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The US bank is reaping the benefits of higher interest rates and is well positioned for tougher capital requirements
And more on excess savings
Jamie Dimon warns competition will intensify after JPMorgan, Wells Fargo and Citi report $49bn in net interest income
Customers pulled almost $100bn from ‘Big Four’ retail lenders in first quarter, according to analysts’ forecasts
Banks got mauled
Difficulties at Silicon Valley Bank spark biggest one-day sell-off since early months of pandemic
Goldman Sachs and Bank of America chiefs say corporate America holding up better than forecast
The pullback could also help to appease regulators
Wall St’s biggest lenders generate interest income for final quarter of 2022 of almost $60bn
Lender to compensate borrowers for illegal activity across some of its mortgage, car and consumer product lines
Wall St is charging more for loans but setting aside money for a possible downturn
Profits fall more than 30% in third quarter as US lender braces for economic downturn
Handling money for the masses remains a bright spot for the biggest groups
Wall Street will signal its concerns about the US economy in Q3 earnings this week
Federal Reserve will publish results of annual stress tests on 34 financial institutions this week
Berkshire Hathaway boss seems to have far less in common with his new bank investment
Deal valuing Talos at $1.25bn comes as price of digital assets such as bitcoin tumbles
Retail-focused Wells Fargo could end up featuring as the surprise winner
World’s largest lenders provided only slightly less financing last year than in 2020, analysis shows
Shares of Wall Street lender drop despite record $48.3bn annual profit
The two banks will cut out CLS from dollar, euro and sterling transactions
Extent of the fallout has caused surprise but there is optimism for a return to normal in a few months
Penalty is latest since fake-account scandal was uncovered at US bank
JPMorgan and Wells Fargo executives point to jump in credit and debit card purchases
Local lenders played an outsized role in dispensing loans to small businesses but must continue to adapt as banking moves online
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