JPMorgan CEO Jamie Dimon to Sell One Million Shares

[ad_1] Updated Oct. 27, 2023 12:21 pm ET Jamie Dimon plans to sell a portion of his stock in JPMorgan Chase for the first time. Dimon, the chief executive, intends…

Fed to Float Deep Cuts to Debit-Card Swipe Fees

[ad_1] Updated Oct. 25, 2023 12:57 pm ET WASHINGTON—The Federal Reserve is set to propose lowering by about 30% the fees merchants pay to many banks when consumers shop with…

Wall Street’s Green Shoots Risk Wilting

[ad_1] Bankers tend to turn into gardeners when talking about the continuing dearth of mergers and other investment-banking deals. They mention “green shoots,” in the form of an acquisition here,…

Bondholdings Become Less of a Burden at Bank of America and Other Big Banks

[ad_1] Fixed-rate bonds that lost value as interest rates rose can even help out in some ways. [ad_2] Source link

Big-Bank Profits May Be Higher, but for How Much Longer?

[ad_1] Despite banks continuing to see benefits of high rates, worries about deposit costs and consumer credit still lurk. [ad_2] Source link

The Score: Lockheed Martin, Paramount Global, JPMorgan Chase and More Stocks That Defined the Week

[ad_1] Here are some of the major companies whose stocks moved on the week’s news. [ad_2] Source link

JPMorgan’s Jamie Dimon: ‘This May Be the Most Dangerous Time the World Has Seen in Decades’

[ad_1] The bank said its third-quarter profit rose 35%, boosted again by rising interest rates.  [ad_2] Source link

Are High Rates Taking a Toll on Consumers? Bank Earnings Will Provide a Clue

[ad_1] JPMorgan, Wells Fargo and Citigroup will report third-quarter results on Friday, followed by others next week. [ad_2] Source link

WSJ News Exclusive | JPMorgan Chase Offers Private-Markets Fund Tailored to Individual Investors

[ad_1] The Private Equity Group within JPMorgan Chase’s asset management arm is tossing a new entry into the growing competition to open private equity to individual investors. [ad_2] Source link

Higher Rates Have Bank Stocks on the Mat

[ad_1] The KBW Nasdaq Bank Index is trailing the broader market by 37 percentage points this year. [ad_2] Source link