JPMorgan Chase is rolling out a new fee structure that could ‘cripple’ crypto and fintech startups, executives warn
When JPMorgan Chase told fintechs last month that it planned to charge them for accessing its customer banking…
Wall Street and FTSE slip as traders weigh up ongoing tariff turmoil and UK inflation data
The financial watchdog has fined banking giant Barclays £42m over its “poor handling” of financial crime risks. The…
Dow futures rise as S&P 500, Nasdaq lag as Wall Street juggles tariffs, earnings, and inflation
US stock futures felt the pressure on Wednesday as Wall Street scoured the latest earnings for signs that…
Rise of Zohran Mamdani has Wall Street giving up on Gotham
The NYC Partnership threw a party — but no one really showed up. A who’s who of the…
The top-rated European defence stocks as countries vow to boost spending
NATO leaders have agreed to further ramp up defence spending at a summit on Wednesday, potentially providing another…
Are Closed-Loop Financial Instruments Stablecoins’ Future?
As the world of information goes digital, the world of money is taking things a bit slower. But…
Inflation, Bank of England interest rates, Accenture, Berkeley and Whitbread
Inflation and interest rates will be in focus in the coming week, along with earnings from companies across…
BofA: The Saudis Are Readying for a Long Oil Price War
Saudi Arabia is getting ready to engage in a protracted oil price war with its rivals, Bank of…
Japan, Live Tourism, and Biz Travel
Many people plan to continue spending on travel this summer, even though some say they have concerns about…
Big Banks Eye Crypto, But Can Smaller Lenders Win Retail Wallet?
Highlights Banks are shifting into crypto as U.S. regulators and lawmakers signal that new rules are imminent. JPMorgan,…
Tariffs, uncertainty may squeeze Wall Street bonus pay
Wall Street’s dimmed hopes about the Trump administration have dashed projections for banker bonuses in 2025. Incentive compensation…
BofA’s Moynihan says ‘we potentially face a changing economy’ after stock traders post record haul
Bank of America (BAC) reported a first-quarter rise in profits and revenue driven by robust trading results, becoming…