Some banks explore venturing into crypto with joint stablecoin, WSJ reports By Reuters May 22, 2025 Some of the biggest U.S. banks are exploring whether to team up to issue a joint stablecoin, The Wall Street Journal reported on Thursday.
Wall Street banks prepare to sell $3B in X loans By Tatiana Bautzer and Saeed Azhar Reuters Jan 24, 2025 NEW YORK â€� Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Mu…
Wells Fargo firms, Merrill Lynch to pay $60M on SEC charges By Chris Prentice Reuters Jan 17, 2025 Merrill Lynch and two Wells Fargo advisory firms have agreed to pay a combined $60 million in civil penalties to settle Securities and Exchang…
Consumer watchdog sues big banks over 'widespread' fraud on Zelle By Manya Saini, Pete Schroeder and Niket Nishant Reuters Dec 20, 2024 The U.S. Consumer Financial Protection Bureau said on Friday it filed a lawsuit against JPMorgan Chase, Bank of America and Wells Fargo for fa…
+2 Big bank deals could be spurred by Trump administration, executives say Nov 12, 2024 By Tatiana Bautzer
Bank of America to open more than 165 new branches by end of 2026 By Saeed Azhar Reuters Sep 23, 2024 NEW YORK â€� Bank of America plans to open more than 165 U.S. branches by the end of 2026, the lender said on Monday, as it competes with JPMorg…
Buffett again sells BofA shares worth about $845M Reuters Aug 30, 2024 Billionaire Warren Buffett's Berkshire Hathaway has once again cut its stake in Bank of America with a share sale worth roughly $845 million, …
Buffett's sales of Bank of America stock top $3B By Jonathan Stempel Reuters Jul 30, 2024 Warren Buffett's Berkshire Hathaway sold more Bank of America shares, boosting sales to more than $3 billion this month, taking profits after …
US bank regulators find flaws in four big-bank living wills By Pete Schroeder Reuters Jun 21, 2024 WASHINGTON â€� U.S. bank regulators dinged Bank of America, Citigroup, Goldman Sachs and JPMorgan Chase on Friday for shortcomings in required p…