Zelle was launched in 2017 as an alternative to peer-to-peer payment platforms like PayPal and its subsidiary Venmo.
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Goldman’s top line metrics — profit up 22% to $3.7 billion and total revenues up 15% to $14.6 billion — also bested analysts’ expectations.
The complaint alleges Vanguard acted in bad faith by thwarting certain business deals post-acquisition.
The consensus takeaway from the earnings season so far is that the economy is, in spite of everything, doing pretty good.
JPMorgan, T. Rowe Price, and Capital Group had some of the top-performing funds of the first half of 2025, according to a recent Morningstar report.
The big US banks bested Q1 earnings expectations, and many observers expect big boosts to their Q2 trading desk revenues.
The dollar is the most important currency on earth, adding up to 57.7% of global currency reserves in the first quarter.
The bank downgraded JPMorgan, Goldman Sachs, and Bank of America, citing a classic case of macroeconomic uncertainty.
The fund enters into swap agreements with J.P. Morgan and tracks an index from MerQube.
Financial institutions are racing to get into stablecoins as the Genius Act makes its way toward POTUS Trump’s desk.
The two cards both have steep annual fees that put them in direct competition for a spot in consumers’ wallets.
The new rules are part of the Basel III reforms that were introduced in 2017 and designed in response to the 2008 financial crisis.
“Biases can significantly impact the equity of machine learning models and their decisions.”
JPMorgan CEO Jamie Dimon and BlackRock CEO Larry Fink sounded off last week about higher deficit spending in the US.
Wells Fargo shares rose over 2% early Wednesday, hitting a three-month high, after the Federal Reserve lifted its asset cap on the bank.
The major Wall Street firms plan to lay off hundreds of workers in June.