JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon says a so-called windfall tax on domestic banks in the UK is unfair and lacks principle. Dimon says it would raise the cost of capital and will have consequences. He speaks exclusively with Tom Mackenzie at JPMorgan's Tech Stars Conference in…
JPMorgan Chase Chairman and CEO Jamie Dimon discusses the issues behind financing the AI boom, the global bond selloff and the state of UK banks. He speaks with Tom Mackenzie at JPMorgan's Tech Stars Conference in London. (Source: Bloomberg)
Study finds consumer lending can protect commercial relationships, deposits and future growth SCOTTSDALE, Ariz., Oct. 6, 2026 /PRNewswire/ -- Community banks that treat consumer lending as a low-margin, low-priority product risk surrendering valuable customer relationships and billions in...
Sensex and Nifty extended gains for the second straight session on October 6, supported by lower crude prices, positive quarterly updates, Reliance Industries, and broad-based buying. IT and hospital stocks remained under pressure. The post Sensex, Nifty Up Today: 5 Reasons Why Market Rose For 2nd…
Kling AI, a spun-off unit of Chinese video app Kuaishou Technology, has picked banks for a Hong Kong initial public offering that could raise at least $1 billion, Bloomberg reported. Kling, which develops AI video generation models, is aiming for a listing as soon as next year. The company is ...
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Rural banks are carrying higher bad-loan ratios and weaker profitability than the broader banking sector as China restructures smaller lenders.
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The attacks were the latest to highlight the vulnerability of even hardened targets to hackers using freely available artificial-intelligence tools.
Trump-affiliated World Liberty Financial was one of the crypto firms that recently received a conditional national trust charter.
