JPMorgan Chase

Banking

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

Photo via Dickson Lee/SCMP/Newscom

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

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Banking

Wall Street Predicts Record Trading Revenue amid Market Jitters

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
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Banking

Were the Cockroaches Alone? Dimon IDs Malodorous Mammal at Economy’s Gates

Ongoing armed conflict in Ukraine and Iran, Dimon wrote, have him concerned about an economic “skunk at the party.”

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Klyaksun via iStock

Investing Strategies

How the ‘Domino Effect’ from a Wonky SEC Policy Shift May Ease Capital Gains Pain

An ETF makeover for mutual funds, enabled by the Securities and Exchange Commission, may cut taxes for millions and upend the funds biz.

5 min read

Banking

JPMorgan Puts Together a Bailout for the American Dream

Photo via Tom Williams/CQ Roll Call/Newscom

The bank says it will increase access to capital, advice and training for 10 million small businesses, up from the 7 million it serves today.

2 min read

Banking

BNY Assets Growth Strengthens Case for Market Optimism

Photo via Kris Tripplaar/Sipa USA/Newscom

BNY says it works with 92% of the Fortune 100 companies and 94% of the top 100 investment managers worldwide.

2 min read

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

Finance

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

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
Photo by Ceri Breeze via iStock

Banking

Upbeat Regional Bank Earnings Calm Fears of ‘Cockroach’ Loan Infestation

Disclosures by two regional lenders last week set off a mini-panic about bad loans on the books of small and medium cap banks.

2 min read
Photo via Kris Tripplaar/Sipa USA/Newscom

Banking

Fifth Third Targets Top 10 Bank Ranking with Comerica Takeover

The long lull in regional banking consolidation ever since Silicon Valley Bank’s collapse appears to be ending.

2 min read

Finance

New York Accuses Bank-Backed Zelle of $1 Billion Security Bungle

Photo via Rubaitul Azad

Zelle was launched in 2017 as an alternative to peer-to-peer payment platforms like PayPal and its subsidiary Venmo.

2 min read

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