Banks
‘All roads lead to higher prices and slower growth,’ warns IMF chief as Iran war hits global economy
Kristalina Georgieva, managing director of the International Monetary Fund (IMF), in Davos, Switzerland, on Monday, Jan. 19, 2026. Bloomberg | Bloomberg | Getty Images Higher inflation and weaker growth ahead are inevitable for the global economy as a consequence of the Iran war, the head of the International Monetary Fund warned on Monday as the […]
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JPMorgan CEO Jamie Dimon in annual letter cites risks in geopolitics, AI and private markets
Jamie Dimon, Chairman and CEO, JPMorganChase, speaks during the Reagan National Defense Forum at the Ronald Reagan Presidential Library in Simi Valley, California, U.S. December 6, 2025. Jonathan Alcorn | Reuters JPMorgan Chase CEO Jamie Dimon is calling for a broad recommitment to American ideals as his bank navigates geopolitical uncertainty, a teetering economy and […]
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Visa launches new AI tools to manage the charge dispute process
Key Points Visa launched six new artificial intelligence tools to help entities involved in the payments process manage charge disputes, the company told CNBC exclusively. Visa said it processed more than 103 million disputes globally in 2025, marking a 35% increase since 2019. It’s the latest example of major financial institutions introducing AI. Source
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France detains two more suspects over foiled Paris Bank of America attack
Police officials stand alongside police and private security vehicles outside The Bank of America building in the 8th arrondissement of Paris on March 28, 2026, following an apparent bomb attack attempt. French police stopped an apparent bomb attack outside a U.S. bank in Paris early March 28, 2026, when they arrested a man about to […]
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France opens terror probe after attack attempt at Bank of America’s Paris headquarters
Police officials stand alongside police and private security vehicles outside The Bank of America building in the 8th arrondissement of Paris on March 28, 2026, following an apparent bomb attack attempt. French police stopped an apparent bomb attack outside a U.S. bank in Paris early March 28, 2026, when they arrested a man about to […]
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Epstein victims to get $72.5M from Bank of America settlement
A Bank of America branch in New York, US, on Saturday, Oct. 11, 2025. Michael Nagle | Bloomberg | Getty Images Bank of America has agreed to pay victims of notorious sex offender Jeffrey Epstein $72.5 million to settle a class action lawsuit alleging that the bank facilitated his sex trafficking operation, a New York […]
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Private credit cracks open door for Wall Street banks’ comeback: ‘The tug of war is just starting’
Wall Street, Manhattan, New York. Andrey Denisyuk | Moment | Getty Images Wall Street banks may finally be getting a long-awaited opening to claw back market share from private credit lenders. After a decade in which private credit lenders grew rapidly and took over a large share of financing for leveraged buyouts, signs of strain […]
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Dimon warns on AI job losses, calls for government-business incentives
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., departs the US Capitol in Washington, DC, US, on Wednesday, Feb. 25, 2026. Graeme Sloan | Bloomberg | Getty Images JPMorgan Chase CEO Jamie Dimon warned that artificial intelligence could cost the U.S. jobs, and suggested the government could create an incentive system for businesses […]
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Jamie Dimon says Iran war makes Middle East peace prospects better in the long term
Key Points JPMorgan Chase CEO Jamie Dimon said the Iran war is risky in the short run but could improve the odds of a lasting Middle East peace. Dimon tied the peace calculus directly to economics, arguing that foreign direct investment flowing into the region will stall without stability. Speaking with Palantir executive Mike Gallagher […]
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