Alexander Saeedy

JPMorgan Chase is investigating thousands of incidents of possible check fraud committed as part of a TikTok craze and plans to share the evidence it gathers with police departments around the country. Users on the social-media platform began sharing videos that showed a so-called glitch at Chase Bank that was allowing customers to deposit big checks and withdraw funds from ATMs immediately, even if sufficient funds weren’t available. Chase, the largest consumer bank in the U.S., normally allows customers to withdraw a portion of deposited checks before the full check amount clears.

Shares in JPMorgan Chase were down sharply on Tuesday after the bank's president warned that investors were underestimating how much the bank would spend and overestimating how much it would earn in interest.

JPMorgan adds 80-hour weekly cap and Bank of America revamps timekeeping after a Wall Street Journal investigation highlighted investment banking’s work-obsessed culture.

JPMorgan adds 80-hour weekly cap and Bank of America revamps timekeeping after a Wall Street Journal investigation highlighted investment banking's work-obsessed culture.

The bank will expand branches in rural and urban neighborhoods, offering an alternative to check cashing and payday lending.

JPMorgan Chase’s earnings fell 2% in the third quarter, the bank said on Friday. Here are some high-level numbers: Profit was $12.9 billion, compared to analyst forecasts of $11.6 billion. Revenue was $42.

Jamie Dimon on Friday shared details about a new partnership between JPMorgan’s corporate bank and private-credit firms, which have been a growing source of competition to the bank in corporate finance. JPMorgan plans to originate new corporate loans then have outside private-credit funds finance t

Bank of America’s profit fell in the third quarter, weighed down by its earnings from lending. The bank's results nevertheless topped Wall Street forecasts, and its shares rose about 1.5% in morning trading. Wall Street had forecast $25.25 billion.

The drama’s Wall Street fans spot typos in spreadsheets and puzzle over a bank failure caused by “ESG” investing.

Financiers, ready for dealmaking, are no longer scared to embrace the former president.