Tech, regulation and customer inertia have changed the rules
Fixed-income ETFs see record inflows as investors seek steady returns and hedge against a stock sell-off
JPMorgan and Wells Fargo beat forecasts as consumers prove more resilient than feared
Loan growth has been sluggish as higher interest rates have deterred borrowers
Banks unwittingly handled transactions for companies in Africa controlled by deceased Russian warlord
Lenders charged more for loans but kept interest payments to savers down, FT analysis finds
Appointment comes as industry’s working conditions come under fresh scrutiny
Discussions come as Wall Street Bank scales back its consumer ambitions, including vaunted partnership with iPhone maker
Opposition politicians riled by top government officials caught unaware of talks with Italian lender
Banking giants expect low or falling third-quarter growth
Fed vice-chair says he learnt ‘lesson of humility’ when he had to revise capital requirements plan
Largest US bank says analyst consensus on profits from lending is ‘not very reasonable’
A look at some pesky rebalancing flows
Succession planning at JPMorgan Chase offers lessons for executives hoping to land the top job
Plus, how hedge funds are fighting back against proposed SEC rules and Mars reaches a deal to buy snacks maker Kellanova
Exits of protégés have raised questions about Daniel Pinto’s future and the bank’s succession plans
JPMorgan loves to say they told you so
Carry fissure
About 50,000 staff are using a large language model designed by the bank to boost productivity
Goldman Sachs, JPMorgan Chase, Morgan Stanley, Bank of America and Citigroup reported $8.2bn in fees
Morgan Stanley, JPMorgan and Goldman Sachs set to secure top roles on fintech’s potential offering
Earnings from lending fall at JPMorgan, Citigroup and Wells Fargo in second quarter
Investment revenue is expected to rise 30% over past year as lenders report earnings this week
Top analyst leaves US bank after bearish forecasts on S&P 500
Banks said they would return excess capital to shareholders after Fed concluded they could withstand a severe downturn
