Banking

President-elect Trump's second term in the White House will mean significant changes in the financial services industry. A banking expert breaks down what to expect.

Wall Street firms are expected to increase bankers' bonuses this year for the first time since 2021 amid markets' rise and volatility, according to a report by Johnson Associates.

On Veterans Day, you can expect most big retailers to remain open, but get your banking done, and your mail sent, before November 11, as those buildings will be closed.

JPMorgan Chase's Jamie Dimon was interviewed during an annual bankers convention in New York City, where he discussed an "onslaught" of regulation.

Chase filed four lawsuits on Monday against customers who allegedly stole thousands of dollars while participating in the viral ATM glitch check fraud scam over the summer.

Bank of America customers got an unwelcome surprise when checking their bank balances online on Wednesday, with some showing their money had disappeared.

South Carolina Senator Tim Scott is out with new legislation that would force the SEC Chair to appear before Congress biannually.

Chase says it is set to partner with law enforcement to pursue charges against participants in a scam involving a "glitch" in its systems, as it would any other fraud-related issue.

Investors' cash stockpiled in money market accounts hit a record $6.24 trillion in August, though looming interest rate cuts could lower returns and prompt outflows.

Custodia is a small, state-chartered bank but plays a crucial role for businesses that have otherwise been unable to gain access to banking services elsewhere.

Out-of-network ATM fees are most expensive than ever, according to a new study, which shows which cities have the costliest average fees in the country.

U.S. consumers have more debt and are starting to pull back on spending as they're trying to "maintain a lifestyle," says Bank of America's Brian Moynihan.

A group of 20 state attorneys general are accusing the Treasury Department of stoking "unfounded fear" in opposition to state laws banning de-banking practices.

Former President Trump is reportedly open to JPMorgan CEO Jamie Dimon serving as secretary of the U.S. Treasury if he wins a second term in the White House.

Morgan Stanley's net income rose to $3.1 billion, or $1.82 per share, in the three months ended June 30. That compares with $2.2 billion, or $1.24 per share, a year earlier.

Bank of America earned $6.9 billion, or 83 cents per share, in the quarter ended June 30, compared with $7.4 billion, or 88 cents per share, a year earlier.

Earnings were $3.04 billion, or $8.62 per share, for the three months ended June 30, compared with $1.22 billion, or $3.08 per share, a year earlier, the bank said on Monday.

AI and online-only perks aren't what some bank customers wants, but satisfaction with brick-and-mortar banks is declining.

It can be very exciting to receive an email, direct-mail letter or phone call letting you know you’ve won a "free cruise" or an "all-expenses-paid-vacation to a tropical island."

More than a dozen Wells Fargo employees found themselves out of a job last month after the bank investigated allegations of "simulation of keyboard activity."