Hugh Son

Thousands of Americans lose their savings due to Synapse fintech crisis.

Thousands of Americans lose their savings due to Synapse fintech crisis.

Markets
The Consumer Financial Protection Bureau (CFPB) has broadened its supervision of digital payment services, encompassing platforms such as Apple Pay, Cash App, and PayPal.

The Consumer Financial Protection Bureau (CFPB) has broadened its supervision of digital payment services, encompassing platforms such as Apple Pay, Cash App, and PayPal.

Markets
Cybersecurity firm BioCatch reports a ten-fold increase in digital scams among banks, according to the company.

Cybersecurity firm BioCatch reports a ten-fold increase in digital scams among banks, according to the company.

Markets
JPMorgan initiates legal action against clients accused of misusing "infinite money glitch."

JPMorgan initiates legal action against clients accused of misusing "infinite money glitch."

Markets
Morgan Stanley enhances its Wall Street division with OpenAI-powered chatbot tools.

Morgan Stanley enhances its Wall Street division with OpenAI-powered chatbot tools.

Markets
Morgan Stanley exceeds expectations with strong wealth management, trading, and banking outcomes.

Morgan Stanley exceeds expectations with strong wealth management, trading, and banking outcomes.

Markets
Better-than-expected trading revenue leads to Bank of America surpassing estimates.

Better-than-expected trading revenue leads to Bank of America surpassing estimates.

Markets
Goldman Sachs will release its third-quarter earnings report.

Goldman Sachs will release its third-quarter earnings report.

Markets
What are the 2024 stakes for airlines, banks, EVs, and health care under Trump or Harris?

What are the 2024 stakes for airlines, banks, EVs, and health care under Trump or Harris?

Politics
Jamie Dimon warns of escalating geopolitical risks: "The situation is becoming increasingly dangerous and unstable"

Jamie Dimon warns of escalating geopolitical risks: "The situation is becoming increasingly dangerous and unstable"

Markets
JPMorgan Chase is poised to reveal its third-quarter earnings – here's what analysts anticipate.

JPMorgan Chase is poised to reveal its third-quarter earnings – here's what analysts anticipate.

Markets
Although the Fed has decided to lower interest rates, banks still face uncertainties.

Although the Fed has decided to lower interest rates, banks still face uncertainties.

Markets
The U.S. government may face legal action from JPMorgan Chase over Zelle scams.

The U.S. government may face legal action from JPMorgan Chase over Zelle scams.

Markets
The Justice Department alleges that Visa has a monopoly over its debit network, which affects the cost of "nearly everything."

The Justice Department alleges that Visa has a monopoly over its debit network, which affects the cost of "nearly everything."

Markets
American Airlines is considering partnering with Citigroup instead of Barclays for a significant credit card agreement.

American Airlines is considering partnering with Citigroup instead of Barclays for a significant credit card agreement.

Markets
JPMorgan establishes new position to manage junior bankers' workload as Wall Street grapples with workload issues.

JPMorgan establishes new position to manage junior bankers' workload as Wall Street grapples with workload issues.

Markets
JPMorgan is in discussions with Apple to assume control of the company's credit card business from Goldman Sachs.

JPMorgan is in discussions with Apple to assume control of the company's credit card business from Goldman Sachs.

Markets
The FDIC introduces a new rule requiring banks to retain fintech customer data following the Synapse scandal.

The FDIC introduces a new rule requiring banks to retain fintech customer data following the Synapse scandal.

Markets
JPMorgan Chase's net interest income guidance is tempered, resulting in a 7% decline in shares.

JPMorgan Chase's net interest income guidance is tempered, resulting in a 7% decline in shares.

Markets
The Federal Reserve announces relaxed banking regulations, benefiting Wall Street.

The Federal Reserve announces relaxed banking regulations, benefiting Wall Street.

Markets
Goldman Sachs to record a $400 million loss in the third quarter due to the unwinding of its consumer business.

