Financials

JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon is creating solutions he hopes will help minority and low-income youth out of poverty.

J.P. Morgan doesn’t plan on jumping in the ring to buy Worldpay, the British payments processor that accepted a $10 billion offer from U.S. rival Vantiv.

Vantiv Inc., a major U.S. credit-card processor, has made an offer valuing U.K. payments group Worldpay Group Inc. at $10 billon, potentially beating out rival bidder J.P. Morgan Chase & Co.  Worldpay said in a statement Wednesday that it had agreed a deal in principle with Vantiv.

Vantiv Inc., a major U.S. credit-card processor, has made an offer valuing U.K. payments group Worldpay Group Inc. at $10 billon, potentially beating out rival bidder J.P. Morgan Chase & Co.  Worldpay said in a statement Wednesday that it had agreed a deal in principle with Vantiv.

J.P. Morgan Chase made a preliminary approach to acquire U.K. payments business Worldpay Group, potentially marking one of the biggest deals for a U.S. bank since the financial crisis.

The decline in correspondent banking, a crucial channel for moving cash from one country to another, shows no sign of slowing despite measures agreed in 2015 to stem the slide, global regulators said on Tuesday.

The Dow hit a record high in late morning trading, as stocks rallied to kick off the third quarter.

The Dow hit a record high in late morning trading, as stocks rallied to kick off the third quarter.

Deutsche Bank's external counsel in Washington, D.C. rejected on Thursday demands by U.S. House Democrats to provide details of President Donald Trump's finances, citing privacy laws.

The Federal Reserve wants the bank to resubmit its capital plan.

Warren Buffett's Berkshire Hathaway may be on the verge of becoming Bank of America's largest shareholder, after the bank raised its dividend in the wake of a positive assessment of its ability to handle market stresses.

The Federal Reserve has approved plans from the 34 largest U.S. banks to use extra capital for stock buybacks, dividends and other purposes beyond a cushion against possible catastrophe.

The Federal Reserve has approved plans from the 34 largest U.S. banks to use extra capital for stock buybacks, dividends and other purposes beyond a cushion against possible catastrophe.

The U.S. Federal Reserve announced all 34 of the country’s biggest banks passed the second round of its annual stress test, determining they are strong enough to withstand a major economic downturn.

The financial sector led a rally in U.S. stocks amid expectations that the Fed will approve dividends and buybacks.

The financial sector led a rally in U.S. stocks amid expectations that the Fed will approve dividends and buybacks.

Warren Buffett's firm may soon become the biggest shareholder in Bank of America Corp.

JPMorgan Chase is shifting control of heating, air-conditioning and lighting in 4,500 of its branches to an operations center hosted in the internet cloud.

JPMorgan Chase is shifting control of heating, air-conditioning and lighting in 4,500 of its branches to an operations center hosted in the internet cloud.

Thirty-four of the biggest U.S. banks have the financial strength to survive the next global recession, the Federal Reserve said on Thursday.