Finance
U.S. regulators toss out rules requiring banks to prepare for climate change
Michelle Bowman, vice chair for supervision at the US Federal Reserve, during the Federal Reserve Board Community Bank Conference in...
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Big banks like JPMorgan Chase and Goldman Sachs are already using AI to hire fewer people
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at the Institute of International Finance (IIF) during the annual...
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CEOs of Wells Fargo and Pfizer caution the U.S. could lose its edge to China without innovation
Albert Bourla, CEO of Pfizer, Charlie Scharf, Wells Fargo & Company CEO and Kathy Warden, Northrop Grumman Chair & CEO...
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Bank of America tops estimates on 43% surge in investment banking revenue
Brian Moynihan, CEO of Bank of America, leaves the U.S. Capitol after a meeting with Republican members of the Senate...
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Citi reports a rise in earnings with every business posting record third-quarter revenue
Citi is seen on the floor of the New York Stock Exchange on March 3, 2025. NYSECitigroup posted stronger-than-expected third-quarter earnings...
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JPMorgan Chase tops estimates as trading revenue hits a record of nearly $9 billion
JPMorgan Chase on Tuesday topped analysts' estimates for the third quarter as trading and investment banking generated about $700 million...
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Goldman Sachs agrees to acquire $7 billion VC firm Industry Ventures
David Solomon, chief executive officer of Goldman Sachs Group Inc., during an interview for an episode of "The David Rubenstein...
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JPMorgan Chase says it will invest $10 billion into industries critical for national security
JPMorgan Chase on Monday said it is launching a decade-long plan to help finance and take direct stakes in companies...
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Bitcoin rises as investors seek a global safe haven amid shutdown
Bitcoin ticked higher on Wednesday while most other risk assets fell after U.S. lawmakers failed to reach a government funding...
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Fed Governor Waller sees more rate cuts but says central bank needs to be ‘cautious about it’
Federal Reserve Governor Christopher Waller said Friday that he continues to support lowering interest rates but said the central bank...
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