JPMorgan Chase

Dems' Dodd-Frank clash, Bank of Amazon and Fintechs to Work For: Top stories of the week

03/09/18

Democratic infighting over a bill to curb the reach of the Dodd-Frank Act dominated discussion this past week, but Amazon still made waves in its disruptor role. Also: Our 'Best Fintechs to Work For' debuted.

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Bad credit-card debt is getting cheaper, but good luck buying it

03/09/18

U.S. banks are sitting on a $1.03 trillion mountain of credit-card loans. More borrowers are starting to default. Yet lenders know they can't sell souring debt to just any collector.

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Amazon's checking account push shows next target: Swipe fees

03/09/18

With a foray into financial services, Amazon.com could disrupt the decades-old card payments system, a move that some say could save the retailer $250 million a year in swipe fees.

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Mortgage brokers are making a comeback, but big banks are staying clear

03/08/18

Tight margins, regulatory clarity and a renewed appetite to expand have made mortgage brokers and the wholesale channel attractive again, at least to the small and medium mortgage lenders.

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Wells Fargo ranks No. 1 in arranging financing for gun industry

03/07/18

Wells has helped gun and ammunition companies access $431 million in loans and bonds since the 2012 Sandy Hook shooting. Other financial firms that are active as bookrunners for gunmakers include Morgan Stanley, TD Securities, Bank of America and JPMorgan Chase.

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Amazon and JPM: It's not about banking, it's about payments

03/06/18

As with most of the company's inventions, an Amazon checking account would more deeply embed customers into an Amazon ecosystem that provides an endless flow of data and efficiencies.

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How would regulators react to Amazon-JPM checking partnership?

03/05/18

The negotiations between Amazon and big banks like JPMorgan Chase and Capital One to offer a checking-account-like product pose significant questions for regulators about the e-commerce giant pushing further into the banking space.

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Five takeaways from Amazon’s flirtation with checking

03/05/18

News that Amazon is courting banks to help it offer its own branded checking account raises major questions about which banks could be helped or hurt, who would control the relationship and how Amazon's partner(s) would make money.

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Amazon in talks with JPMorgan over checking accounts, report says

03/05/18

Amazon.com Inc. is in talks with JPMorgan Chase & Co. and Capital One Financial Corp. about offering the tech giant’s customers a product similar to a checking account.

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The banker caught up in Russia scandal, Mulvaney vs. Warren Part XIII, CU tax: Top stories of the week

03/02/18

The Russia probe puts a national spotlight on a Chicago bank exec; CFPB's Mulvaney and Sen. Warren face off (again) while a credit union CEO takes a surprising position on the industry's tax exemption.

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