Landing a Goldman Sachs internship as difficult as NASA astronaut acceptance
With 2,600 spots for over 360,000 applicants, Goldman Sachs internships rival NASA's astronaut program as applications surge 300% since CEO David Solomon took over in 2018.
James Comer probes if government played role in 'debanking' conservatives
House Oversight Committee Chairman James Comer is continuing to probe the alleged 'debanking' of conservatives.
Powell to be pressed on Fed spending, agency’s politicization
Jerome Powell returns to Capitol Hill where Republicans plan to challenge the Fed's $2.5 billion headquarters renovation featuring marble and rooftop gardens amid inflation concerns.
Bank of America CEO reveals how Trump's historic Middle East peace deal is boosting the economy
Middle East conflict resolution is "good" for the American consumer and markets, Bank of America CEO Brian Moynihan reacts to the Trump-brokered ceasefire.
Citi to end policy restricting services to retail clients selling firearms in effort to ensure 'fair access'
Citigroup on Tuesday said it was dropping a 2018 policy that placed restrictions on offering banking services to retail clients selling firearms.
Citi updating policies to prevent debanking over firearms, political views
Citi announced a policy update to ensure fair access to financial services regardless of political views or firearms industry involvement as it looks to address debanking concerns.
Citi CEO bullish on US economy and entrepreneurship under Trump leadership
Citigroup CEO Jane Fraser says she is "very encouraged" by the "clarity" and "direction" coming from the Trump administration, which in turn helps the top bank support Main Street.
JPMorgan expands affluent banking network with 14 new financial centers
JPMorgan Chase aims to double its J.P. Morgan Financial Centers, focusing on affluent clients with personalized banking and wealth management services.
GOP lawmakers rally around new banking option aimed at easing financial regulations crippling Americans
Sen. Ted Cruz, R-Texas, and Rep. Diana Harshbarger, R-Tenn., will introduce the Universal Savings Account Act on Thursday to "establish financial security."
Bank of America CEO says highly-anticipated Trump trade deals will do a lot to 'calm the market'
Bank of America CEO Brian Moynihan breaks down how the first Trump trade deal could form the "blueprint" for future deals and "calm" volatile markets on "Special Report."
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.