Watch Jamie Dimon and other financial institution CEOs get grilled by Congress in 2nd day of hearings

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The heads of seven of the most important U.S. banking institutions, such as JPMorgan Chase CEO Jamie Dimon and Citigroup’s Jane Fraser, are established to testify Thursday in advance of the Senate Committee on Banking, Housing and City Affairs.
The listening to, which is focused on field oversight, will come the day immediately after the CEOs endured additional than six hours of questioning from the House Economic Solutions Committee.

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Finance

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Morgan Stanley drops restrictions on which wealth clients can own crypto funds

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Key Points Morgan Stanley on Friday told its financial advisors that the firm was broadening access to crypto investments to all clients and allowing such investments in any type of account, including retirement accounts, CNBC has learned. Starting Oct. 15, advisors will be able to pitch crypto funds to any client. Previously, the option was […]