Financials

The Federal Reserve and Office of the Comptroller of the Currency said that the bank required “comprehensive corrective actions” and must overhaul its risk management, data governance and internal controls across the company.

The Fed is keeping a lid on bank dividend hikes and stock buybacks.

JPMorgan will pay $436.4 million in fines, $311.7 million in restitution and more than $172 million in disgorgement, the Commodity Futures Trading Commission (CFTC) said on Tuesday, the biggest-ever settlement imposed by the derivatives regulator.

Shanghai overtook Tokyo to take third place, with Hong Kong and Singapore in fifth and sixth places

New money arrangement is separate from $1.5 billion bankruptcy loan

As a result of Britain's exit from the European Union (EU), JPMorgan Chase & Co. is moving around 200 billion euros of assets -- or around $230 billion -- from the United Kingdom (UK) to Germany.

Fundraising underscores investor appetite to back Robinhood

A U.S. bank regulator announced Monday it had fined three former executives at Wells Fargo Bank for their roles in the company's sales practices scandal.

The owner of bankrupt New York Sports Clubs and Lucille Roberts gyms is preparing to sell to lenders that have conceded to supply the financial backing necessary to keep the fitness chains functioning.

BlackRock may only see 60% to 70% of workers return to the office, CEO Larry Fink said.

The coronavirus pandemic is forcing the wine industry to alter their business models and disrupt a 150-year-old supply chain.

Bank deals won't pick up until 2021, according to Citizens Bank CEO Bruce Van Saun.

JPMorgan Chase & Co Chief Executive Jamie Dimon said the economic recovery from the coronavirus recession could be derailed by a lack of additional economic stimulus, the election, and a second wave of infections.

A group of stock exchanges and trading platforms contend that millions of Americans who invest in financial markets to save for retirement would be hurt by a potential new tax in New Jersey to be levied on financial transactions.

The U.S. Department of the Treasury’s Office of Foreign Assets Control announced two settlements totaling $583,100 with Deutsche Bank Trust Company

Goldman will be a joint lead manager on the Hong Kong leg of the IPO

GiveSendGo has raised more than $380,000 for the teen

Brokers at UBS are under the impression they won’t have to return to work until April 2021, while Morgan Stanley, Goldman Sachs and the nation’s largest bank JPMorgan, are alerting roughly half their workforces that they may not be coming back to their Manhattan offices until possibly well into next year. 

The Cash App has become a boon for Square Inc. during the course of the coronavirus pandemic, rallying shares 28% in the past month and 166% since the beginning of the year. 

Watchdog group questions $521.6 million in overtime costs incurred during fiscal 2019.