JPMorgan Chase

JPMorgan Chase moves to block fintechs from screen scraping

01/02/20

The bank is leaning on its direct API relationships with the major data aggregators rather than letting third parties ask customers for usernames and passwords to access account information.

[more]

Banks under mounting pressure to increase deposits per branch

12/26/19

Low rates and spotty loan demand mean banks are having to “dig deeper” to improve efficiency and maintain profit margins.

[more]

Goldman in settlement talks with DOJ; Congress members ask JPM about equality

12/20/19

The bank could pay about $2 billion to close the 1MDB case in the U.S.; in letters lawmakers ask Dimon about policies to combat racism.

[more]

Forecast for bank stocks in 2020: Not so bad

12/19/19

The fresh optimism is starting to outweigh some of the worries hanging over the sector heading into the new year.

[more]

JPM wins a place in China; banks again warned about replacing Libor

12/19/19

The bank is the first U.S. one approved for a majority-owned securities unit in China; the FSB said banks must get serious about replacing the benchmark.

[more]

Regulators find 'shortcomings' in living wills of six large banks

12/17/19

The Federal Reserve and Federal Deposit Insurance Corp. found issues with the firms' ability to compile data on how they would be unwound during a period of financial stress.

[more]

Trade pact may give U.S. banks more freedom to operate in China

12/16/19

But some industry watchers are tempering expectations, saying that the language is too vague to know for sure if China is serious about introducing more foreign competition.

[more]

U.S. Bank, JPMorgan freed from BSA enforcement actions

12/12/19

The regulatory action from the Federal Reserve was one of two U.S. Bank received for its dealings with a payday lender who was later convicted of fraud.

[more]

Wells Fargo making progress with customers: J.D. Power

12/12/19

TD Bank claimed the top spot in J.D. Power’s national bank satisfaction survey, but Wells Fargo showed the greatest year-over-year improvement.

[more]

BofA adds to holiday cheer; AI could be a savings tool

12/12/19

The bank joins rivals in predicting a better than expected Q4; JPM exec says AI could help create products for savings.

[more]