JPMorgan, Wells Fargo and Morgan Stanley to boost dividends after clearing Fed stress test

[ad_1] Jamie Dimon, CEO, JP Morgan Chase, during Jim Cramer interview, Feb. 23, 2023. CNBC Large U.S banks including JPMorgan Chase, Wells Fargo and Morgan Stanley said Friday they plan…

Federal Reserve says 23 biggest banks weathered severe recession scenario in stress test

[ad_1] Michael Barr, Vice Chair for Supervision at the Federal Reserve, testifies about recent bank failures during a US Senate Committee on Banking, House and Urban Affairs hearing on Capitol…

SEC fines JPMorgan subsidiary for deleting 47 million emails, some related to subpoenas

[ad_1] The Securities and Exchange Commission fined the broker-dealer subsidiary of JPMorgan Chase $4 million for accidentally deleting about 47 million emails from early 2018, according to an administrative order…

Why Charles Schwab became a financial ‘supermarket’

[ad_1] Charles Schwab Corp. is the largest publicly traded brokerage business in the United States with $7.5 trillion of client assets, and is a leading service provider for financial advisors, among…

‘Is this real?’ JPMorgan court filing shows Frank employees questioned stats before acquisition

[ad_1] Charlie Javice, who is charged with defrauding JPMorgan Chase & Co into buying her now-shuttered college financial aid startup Frank for $175 million in 2021, arrives at United States…

Microsoft’s stock hits record after executives predict $10 billion in annual A.I. revenue

[ad_1] Microsoft CEO Satya Nadella speaks at the company’s Build developer conference in Seattle, May 23, 2023. Microsoft Microsoft shares climbed to a record Thursday after analysts at JPMorgan Chase…

JPMorgan bond chief Bob Michele sees worrying echoes of 2008 in market calm

[ad_1] Bob Michele, Managing Director, is the Chief Investment Officer and Head of the Global Fixed Income, Currency & Commodities (GFICC) group at JPMorgan. CNBC To at least one market…

Jamie Dimon, America’s top banker, has ‘no plans’ to run for office

[ad_1] JPMorgan Chase CEO Jamie Dimon talks to reporters as he leaves the U.S. Capitol after an unannounced meeting with U.S. Senate Majority Leader Schumer that was reportedly about the…

Apple and fintechs like Robinhood chase yield-hungry depositors as Fed rate hikes continue

[ad_1] Upgrade CEO Renaud Laplanche speaks at a conference in Brooklyn, New York, in 2018. Alex Flynn | Bloomberg via Getty Images The technology industry is known for innovation and…

Judge says Google co-founder Larry Page can be served with legal papers in Jeffrey Epstein suit

[ad_1] Google co-founder Larry Page. David Paul Morris | Bloomberg | Getty Images A federal judge said that Google co-founder Larry Page can be served with legal papers by the…