Financials

JPMorgan Chase & Co. has agreed to pay $264 million to resolve allegations that it hired the relatives of Chinese officials in order to win banking deals, the U.S. Securities and Exchange Commission said in a statement on Thursday.

Dimon has steered his bank through turbulent times but does he really want to be Trump's economic king pin?

Dimon has steered his bank through turbulent times but does he really want to be Trump's economic king pin?

Minneapolis Federal Reserve President Neel Kashkari unveiled a plan on Wednesday to prevent future government bailouts by forcing the largest U.S. banks to hold so much capital that they would probably decide to break themselves up.

Minneapolis Federal Reserve President Neel Kashkari unveiled a plan on Wednesday to prevent future government bailouts by forcing the largest U.S. banks to hold so much capital that they would probably decide to break themselves up.

U.S. officials are striving to put finishing touches on a slew of banking rules before President Barack Obama leaves office and hands regulatory power to Donald Trump who has vowed to rewrite the existing financial rule book.

U.S. officials are striving to put finishing touches on a slew of banking rules before President Barack Obama leaves office and hands regulatory power to Donald Trump who has vowed to rewrite the existing financial rule book.

Donald Trump's transition team is lowering expectations for a complete repeal of the Dodd-Frank financial regulatory overhaul.

Donald Trump's transition team is lowering expectations for a complete repeal of the Dodd-Frank financial regulatory overhaul.

Bank stocks have already seen big gains since Donald Trump’s election victory, but that may be just a small sign of what is to come for banks under a Trump administration, said Rafferty Capital Markets Banking Analyst Dick Bove.

Bank stocks have already seen big gains since Donald Trump’s election victory, but that may be just a small sign of what is to come for banks under a Trump administration, said Rafferty Capital Markets Banking Analyst Dick Bove.

Federal Reserve Vice Chairman Stanley Fischer on Friday suggested the central bank is getting closer to raising interest rates again, though he stopped short of saying when the next move might occur.

Federal Reserve Vice Chairman Stanley Fischer on Friday suggested the central bank is getting closer to raising interest rates again, though he stopped short of saying when the next move might occur.

President-elect Donald Trump's advisers are considering JPMorgan Chase & Co Chief Executive Jamie Dimon for the post of Treasury Secretary, CNBC reported on Thursday, citing two people familiar with the matter.

President-elect Donald Trump's advisers are considering JPMorgan Chase & Co Chief Executive Jamie Dimon for the post of Treasury Secretary, CNBC reported on Thursday, citing two people familiar with the matter.

The billionaire is putting out the cabinet calls should he win the White House.

The billionaire is putting out the cabinet calls should he win the White House.

The Securities and Exchange Commission is probing whether Wells Fargo & Co. violated rules around investor disclosures and other matters relating to its recent sales tactics scandal, people familiar with the matter said.

The Securities and Exchange Commission is probing whether Wells Fargo & Co. violated rules around investor disclosures and other matters relating to its recent sales tactics scandal, people familiar with the matter said.

ETF investors are one step ahead of the Fed when it comes to preparing for a rate hike.