Jamie Dimon, President and CEO of JPMorgan Chase, speaking on CNBC’s “Squawk Box” at the World Economic Forum Annual Meeting in Davos, Switzerland, on Jan. 17, 2024. Adam Galici | CNBC JPMorgan Chase is scheduled to report first-quarter earnings before the opening bell Friday. Here’s what Wall Street expects: Earnings: …
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Jamie Dimon, the veteran CEO and chairman of JPMorgan …
NEW DELHI: The Reserve Bank of India on Friday kept the repo rate unchanged for the seventh consecutive time at 6.5%. This indicates that your loan EMIs are likely to remain unaffected.Additionally, RBI governor Shaktikanta Das said that SDF and MSF stands at 6.25% and 6.75%, respectively.“After a detailed assessment …
All the banks and financial institutions will remain closed from April 10 to 12 in connection with the Eid ul Fitr. In a statement, the State Bank of Pakistan (SBP) announced that the central bank will “remain closed from 10th to 12th April, 2024 (Wednesday to Friday) being public holidays …
XRP holders are facing mixed signals. While the digital asset boasts nearly 20% in gains over the past year, significantly outperforming traditional savings accounts, its recent performance pales in comparison to other cryptocurrencies. After a substantial decline, the altcoin’s price has now entered a phase of sideways consolidation, making market …
The forces that consumed three regional lenders in March 2023 have left hundreds of smaller banks wounded, as merger activity — a key potential lifeline — has slowed to a trickle. As the memory of last year’s regional banking crisis begins to fade, it’s easy to believe the industry is …
The Morgan Stanley digital sign is seen at the company’s Times Square headquarters in New York, U.S., on Friday, Jan. 12, 2016. John Taggart | Bloomberg | Getty Images Morgan Stanley promoted a tech executive in its wealth management division to become the bank’s first head of firm-wide artificial intelligence, …
MUMBAI: RBI has asked credit card issuers to set up a system that can ascertain the end use of funds to keep a check on fintechs that attempt to stretch regulatory boundaries. Banks typically pay merchants directly, while aggregators widen the scope by collecting money through cards and making payments …
Federal Reserve Chair Jerome Powell fist-bumps former Treasury Secretary Steven Mnuchin after a House Financial Services Committee hearing on “Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response” in the Rayburn House Office Building in Washington, D.C., on Dec. 2, 2020. Greg Nash | Reuters The $1 billion-plus injection …
Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress,” in the Dirksen Building on Nov. 30, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The Consumer Financial Protection Bureau unveiled …