Banking

Tom Hayes launches legal action against UBS, seeking $400 million in damages and alleging the Swiss bank made him the fall guy in the Libor rate-rigging scandal.

Major banking groups urge Congress to end government shutdown as economic risks mount for small businesses and communities nationwide during crisis.

Between inflation and the government shutdown, Bank of America's Brian Moynihan explains why consumers have to be "careful" when it comes to spending amid a strained economy.

JPMorgan Chase opened a $3 billion global headquarters in New York City as Wall Street leaders worry about the city's economic future under potential new leadership.

Democratic Sen. Elizabeth Warren and Treasury Secretary Scott Bessent are clashing over financial aid for Argentina during the ongoing U.S. government shutdown.

Twelve state financial officers urged the Consumer Financial Protection Bureau to preserve consumers' rights to share financial data with third parties.

JPMorgan Chase CEO Jamie Dimon warned of credit risks lurking in the economy, comparing them to cockroaches after failures of Tricolor and First Brands.

JPMorgan Chase unveiled a decade-long $1.5 trillion initiative targeting critical American industries including energy, manufacturing and defense sectors.

Startup founder Charlie Javice received an 85-month prison sentence for defrauding JPMorgan Chase by fabricating user data for her student loan platform Frank.

New York City's financial services sector lost 8,400 jobs from January through August 2024, while Texas overtook the state in financial workforce size, data shows.

Second Amendment groups are accusing leading banks of attempting to conceal their records of “brazen and ideologically driven" efforts to debank conservatives and gun owners.

Fed's first rate cut of the year could save credit card users $1.92 billion in interest annually while possibly reducing returns on savings accounts and certificates of deposit.

Senator Tim Scott, chairman of the powerful Senate Banking Committee, said a half point rate cut is possible today.

JPMorgan Chase CEO Jamie Dimon warned of economic uncertainty ahead, citing the delayed impact of tariffs, geopolitical challenges and policy changes under President Donald Trump.

New report reveals JPMorgan Chase processed over $1 billion in transactions for Jeffrey Epstein despite warnings from compliance officials before he was dropped as a client.

The Small Business Administration sent a letter requiring lenders to comply with anti-debanking measures by Dec. 5, 2025, following President Trump's Fair Banking Executive Order.

President Trump issued an executive order that bans debanking, as bank officials revealed regulatory pressure to close accounts of conservatives under previous administrations.

A group of treasurers, auditors and comptrollers from 23 states praised President Donald Trump's new executive order to halt debanking practices.

President Donald Trump will sign an executive order ending politically bias debanking policy and removing the reputation risk standard for bank regulators.

Proposed executive order would direct regulators to investigate banks for potential violations of Equal Credit Opportunity Act over political discrimination claims.