The largest banks, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported bumper profits on Wednesday.
Category: Banking and Financial Institutions
Banks Are Racking Up Wins Even Before Trump Is Back in White House
Lobbying by banks helped torpedo a major proposal, and a top regulator announced this week that he would step down from a leadership role.
Wall St. Is Minting Easy Money From Risky Loans. What Could Go Wrong?
Everyone from Jamie Dimon to the International Monetary Fund is ringing alarms about the shadowy world of private credit. But the money keeps rolling in.
Trump’s Plans to Scrap Climate Policies Has Unnerved Green Energy Investors
President-elect Donald J. Trump is expected to roll back many of the rules and subsidies that have attracted billions of dollars from the private sector to renewable energy and electric vehicles.
The Economy Is Finally Stable. Will That Change With Trump?
President-elect Donald J. Trump’s proposals on tariffs, immigration, taxes and deregulation may have far-reaching and contradictory effects, adding uncertainty to forecasts.
Jerome Powell and the Fed Head for Another Collision with Trump
Rates may not come down as much or as quickly as had been expected, just as Trump — a self-declared “low-rate guy” — returns to the White House.
How Crypto Insiders Turned ‘Debanking’ Into a Political Storm
Concerns that crypto companies are being purposely cut off from the global banking system have become a political cudgel at an opportune moment for the industry.
Scott Bessent Helped ‘Break’ the Bank of England. Now He’ll Run the U.S. Treasury.
Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad understanding of financial markets.
Mortgage Rates Fell, Then Rose. What Comes Next?
Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.
Trump’s Newest Economic Sherpas Are Not Like His Old Ones
A little-known investment banker, a former hedge fund star and an acolyte of George Soros have the president-elect’s ear.