Doug Petno, Troy Rohrbaugh and Marianne Lake are the three top contenders to succeed JPMorgan Chase CEO Jamie Dimon, according to a report.
The announcement took Piepszak out of the running in the closely-watched JPMorgan succession race. For a few years, the former firm CFO had served as co-CEO of consumer and commun
The Federal Reserve’s top financial regulator said Monday that he would resign next month, avoiding a potential confrontation with the incoming Trump administration and
The bank shut down a discussion on an internal website about a five-day return to office policy after dozens of employees criticized the move.
Scott Bessent, President-elect Trump's pick for Treasury Secretary, has pledged to ensure the dollar remains the world's reserve currency. In prepared Senate testimony Bessent emphasised the need for productive investments to usher in a "new economic golden age,
The bank’s departure from the Net Zero Banking Alliance follows the exits of five other major U.S. banks from the climate coalition in the past month.
The proposal sparked fierce opposition from the largest financial firms, including JPMorgan Chase, and was sharply criticized by Senate Republicans. During last year's presidential campaign ...
Gov. Gavin Newsom announced Saturday that five of America’s biggest financial institutions will be providing mortgage relief to residents affected by the Southern California wildfires. Newsom’s office announced that the commitments were made by Bank of America,
JD Vance will serve as Donald Trump's vice president. The two haven't always seen eye-to-eye.
There will be many moving parts for the U.S. economy and for financial markets as the second Trump administration makes its mark on regulation and trade policies. One of Trump's consistent opinions has been that a weaker dollar is good for the U.S. economy because it can boost exports.
Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the government’s most influential banking regulator.
If the Trump administration makes good on its promise to boost tariffs, which are taxes on imported goods, look for the tax to be passed on to consumers buying the products, whether they’re individuals perusing the aisles of Home Depot or construction companies purchasing supplies through wholesalers, Baker says.