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How big banks won the banking crisis

The collapse of Silicon Valley Bank and the US regional banking crisis that followed earlier this year had major economic and regulatory repercussions for lenders across the globe, some of which may be felt for years to come. But now that the more immediate threat of the crisis has dissipated, some clear winners have emerged. ....

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On Wall Street, these are unprecedented times

Bulls and bears have always engaged in battle on Wall Street. But the divide between so-called “bulls” and “bears” optimistic investors who forecast rising stock prices and pessimistic investors who expect declining stock prices is growing wider. ....

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Jeffrey Epstein lawsuit: US Virgin Islands seeks $190 million from JPMorgan Chase

The US Virgin Islands is seeking $190 million in penalties and disgorgement from JPMorgan Chase and requesting that it implement safeguards against human trafficking in its ongoing case alleging the bank benefited financially from disgraced financier Jeffrey Epstein’s sex trafficking operation and failed to report suspicious financial activity. ....

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For advising on $64 billion HDFC Bank deal, bankers get a 0.0002% fee

HDFC's all-stock merger into HDFC Bank Ltd., which created one of the most valuable banks in the world, has about 18 advisers who got credit for a fee pool of just over $1 million ....

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Billionaire James Crown dies in racetrack accident in Colorado at age 70

James Crown Death: He was also the longest-serving board member of JPMorgan Chase & Co., having been a director for the bank or its predecessor firms going back to 1991 ....

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