Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks at the US Chamber of Commerce in Washington, Jan. 15, 2026. Luke Johnson | Bloomberg | Getty Images JPMorgan Chase and Bank of America said Wednesday in separate announcements that the firms will match the U.S. government’s one-time $1,000 contribution to children’s retirement savings…
Citigroup on Wednesday posted fourth quarter results that topped expectations as the lender reaped more interest income and set aside less money for troubled loans than analysts had expected. Here’s what the company reported: Adjusted earnings: $1.81 a share vs. $1.67 LSEG estimate Adjusted revenue: $21.0 billion vs. expected $20.72 billion The company said net…
Brian Moynihan, Chairman and CEO of Bank of America, speaks with Economic Club of Washington Chair David Rubenstein at an event at the Ritz-Carlton on February 25, 2025 in Washington, DC. Anna Moneymaker | Getty Images Bank of America on Wednesday posted fourth-quarter earnings that topped analysts’ expectations on gains from net interest income and…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks were mostly lower Tuesday as investors digested the latest consumer inflation data , big bank earnings , and rising geopolitical tensions overseas. The financials were…
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the America Business Forum in Miami, Florida, US, on Thursday, Nov. 6, 2025. Eva Marie Uzcategui | Bloomberg | Getty Images JPMorgan Chase reported fourth-quarter earnings before the opening bell Tuesday. Here’s what the company reported compared with what Wall Street analysts surveyed by…
(L-R) Wells Fargo CEO and President Charles Scharf, Brian Bank of America Chairman and CEO Thomas Moynihan, JPMorgan Chase Chairman and CEO Jamie Dimon, Citigroup CEO Jane Fraser, State Street CEO Ronald OÕHanley, BNY Mellon CEO Robin Vince, Goldman Sachs CEO David Solomon and Morgan Stanley CEO James Gorman, testify during a Wall Street oversight…
As Wall Street’s top bankers huddled in New York last month, preparing to convince Elon Musk’s SpaceX that they should be chosen to lead its upcoming IPO, one firm wasn’t letting its star advisor miss the bake-off. Among the squad of JPMorgan Chase investment bankers flying 2,500 miles west to California to pitch SpaceX was…
Banks and financial services stocks slid Monday after U.S. President Donald Trump called for a one-year cap on credit card interest rates at 10%. Citi Group lost almost 4% in premarket trading and JPMorgan Chase was down 3%. Bank of America fell 2.45%, Visa declined 1.58%, and Mastercard was 2% in the red. Broader finance names…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The S & P 500 hit another record high on Friday as the market closed out the first full trading week of 2026. And there was…
CNBC’s Jim Cramer said Friday that investors shouldn’t read too much into uneventful unemployment data, arguing that a lack of surprises on the labor front is actually giving the market room to reveal the real story: a broad-based rally spreading well beyond last year’s winners. “When you get an employment report that’s basically uneventful, it…
