News Topic: JPMorgan Chase

Cracks may be visible in U.S. leveraged loans, but investor concerns about credit are "somewhat overblown," according to JPMorgan Chase. ... Read full article

If the predictions prove correct, the benchmark rate would reach 3.50% by the end of next year. ... Read full article

Chase is planning to enable users of the Chase Pay app to receive and redeem custom offers from merchants, in addition to the ability to find offers from more than 150 merchants through the Chase Mobile app. ... Read full article

The German lender was a correspondent bank for the Tallinn, Estonia, branch of Danske Bank that is the focus of multiple international investigations. ... Read full article

The Justice Department is seeking information about potential transactions the banks may have handled for a small Danske branch in Estonia that’s at the center of one of the biggest money-laundering investigations in history, according to two people ... Read full article

Berkshire Hathaway plowed $13 billion into bank stocks in the third quarter that included new investments in JPMorgan and PNC and additional investments in Bank of America and Goldman Sachs. ... Read full article

While JPM won't by the first to offer tap to pay, others may follow; cryptocurrency drops to lowest level of the year. ... Read full article

One of the world's biggest banks wants to boost profits by cutting out voice brokers acting as middlemen in the largest derivatives market. ... Read full article

JPMorgan Chase and Wells Fargo detailed aggressive marketing plans, defended their credit judgments and downplayed the threat of a retailer revolt over high fees on rewards cards. ... Read full article

The New York-based online lender plans to spend an additional $15 million next year, largely on bank partnerships and international expansion. ... Read full article

Information about new account holders pulled from Bank of America, JPMorgan Chase, U.S. Bank, and Wells Fargo contradicts the notion that the previously unbanked turn into costlier customers. ... Read full article

Barclays’ common equity tier 1 ratio is the lowest among those banks tested; the $30 million investment is the bank’s first foreign effort in its “Advancing Cities” program. ... Read full article

Following is a list of the banks that made Vade Secure's top 10 phishing list in the third quarter, along with insights into how lenders can protect themselves. ... Read full article

Under the Obama administration, the OCC quietly prevented JPMorgan Chase from opening branches in new states as punishment for violating banking rules, according to sources. ... Read full article

The result could play a big role in whether banks see more regulatory relief next year or policymakers can coalesce around a housing finance reform plan. ... Read full article

Kelly Coffey, who was recognized as one of American Banker's most powerful women in 2018, will succeed Russell Goldsmith as CEO of City National, a Los Angeles-based unit of Royal Bank of Canada, on Feb. 1. ... Read full article

Plaid will be able to access the bank’s customer information through a secure API. JPMorgan has similar agreements with three other fintechs. ... Read full article

The $380-billion asset company will soon join the parade of big banks and tech companies that are migrating online to meet the demands of business owners. ... Read full article