It was another down year for mergers and acquisitions, but Wall Street is optimistic that the lengthy lull is coming to an end.
Category: JPMorgan Chase & Company
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Biden Administration Sues 3 Big Banks Over Zelle Fraud
Action against Bank of America, JPMorgan Chase and Wells Fargo may not survive President-elect Donald J. Trump’s return to office.
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Bank of America Flagged Suspicious Payments to Epstein Only After He Died
Congressional staff to Sen. Ron Wyden are urging that Bank of America be investigated for the way it reported payments from Leon Black to Mr. Epstein.
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Wall Street’s Titans Can’t Wait for Trump 2.0
The financial world sees plenty of opportunity in the return of President-elect Donald J. Trump. For now, Wall Streeters are looking past the risks.
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Jamie Dimon Privately Supports Kamala Harris. He Just Won’t Say So.
JPMorgan’s chief executive has told associates of his support for the vice president, and his dislike of Donald Trump. But fearful of blowback, he won’t say it publicly.
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Big Banks Open Their Books for First Test After Rate Cuts
Profits fell at JPMorgan and Wells Fargo, but the lenders reported results that were largely better than had been expected, a sign that the economy remained solid.
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Victim’s Unsealed Testimony Reveals New Details in Epstein Case
The woman testified in a now-settled lawsuit against J.P. Morgan Chase on behalf of hundreds of Jeffrey Epstein’s victims.
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Chase to Bar Customers From Using Credit Cards for ‘Pay Later’ Loans
Financial regulators and consumer advocates frown upon using credit cards to pay off installment loans because of the risk that consumers will dig themselves further into debt.
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Banks Hit With Service Glitches
Trading and some financial transactions were delayed around the world.
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JPMorgan and Wells Fargo Earnings Show Toll of Inflation
JPMorgan and Wells Fargo reported that overall deposits dropped. At Wells Fargo, a core measure of profitability sank.