JPMorgan Chase

Banking

Wall Street Takes In Record Haul, Projecting US Economic Health

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Trading desks benefited from heightened stock trading around Iran War-related volatility, while mega deals fuled investment banking units.

2 min read

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Banking

Wall Street Banks Weigh Buying Card Payment Network to Escape Fee Caps

The Electronic Payments Coalition has said issuers have lost tens of billions in revenue because of the interchange fee cap.

2 min read
Photo via Yen Meng Jiin/The Business Times/Newscom

Banking

Who’s Ahead in JPMorgan’s Game of Thrones?

The race to succeeed Jamie Dimon at JPMorgan Chase has apparently narrowed to just two candidates, Doug Petno and Troy Rohrbaugh.

2 min read
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Banking

Citigroup Surges as Fraser’s Overhaul Yields 42% Profit Growth

CEO Jane Fraser, who took over in 2021, has won plaudits for executing a multi-year reordering of the bank’s sprawling global structure.

2 min read

Banking

Wall Street Predicts Record Trading Revenue amid Market Jitters

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The upbeat earnings reports Wall Street expects from the largest US banks are once again being overshadowed — this year, by the Iran War.

2 min read

Markets

BlackRock’s Writedown of Small Loan Fuels Private Credit Alarm

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BlackRock’s writedown of a $25 million loan is fueling concern that much larger defaults are lurking in private credit.

2 min read

Finance

Women Will Soon Control More Money Than Ever. Is Wall Street Ready?

Photo illustration by Connor Lin / The Daily Upside, Photo by Feedough via iStock

Women are the big winners in the great wealth transfer, and the status quo isn’t what they want from wealth managers.

4 min read

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