Banking

Exclusive news, analysis, and commentary of Wall Street investment banks, as well as other large commercial and regional banks.

Banking

Jamie Dimon Seems Unfazed About JPMorgan’s Tepid China Business

Photo by Edward He via Unsplash

Despite some business “falling off a cliff” the CEO said other operations “should hopefully grow over time.”

2 min read
Banking

UBS Has Left its Credit Suisse Burden Behind

Photo by Ank Kumar via CC BY-SA 4.0

Integration costs related to Credit Suisse were just over $1 billion, well below the $3.75 billion in the two previous quarters combined.

1 min read
Banking

UBS Mulls a Massive Cost-Cutting

Photo by Claudio Schwarz via Unsplash

The slow integration of Credit Suisse has only exacerbated existing problems with UBS’s asset management unit.

1 min read
Banking

Chinese Regulators See Regional Banks Headed for SVB-Style Chaos

Image Credit: Getty Images, awdebenharn.

Authorities are concerned about regional banks piling too heavily into longer-yielding government bonds in recent months.

2 min read
Banking

Goldman Sachs Leans On ‘Core Strengths’ to Crush Q1 Earnings

Photo by Maryland GovPics via CC BY 2.0

In the first three months of the year, the investment bank scored a 16% jump in revenue and $4.1 billion in net income, a 28% rise.

2 min read
Banking

Jamie Dimon Sticks to His Cautious Worldview

Photo by Steve Jurvetson via CC BY 2.0

JPMorgan’s CEO sees a lot of potential in the US economy — and plenty of obstacles to overcome.

2 min read
Banking

US Banks Push Back on High Severance Costs in Paris

Photo by Rodrigo Kugnharski on Unsplash

The Americans have warned that further inroads to France’s capital may not happen without some dismissal-pay flexibility.

2 min read
Consumer

Chase Bank Gets into the Ad Game

Photo by Jan van der Wolf via Pexels

Chase Bank announced a new advertising unit that will use customer transaction data to target them with ads.

2 min read