Afterpay begins trial run of 'Money' application, to launch in October
Australian buy-now-pay-later firm Afterpay Ltd said on Tuesday it will launch a new banking application in October to attract young customers and shore up its core "buy now pay later" user base and transactions.
Morgan Stanley profits rise amid Wall Street deal boom
Morgan Stanley said Thursday that second-quarter profits rose 10% from a year earlier, thanks to a boost in fees from deal making and advising wealthy clients.
Banking industry CEO slams Washington for not considering ‘personal responsibility’ of overdraft protection
Alex Sanchez reacts to politicians in Washington blaming banks for economic consequences of overdraft fees.
Goldman weighs raising base salaries under pressure from rivals: report
Goldman Sachs is considering whether to raise salaries for junior investment bankers to compete with rivals on Wall Street, as younger staffers have complained of experiencing burnout from long hours worked during the pandemic, when financial markets were exceptionally busy.
Elizabeth Warren slams Wells Fargo over potential hit to customers' credit scores
Sen. Elizabeth Warren, D-Mass., slammed Wells Fargo on Thursday after the embattled bank disclosed that its decision to scrap personal lines of credit could impact customers’ credit scores.
SEC charges JPMorgan unit Neovest for operating as unregistered broker-dealer
The Securities and Exchange Commission said it has charged Neovest Inc., a JPMorgan Chase & Co. unit that provides an electronic-trading platform, for operating as an unregistered broker-dealer.
Goldman to open Dallas campus, second largest after NY: report
Goldman Sachs is reportedly in advanced talks to open a major campus in the Dallas, Texas, area, that is expected to be larger than all its U.S. hubs save for the Wall Street investment firm's Manhattan headquarters.
Big banks hike dividends after passing Fed's stress test
Several major American banks announced dividend boosts on Monday, days after the Federal Reserve said all big lenders passed their stress test and lifted the heightened restrictions imposed due to COVID-19.
Having trouble saving money? These strategies can help
Saving money can be difficult, especially without a solid plan. Thankfully, there are many strategies that can easily help you save more.
American Express, Morgan Stanley want staff back in NYC offices by Labor Day
CEOs of major Wall Street banks are eyeing a return to their New York City offices at the end of the summer as Gov. Andrew Cuomo eased remaining COVID-19 restrictions on Tuesday.
Wall Street workers want Florida transfers as job ‘waiting lists’ grow
Lower taxes and higher quality of life are attracting workers
JPMorgan CEO Dimon sees inflation uptick
Jamie Dimon gives his take on inflation, interest rates, and the U.S. consumer.
Crypto needs regulation, but it doesn’t need new rules
Cryptocurrency is becoming the preferred form of payment for hackers, prompting many concerns around the U.S. regulatory system and the risks between too much regulation vs. too little.
Russian banker Andrey Kostin: Biden and Putin can build a 'relationship' after Trump installed sanctions
As the news broke that cybersecurity will be a top subject of discussion in an upcoming summit between President Biden and Russian President Vladimir Putin, top St. Petersburg banker Andrey Kostin told Fox Business' “Claman Countdown” that the two men are likely to build a constructive relationship during the American president's tenure.
Some of the best places to get a personal loan
Your credit and financial situation will determine where is the best place to get a personal loan for your needs.
Ally Bank ends all overdraft fees to help 'financially vulnerable' customers
Ally Bank announced Wednesday that it will no longer charge overdraft fees on any accounts.
Biden climate policy will be 'kiss of death' for small banks, CEO says
Florida Bankers Association CEO Alex Sanchez reacts to 15 state treasurers warning climate envoy John Kerry and the Biden admin not to pressure small banks on climate impact.
Fed warned Deutsche Bank over anti-money-laundering backsliding
The Federal Reserve told Deutsche Bank AG in recent weeks that the lender is failing to address persistent shortcomings in its anti-money-laundering controls, according to people familiar with the matter.
Overdraft fees fell in the COVID-19 economy
Legislators slammed banks last week for the money they made from overdraft fees. It turns out, though, that overdraft revenue fell in 2020 for the first time in six years.
LIVE UPDATES: Wall Street CEOs testify before House Financial Services Committee
The CEOs of the largest banks in the U.S. are testifying on Capitol Hill for the second day in a row Thursday.



















