to debanking
A group of CEOs from leading U.S. banks are meeting with the Senate Banking Committee to discuss potential solutions to regulatory issues related to debanking decisions.
JPMorgan Chase reportedly to start rounds of layoffs
JPMorgan Chase has several rounds of layoffs coming this year, and some workers at the company have apparently started being told they will lose their jobs, according to Barron's.
Senate banking panel hears debanking testimony: 'Extremely disruptive'
The Senate Banking Committee held a hearing to discuss the impact of debanking on customers cut off from financial services, with bipartisan senators calling for a solution.
Senate committee plans hearing on debanking, reveals witnesses
The Senate Banking Committee will hold a hearing regarding concerns over debanking and its impact on Americans, along with the role played by financial regulators in such decisions.
House Oversight chair: Banks will face 'a lot of questions' over alleged debanking of conservatives
House Oversight Committee Chair Jamie Comer, R-Ky., said on "Sunday Morning Futures" that his panel plans to investigate alleged debanking of conservatives by financial institutions.
Trump's Davos comments reignite debanking controversy
President Donald Trump accused leading U.S. banks of debanking conservative clients over their political views, a claim that financial institutions have pushed back on.