Wall Street braced for a private credit meltdown. The risk of one is rising
The sudden collapse last fall of a string of American companies backed by private credit has thrust a fast-growing and...
Banks
Sen. Warren blasts CFPB director for undermining Trump's credit card affordability push
U.S. Senator Elizabeth Warren (D-MA) and Director of the United States Office of Management and Budget, Russell Vought.Kevin Mohatt |...
Capital One is buying startup Brex for $5.15 billion in credit card firm's latest deal
Brex co-founders Pedro Franceschi and Henrique Dubugras.BrexCapital One said Thursday that it was acquiring payments startup Brex for $5.15 billion,...
Nvidia's Huang says AI boom will create 'six-figure salaries' for those building chip factories
Female Engineer Inspecting Control Panel and Taking Notes for Safety and Maintenance at Power StationSerts | E+ | Getty ImagesNvidia...
Jamie Dimon issues rare CEO criticism of Trump's immigration policy: 'I don’t like what I’m seeing'
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the 2025 IIF annual membership meeting in Washington, Oct....
Trump calls for Congress to enact 10% credit card interest rate cap; bank stocks rise
President Donald Trump on Wednesday urged U.S. lawmakers to pass legislation to limit credit card rates to 10%, following his...
Jamie Dimon says U.S. should impose Trump's credit card rate cap in Vermont and Massachusetts
Jamie Dimon, CEO of JPMorgan Chase, speaks at the American Business Forum at the Kaseya Center in Miami on Nov....
Scott Bessent says U.S. is unconcerned by Treasury sell-off over Greenland, calls Denmark ‘irrelevant’
"Denmark's investment in U.S. Treasury bonds, like Denmark itself, is irrelevant," U.S. Treasury Secretary Scott Bessent told reporters at Davos...
Novartis could have a U.S. deal that shields it from tariffs, CEO tells CNBC
Swiss pharmaceutical giant Novartis' CEO has said he "thinks" the company has an agreement with the U.S. to shield it...
Trump threatens to sue JPMorgan Chase for 'debanking' him
Jamie Dimon, Chairman and CEO, JPMorganChase, speaks during the Reagan National Defense Forum at the Ronald Reagan Presidential Library in...
Hassett pivots to possible 'Trump cards' amid credit card interest rate battle with banks
Kevin Hassett, director of the National Economic Council, speaks to members of the media outside the White House in Washington,...
Morgan Stanley tops estimates driven by wealth management
People walk past Morgan Stanley global headquarters in Manhattan on March 20, 2025 in New York City. Spencer Platt | Getty...
Goldman Sachs is about to report fourth-quarter earnings — here's what the Street expects
Goldman Sachs CEO David Solomon speaks during an interview at the Economic Club of Washington in Washington, D.C., U.S., Oct....
Under threat from Trump, Wall Street banks wager they can fend off credit card price controls
Mark Mason, then CEO of Citi Private Bank, speaks during the Global Wealth Management Summit in New York, June 17,...
Citigroup tops estimates on stronger net interest income, smaller loan loss provision
Citigroup on Wednesday posted fourth-quarter results that topped expectations as the lender reaped more interest income and set aside less...
Sen. Warren says Trump called her to work on credit card interest rate caps
President Donald Trump called Sen. Elizabeth Warren, D-Mass., on Monday to work together on capping interest rates on credit cards."He...
Bank of America tops estimates on better-than-expected net interest income
Brian Moynihan, Chairman and CEO of Bank of America, speaks with Economic Club of Washington Chair David Rubenstein at an...
JPMorgan is lower after better-than-expected results. Is it a buying opportunity?
JPMorgan Chase shares were under pressure Tuesday despite a strong quarter , and Wall Street analysts largely framed the pullback...
JPMorgan Chase says banks could fight Trump credit card rate cap: 'Everything's on the table'
JPMorgan Chase CFO Jeremy Barnum hinted Tuesday the industry could fight President Donald Trump's demand for credit card price controls,...
BNY raises profit target as CEO Robin Vince says 'turnaround' is taking hold
Robin Vince President & CEO BNY Mellon, speaking on CNBC's Squawk Box at the WEF Annual Meeting in Davos, Switzerland on...
