Banking

The bank boosted its key rate by three-quarters of a percentage point Thursday, to 3%, after consumer price inflation returned to a 40-year high in September.

Toomey, a Republican, has requested information from a dozen firms including proxy advisors and ratings agencies on how they come up with scores that rank how various corporations adhere to ESG.

The Consumer Financial Protection Bureau (CFPB) issued guidance last week to stop banks from charging surprise overdraft and bounced check fees.

Credit Suisse Group AG is reducing its workforce by 5% in the fourth quarter and plans to trim its headcount even more by 2025, the company said Thursday.

A record number of American households had bank accounts in 2021, according to a survey released Tuesday by the Federal Deposit Insurance Corporation.

Certain customers of Chase, the consumer and commercial banking arm of JPMorgan Chase, can now get assess to their directly deposited paychecks sooner.

19 states are serving top banks in the U.S. for information regarding their involvement in the United Nations' net-zero ESG policies, saying it is harmful to American businesses.

Here's a look at how political action committees in five industries have been contributing to federal candidates ahead of the midterms, according to OpenSecrets data.

Carlos Hernandez, a veteran at JPMorgan is retiring at the end of Q1 next year. He currently leads the struggling corporate investment banking division.

The second-largest U.S. bank, led by Brian Moynihan, earned 81 cents a share vs. analysts' expectations of 77 cents per share in the third quarter of the year.

Goldman Sachs is planning to restructure its biggest businesses into three divisions, which include combining investment banking and trading businesses into one unit.

Odeon Capital Group chief financial strategist Dick Bove predicts big bank earnings won't continue to be "very strong" if the economy slows down and loan demand slides.

The bank set aside $808 million in reserves, as the U.S. Federal Reserve's efforts to cool the economy through interest rate hikes have stoked fears of an economic downturn.

Kanye West, know known as Ye, has severed ties with JPMorgan Chase. The bank notified his company Yeezy of the change on Sept. 20, weeks before the designer's most recent controversies.

JPMorgan, Wells Fargo, Citigroup and Morgan Stanley will begin earnings season for the major banks on Friday morning.

JPMorgan Chase allegedly closed the bank account of the National Committee for Religious Freedom and demanded a list of political donors from the bipartisan, multi-faith nonprofit.

Defined benefit pensions have to make sure that their assets, such as stocks and bonds, can generate enough cash to meet liabilities - the monthly payouts guaranteed to pensioners.

The Swiss bank's debt buyback plans come in an effort to calm market jitters related to its financial health. Credit Suisse shares jumped more than 10% on Friday.

Edward Jones' parent has scrapped plans to create a new bank as market turmoil looms and banking crises in the U.K. and at Credit Suisse threaten a Lehman moment.

Online forums, including Twitter and Reddit, have been playing an outsized role in affecting the value of companies like GameStop, AMC and Credit Suisse.