A lawyer for the U.S. Virgin Islands said on Thursday that JPMorgan Chase told U.S. authorities it processed more than $1 billion for Jeffrey Epstein over 16 years.
Proposed stringent rules that aim to further strengthen the banking industry's resilience are likely to put pressure on margins of banks like PNC Financial (PNC), Citizens Financial (CFG), Zions (ZION
We have narrowed our search to five U.S. corporate giants. These are: NVDA, CAT, JPM, WDAY, SHW.

New ETD And Preferred Stock IPOs, August 2023

12:08am, Thursday, 31'st Aug 2023
August saw four new preferred stock/ETD offerings with dividend yields ranging from 6.75% to 8.75%. CDx3 preferreds ranked 10 out of 10 are selling at an average discount to par of about 8.2% and offe

Seeking Stability? 3 Top-Ranked Large-Caps to Buy

06:02pm, Wednesday, 30'th Aug 2023
Large-cap stocks are always a great consideration for investors seeking a stable approach, as these companies have stood the test of time with years of successful operations.
Asset managers and hedge funds are increasingly taking different positions inside the most liquid government-securities market in the world — and the gulf has only gotten wider this month.
With an aim to further expand its presence in the lucrative Brazil market, JPMorgan (JPM) intends to raise its stake in C6 Bank to 46%, subject to regulatory approvals.

Bank ETFs Had a Downbeat August: What Lies Ahead?

09:01am, Wednesday, 30'th Aug 2023
Banking stocks had a downbeat August. While situation is still grave for regional bank ETFs, still-cheaper valuation and decent earnings for big banks are the positives.
JPMorgan Chase & Co has increased its stake in Brazilian digital bank C6 to 46% from 40%, the banks said in a statement on Tuesday, without disclosing the financial terms.
Veteran analyst Mike Mayo, a managing director at Wells Fargo, says larger banks should prepare for a "punch to the stomach" from the stricter capital requirements contained in the Basel III Endgame p

The 3 Most Promising Bank Stocks to Own Now

06:32am, Tuesday, 29'th Aug 2023
While tech juggernauts celebrated a meteoric rise in the stock market this year, the narrative wasn't quite as jubilant for financial stocks. However, amid the ebbs and flows, a few promising bank sto
A look at the Financial Select Sector SPDR Fund NYSEARCA: XLF chart, you'll see financials aren't exactly being pummeled after S&P's downgrade of five bank stocks.
JPMorgan Chase & Co. JPM, +0.07% and three other banks on Thursday won an appeal in U.S. District Court for the Southern District of New York that held that a $1.78 billion leveraged loan extended in
Goldman Sachs (NYSE:GS) Group Inc, Morgan Stanley (NYSE:MS), JPMorgan Chase & Co (NYSE:JPM) and UBS AG have agreed to pay $499 million to settle an antitrust class action by US pension funds over th
Goldman (GS), Morgan Stanley (MS), JPMorgan (JPM) and UBS Group (UBS) settle a lawsuit alleging rigging of the stock loans market and collectively agree to pay $499 million.
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