Alexander Saeedy

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.

A rule change would take effect in October 2025 if it isn’t overturned or altered.

Many on Wall Street see Adderall and Vyvanse as tools to plow through long hours of tedious work amid high-pressure competition.