Trump calls for Congress to enact 10% credit card interest rate cap; bank stocks rise
President Donald Trump on Wednesday urged U.S. lawmakers to pass legislation to limit credit card rates to 10%, following his ...
Tag: KBW Bank Index
JPMorgan Chase is set to report fourth-quarter earnings – here’s what the Street expects
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the America Business Forum in Miami, Florida, US, on ...
Bank stocks pop after Fed releases ‘easier’ 2025 stress test, plans to make exam more predictable
Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. Patrick ...
Regional bank earnings may expose critical weaknesses, former FDIC Chair Sheila Bair warns
Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp.Their ...
Morgan Stanley and Wells Fargo are making headlines. Here’s our take on the news
Wells Fargo (WFC) had to make some tough calls to stay on course with its turnaround plan. It's one of ...
Interest rates take center stage with banks set to report quarterly results
Bank stocks remain under pressure due to high interest rates as financial firms like Club holdings Wells Fargo (WFC) and ...
Fitch warns it may be forced to downgrade dozens of banks, including JPMorgan Chase
A Fitch Ratings analyst warned that the U.S. banking industry has inched closer to another source of turbulence — the ...