Goldman Sachs to record a $400 million loss in the third quarter due to the unwinding of its consumer business.

Markets
OpenAI's ChatGPT is powering the AI assistants that JPMorgan Chase is giving its employees.

OpenAI's ChatGPT is powering the AI assistants that JPMorgan Chase is giving its employees.

Markets
Jamie Dimon predicts a potential recession in the future.

Jamie Dimon predicts a potential recession in the future.

Markets
Big bank allows wealth advisors to promote bitcoin ETFs for the first time.

Big bank allows wealth advisors to promote bitcoin ETFs for the first time.

Markets
In a short period, this AI-powered financial advisor has amassed an impressive $20 billion in assets.

In a short period, this AI-powered financial advisor has amassed an impressive $20 billion in assets.

Markets
A Silicon Valley executive warns of the dangers of cybercrime after $400,000 was stolen from her while buying a home.

A Silicon Valley executive warns of the dangers of cybercrime after $400,000 was stolen from her while buying a home.

Markets
Morgan Stanley will announce its second-quarter earnings.

Morgan Stanley will announce its second-quarter earnings.

Markets
Wall Street anticipates Bank of America's earnings report.

Wall Street anticipates Bank of America's earnings report.

Markets
Wall Street CEOs, including Dimon, express 'deeply saddened' sentiment over the violence in the Trump assassination attempt.

Wall Street CEOs, including Dimon, express 'deeply saddened' sentiment over the violence in the Trump assassination attempt.

Markets
Wall Street anticipates Goldman Sachs' second-quarter earnings report.

Wall Street anticipates Goldman Sachs' second-quarter earnings report.

Markets
Second-quarter earnings for Citigroup will soon be announced.

Second-quarter earnings for Citigroup will soon be announced.

Markets
JPMorgan Chase is poised to reveal its second-quarter earnings – here's what analysts anticipate.

JPMorgan Chase is poised to reveal its second-quarter earnings – here's what analysts anticipate.

Markets
Banks in Synapse mess are making progress toward releasing deposits of stranded fintech customers.

Banks in Synapse mess are making progress toward releasing deposits of stranded fintech customers.

Markets
Thousands of Americans were deceived by fintech's false promise and lost access to their bank accounts.

Thousands of Americans were deceived by fintech's false promise and lost access to their bank accounts.

Markets
While JPMorgan and Morgan Stanley increase their buybacks and dividends, Citigroup and BofA make more modest moves.

While JPMorgan and Morgan Stanley increase their buybacks and dividends, Citigroup and BofA make more modest moves.

Markets
JPMorgan Chase believes its stress test losses should be greater than the amount disclosed by the Fed.

JPMorgan Chase believes its stress test losses should be greater than the amount disclosed by the Fed.

Markets
The Federal Reserve reports that all 31 banks passed the annual stress test under a severe hypothetical economic downturn.

The Federal Reserve reports that all 31 banks passed the annual stress test under a severe hypothetical economic downturn.

Markets
OpenAI-powered assistants are set to take on the grunt work of Morgan Stanley wealth advisors.

OpenAI-powered assistants are set to take on the grunt work of Morgan Stanley wealth advisors.

Markets
The four major banks, namely Citigroup, JPMorgan Chase, Goldman Sachs, and Bank of America, were criticized by regulators for their living will plans.

The four major banks, namely Citigroup, JPMorgan Chase, Goldman Sachs, and Bank of America, were criticized by regulators for their living will plans.

Markets
Synapse bank collapse resulted in the disappearance of nearly $109 million in deposits held by Yotta's customers, according to the bank.

Synapse bank collapse resulted in the disappearance of nearly $109 million in deposits held by Yotta's customers, according to the bank.

Markets
Powell should heed Warren's warning against weakening banking regulations: 'Do your job'

Powell should heed Warren's warning against weakening banking regulations: 'Do your job'

Markets