Banks wager they can fend off price controls
Mark Mason, then CEO of Citi Private Bank, speaks during the Global Wealth Management Summit in New York, June 17,…
Tag: Banks
Stocks Slide as Banks Weigh, Tech Weakness Persists | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, David Gura,…
Big banks want to freeze innovation. History says that’s a mistake
The fight over stablecoin yield is less about protecting consumers and more about protecting banking incumbents, argues Bill Hughes, Senior…
The biggest U.S. banks have something shocking to say: The economy is doing just fine
The consumer is fine, bank execs said, and talk about a ‘K-shaped’ economy — in which the rich are thriving…
JPMorgan Chase says banks could fight
JPMorgan Chase CFO Jeremy Barnum hinted Tuesday the industry could fight President Donald Trump’s demand for credit card price controls,…
Expert Flags Bail-ins, Asset Seizures and Gold Confiscation as Confidence in Banks Erodes
Precious metals analyst Lynette Zang has warned that the global financial order is shifting away from legal norms toward coercive…
Republican lawmakers break from US president on Fed chair indictment | Banks News
Former Federal Reserve chairs called the indictment an ‘unprecedented attempt’ to undermine the independence of the US central bank in…
As big banks kick off earnings season, these are the critical numbers to watch
Expectations are building for the largest U.S. banks to set higher performance targets as regulators take a lighter approach to…
Trump pushes a 1-year, 10% cap on credit card interest rates and banks balk
NEW YORK (AP) — Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest…
Trump’s Call for 10% Credit-Card Cap Aims at Banks’ Crown Jewels
President Donald Trump’s demand that credit-card lenders cap interest rates at 10% for a year takes aim at one of…