Banks

Glimmers of hope fueled a massive rally in stocks on Tuesday.

Stock markets were up sharply Tuesday afternoon on hopes the conflict in Iran could be coming to an end.

CEO Jamie Dimon said the initiative was part of an effort to revive an American dream he views as “slipping out of reach for too many people.”

The European Commission proposes 17 laws to unite capital markets, backed by major economies.

Josh Harris says markets are experiencing the most volatility in five or 10 years, and that the Federal Reserve is in “a hard position.”

Todd Combs left Berkshire Hathaway, where he was a top investment manager and the CEO of its Geico unit, at the end of last year. He opens up for the first time about his new role at JPMorgan Chase.

The company disclosed losses of $17 million related to the collapse of two companies.

From its earliest days, critics have accused investment bankers of profiteering at the expense of ordinary people.

The brokerage firm says it expects to execute the buyback program over the next three years.

Regulators are seeking to water down requirements for capital that banks must hold on their balance sheets.

After two decades, JPMorgan Chase’s CEO says he has three or four more years on the job—or maybe more. But even he’s talking about what comes next.

The sector has taken a hit this year. Now the stocks are starting to look like bargains. We found six with strong prospects.

Bank stocks including JPMorgan and Bank of America are sliding as private-credit worries grow, but analysts say the signal isn’t pointing to a recession yet.

Nvidia’s Huang predicts $1 trillion in hardware sales, government bonds will keep selling off, Nebius strikes a second big AI deal, and more news to start your day.

Thousands of financial advisors at the Future Proof conference in Miami last week got a glimpse of how AI is changing their industry. Here’s what they saw.

The company provided new revenue guidance as part of its monthly activity report, which provides details about the new assets Schwab is bringing in.

Liz Everett Krisberg is head of Bank of America Institute and deputy director of BofA Global Research at Bank of America.

Nancy Fahmy is head of the investment solutions group at Bank of America.

Pam Habner is head of U.S. consumer cards at Citi.

Ida Liu is CEO of Private Bank at HSBC.

Racquel Oden is U.S. head of international wealth and private banking at HSBC.

Some borrowers are making interest payments with IOUs called Paid in Kind, or PIK, rather than cash.

From energy to supposed havens, Barron’s lays bare the economic fallout from the conflict through the following five charts

A utility, an energy equipment stock, and a large-cap financial feature in this week’s note.

Cheaper valuations for the sector’s shares look like an opportunity.