The bank sold assets at a loss to cover withdrawals and cut 40% of its staff but remains committed to crypto.
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Federal authorities’ seizure of funds comes as the prospect of customers recovering some billions in cash and crypto ...
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The bank regulators said holding cryptocurrencies is likely inconsistent with safe banking practices.
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A tweak to Japan’s “yield curve control” interest-rate policy has lit a fire under the country’s financial stocks.
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The move caps a turbulent period for the agency and cements Democratic leadership on the bank regulator’s board.
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The move is part of a wider step back from the business in Asia and elsewhere.
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A trio of senators said an account at the bank “appears to be at the center” of the improper transfer of customer funds.
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The Federal Reserve’s new regulatory chief on Thursday signaled plans to beef up big-bank capital requirements, poten...
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U.S. banks including JPMorgan Chase and Wells Fargo are devising a plan to compensate victims of scams on the Zelle p...
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Women who accused Jeffrey Epstein of sexual abuse are saying the banks facilitated his alleged sex-trafficking operat...
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Michael Barr, the Fed’s vice chairman for supervision, plans to tell lawmakers that crypto-related activities need to...
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The nomination of the acting chairman comes during a long stretch of leadership uncertainty at the banking regulator.
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The re-emergence of the 2014 tax cheating case is the latest challenge for the Swiss lender’s new management team.
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Lending profits are under pressure at niche firms like Silicon Valley Bank and First Republic, while JPMorgan and oth...
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The city’s financial summit drew executives from Goldman Sachs and Morgan Stanley, among others, but featured little ...
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Saudi National Bank intends to bring the Swiss lender deeper into the kingdom’s financial markets after cinching a de...
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The embattled bank’s recovery plan was bolder than expected, potentially marking a line in the sand for long-sufferin...
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President says the administration is seeking to rein in billions of dollars in charges across industries including ba...
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HSBC and UBS are earning more interest income but a tighter monetary policy is also testing their different business ...
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JPMorgan Chase executive Carlos Hernandez, the leader of the bank’s investment banking staff and a member of Jamie Di...
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The central bank signals it is starting related rule-making process to ease wind down of failed regional banks
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A dealmaking drought dinged bank’s third-quarter results, sending profit down 29% from a year ago
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The nation’s biggest bank’s third-quarter profit dropped 17% as it built up its defenses for a potential recession an...
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JPMorgan, Morgan Stanley and other big banks are set to report third-quarter results on Friday.
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The bank risks getting caught in a doom loop as worries flood into a strategic vacuum while investors wait for a new ...
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The flub involved the sale of structured notes, or debt instruments linked to an underlying reference such as the S&P...
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The bank’s deal-makers can prove their worth by finding a creative way to avoid raising capital with a rock-bottom st...
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Citigroup’s Jane Fraser, JPMorgan’s Jamie Dimon and others face two days of congressional hearings starting Wednesday.
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Bailout-prevention proposals could call for firms to raise billions in debt to absorb losses.
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Federal Reserve officials have grilled the bank’s chief executive, Jane Fraser, about Citigroup’s plans to fix its ri...
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Hedge funds shouldn’t be able to keep roughly $500 million they were mistakenly paid by Citigroup on a loan owed by n...
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Remarks from Fed Vice Chairman Michael Barr suggest a more aggressive approach to overseeing Wall Street than that of...
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Federal Reserve rate increases mean consumer banks such as Marcus and Ally are paying more on savings accounts and ce...
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The bank is launching two lending pilots through a government-sponsored program that aims to expand credit in underse...
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The Federal Housing Finance Agency is eyeing a potential revamp for the Federal Home Loan Banks, a nearly $1 trillion...
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The bank’s plan comes after attempts to sell the unit were stymied by Russia’s invasion of Ukraine and subsequent san...
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Since the end of June, five of the six largest U.S. banks have outperformed the S&P 500’s 13% gain. Shares of Morgan ...
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Big banks steered clear of cryptocurrency companies, but a handful of small lenders courted the booming businesses. N...
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The cloud-communications company cut its earnings forecast by more than 60% a few weeks after borrowing $600 million ...
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