Banking

Credit Suisse said late Sunday that Antonio Horta-Osório had resigned following an investigation commissioned by the board that examined his conduct, including travel that breached COVID-19-related government rules and his personal use of corporate aircraft.

Credit Suisse Chairman Antonio Horta-Osorio has resigned after flouting COVID-19 quarantine rules, the bank said on Monday, raising questions over the embattled lender's new strategy as it tries to recover from a string of scandals.

JPMorgan Chase’s fourth-quarter profit fell 14%, the bank said Friday, but the bank set a record for annual profit.

Citigroup plans to meet a Friday vaccination deadline, despite the Supreme Court ruling blocking the Biden administration's enforcement of a COVID-19 mandate for businesses with 100 or more employees.

Bank of America is joining JPMorgan and Capital One in cutting overdraft fees.

Mexico ended 2021 with an annualized inflation rate of 7.36%, the highest in 20 years, the national statistics institute said Friday.

Citigroup announced the requirement back in October but did not initially announce a deadline.

Banking app "Dave," backed by Mark Cuban, began trading on the Nasdaq on Thursday

New York City Mayor Eric Adams scolded big banks for sending their Big Apple-based employees back to remote work amid the spread of the highly contagious omicron variant, asserting that the financial powerhouses "can't run New York City from home."

JPMorgan Chase & Co has offered its staff the option of working from home for the first two weeks of 2022, with a caveat that all employees are expected to return to office no later than Feb. 1, according to a memo seen by Reuters.

Jimmy Cayne, the bridge-playing chief executive who led Bear Stearns until it nearly collapsed in 2008, died Tuesday.

Portland City Commissioner Jo Ann Hardesty defended herself as an "excellent steward of public dollars" amid concerns over her personal credit card debt after Bank of America sued her last month.

At a time when retailers are leaving California and closing down businesses due to the "smash-and-grab" surge, JP Morgan Chase is doing the opposite. The proof lies within their newest flagship location in downtown Los Angeles. The nation's biggest bank teamed up with power agent Rich Paul for its latest ribbon cutting.

The Bank of England raised interest rates on Thursday to combat surging consumer prices, the first central bank among the world’s leading economies to do so since the coronavirus pandemic began.

The banking industry appears to have overdone it on overdraft fees.

JPMorgan Chase & Co. is nearing a deal to pay a $200 million fine and admit that it failed to properly monitor employees’ messages, the first settlement to emerge from a regulatory sweep into how banks oversee traders’ chats.

Reader asks the Credible Money Coach how to get truck payment history report to credit bureaus.

Florida Bankers Association CEO Alex Sanchez discusses the fate of community banks under Biden’s to Treasury post nominee.

Sen. Bill Hagerty, R-Tenn., expressed his "shock" Thursday that the upper chamber is being asked to consider Biden's "radical" nominee for Comptroller of the Currency, Saule Omarova.

JPMorgan Chase announced that they are reversing course after WePay, which is owned by the bank, refused to do business with a conservative group.