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 ...
Tag: Banks
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 startup Brex for $5.15 billion.The credit ...
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, DC, ...
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. ...
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 ...
Kevin Hassett pivots to possible ‘Trump cards’ amid credit card 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, CEO of Citi Private Bank, speaks during the Global Wealth Management Summit in New York June 17, 2014.Shannon ...
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