Banking and Financial Institutions – Page 108

U.S. Virgin Islands Seeks $190 Million From JPMorgan in Epstein Lawsuit

The U.S. territory wants JPMorgan to pay damages for failing to spot Jeffrey Epstein’s activities on the island.

By Matthew Goldstein

Banking and Financial Institutions Citigroup Inc Company Reports JPMorgan Chase & Company United States Economy Wells Fargo & Company

JPMorgan, Citigroup and Wells Fargo Report Better-than-Expected Profits

Three of the biggest banks in the United States made a cumulative $22.3 billion in profit last quarter, a hefty jump from the same period last year.

By Rob Copeland and Stacy Cowley

Banking and Financial Institutions Company Reports Real Estate (Commercial) Scharf, Charles W Wells Fargo & Company

Wells Fargo Beats Expectations but Sets Aside Money for Loan Losses

The U.S. economy “continues to perform better than many had expected,” said Charlie Scharf, the bank’s chief executive, but “there will likely be continued economic slowing.”

By Stacy Cowley

Banking and Financial Institutions Company Reports Dimon, James First Republic Bank Interest Rates JPMorgan Chase & Company

JPMorgan’s Profit Jumps, but Interest Rates Remain a Threat

It was another quarter of banner financial results for the largest lender in America.

By Rob Copeland

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