Articles by Hugh Son
JPMorgan Chase on Wednesday unveiled a new $50 billion share repurchase program and raised its quarterly dividend after the Federal Reserve found the industry remained well capitalized under its annuοΏ½...
The biggest U.S. banks would be able to absorb more than $708 billion in losses in a severe global recession while continuing to lend to households and businesses, according to the Federal Reserve's οΏ½...
Anthropic said Monday it is partnering with private equity giants Goldman Sachs and Blackstone to launch a $1.5 billion firm aimed at speeding the adoption of artificial intelligence across hundreds οΏ½...
Sam Sidhu, CEO of Customers Bank.
Nearly half an hour into a conference call on Friday to discuss first-quarter results with analysts, Customers Bank CEO Sam Sidhu revealed something unusual up untiοΏ½...
David Solomon, CEO Goldman Sachs, speaking on CNBC's Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2026.
When Goldman Sachs executives were asked about disappointing reοΏ½...
American Express is finding that even for a provider of credit cards to the affluent, it pays to focus on the highest of high rollers.
The company recently shifted marketing dollars to its refreshedοΏ½...
JPMorgan Chase CEO Jamie Dimon on Wednesday advocated for a test of President Donald Trump's proposed 10% cap on credit card interest rates in two U.S. states: Vermont and Massachusetts.
Dimon, speaοΏ½...
Citigroup on Wednesday posted fourth-quarter results that topped expectations as the lender reaped more interest income and set aside less money for troubled loans than analysts had expected.
Here'οΏ½...
JPMorgan Chase CFO Jeremy Barnum hinted Tuesday the industry could fight President Donald Trump'sdemand for credit card price controls, saying "everything's on the table."
"If you wind up with weakοΏ½...
Regional bank Fifth Third on Tuesday announced a deal making fintech firm Brex the provider of its commercial cards and expense management tools for business clients.
The program will run on Brex'sοΏ½...
