Banking

Anshu Jain, a veteran of the financial industry and Cantor Fitzgerald president and former co-CEO of Deutsche Bank, has died after a battle with cancer, according to his family.

Congress is considering a bill to limit overdraft fees, and experts have mixed opinions on what it could mean for consumers.

Three former JPMorgan Chase were acquitted of racketeering and conspiracy charges in a futures manipulation trial. Two were found guilty on other charges including fraud.

Consumers are continuing to use buy now, pay later to make purchases, even as recession risk grows, according to a new report.

Gov. DeSantis is fighting leftist corporations that are trying to control how people live through ESG. All six major banks have embraced this radical agenda.

The bank has increased borrowing costs at six straight meetings of its monetary policy committee. It warned that the U.K will enter a recession later this year.

Equifax sent incorrect credit scores to to banks and nonbank lenders that may have been off by as much as 20 points in either direction.

A report from J.D. Power said financially vulnerable consumers are increasingly leaning on personal loans to help them pay down debt.

West Virginia Treasurer Riley Moore detailed the attack on fossil fuels in his state on Fox News Channel's 'Fox & Friends,' Monday, explaining his pushback against top banks.

European Central Bank raised interest rates by half a percent which exceeded expectations and devised a plan to purchase debt of Europe's most vulnerable economies.

A group of House Republicans introduced legislation Wednesday that they said would fight back against President Biden's latest attempts to push his "woke agenda" upon small businesses.

Bank of America's second quarter profit fell to $6.2 billion, or 73 cents per diluted share, compared to $9.2 billion, or $1.03 per share, during the same period a year ago.

Revenue at the global markets unit, which houses Goldman's trading desks, jumped 32% to $6.47 billion, with fixed income, commodities and trading revenue surging 55% and equities revenue adding 11%.

Regions Financial has been accused in a lawsuit of allegedly overcharging fees and mismanaging a trust.

Traders are bracing for another round of earnings reports Friday morning including the latest results from Citigroup and Wells Fargo.

Traders will be concentrating on even more bank earnings on Friday including results from Citigroup and Wells Fargo.

Bank of America is being fined $225 million by federal regulators for how they handled a jobless benefits program during the COVID-19 pandemic.

Consumers are growing increasingly concerned about their buy now, pay later payments being put on their credit reports.

Traders are bracing for the start of earnings season from the big banks with results scheduled Thursday from JPMorgan Chase and Morgan Stanley.

Thursday's trading could be impacted by earnings reports from JPMorgan Chase and Morgan Stanley, the producer price index for June, weekly jobless claims and more.