Banks

Evacuees from the Eaton fire look through boxes of clothes at a donation center in Santa Anita Park, Arcadia, California, Jan. 13, 2025.Etienne Laurent | AFP | Getty ImagesAs Los Angeles continues to battle wildfires that have destroyed…

The corporate earnings season kicks off in earnest this week, led by the six major U.S. banks. Goldman Sachs, Wells Fargo, JPMorgan Chase, Citigroup, Morgan Stanley and Bank of America are all scheduled to post fourth-quarter results.…

Ira L. Black - Corbis | Corbis News | Getty ImagesThe U.S. Small Business Administration plans to unveil new government-backed credit lines of up to $5 million for small businesses, SBA Administrator Isabel Casillas Guzman told CNBC.The…

The Federal Reserve announced Wednesday that it will lower its benchmark rate by another quarter point, or 25 basis points. This marks the third rate cut in a row — all together shaving a full percentage point off the federal funds rate…

A group of banks and business groups are suing the Federal Reserve over the annual bank stress tests.The Bank Policy Institute, which represents big banks like JPMorgan, Citigroup and Goldman Sachs, is joining the American Bankers…

Borrowers who need a mortgage because their current fixed rate deal is ending, or they are buying a home, should explore their options as soon as possible.Quick mortgage finder links with This is Money's partner L&C> Mortgage…

Images By Tang Ming Tung | Digitalvision | Getty ImagesMany people, especially those with debt, will be discouraged by the recent Federal Reserve forecast of a slower pace of interest rate cuts than previously forecast.However, others…

With recent volatility in the stock markets, Citi has told clients to " buy this dip " while analysts from Bank of America and JPMorgan have named the global stocks and sectors that they believe are trading near a bottom. BofA named a…

Alex Mashinsky used to like to tell people that “banks are not your friends”. Banks stopped caring about their depositors, he said, and haven’t innovated since the automatic teller, a line he borrowed from former Federal Reserve…

Alex Karp, CEO of Palantir arrives ahead of a "Tech For Good" meetup at Hotel Marigny in Paris on May 15, 2019, held to discuss good conduct for technology giants.Bertrand Guay | AFP | Getty ImagesPalantir CEO Alex Karp believes that the…