Some of the nation's banks like JPMorgan Chase and Bank of America are privately complaining that Apple Pay may not be so great after all.» Read More
CNBC's John Carney reports on how JPMorgan's Jamie Dimon is responding to the Op-Ed piece by a former Goldman Sachs executive, and also what's happening within Goldman Sachs.
Greg Smith lobbed a verbal Molotov cocktail in The New York Times against his former firm, Goldman Sachs, and reaction to his resignation might lead you to believe a lot of people inside the firm agree with his negative assessment of CEO Lloyd Blankfein. Mmmmm...not so fast
A look back at the banking environment during the collapse of Bear Stearns, with Alan Schwartz, former Bear Stearns CEO/Guggenheim Partners executive chairman, who says institutions need to be more careful on how they define leveraging. Schwartz also says while there are some good things about regulation, they are over complicating.
Gerard Cassidy, RBC Capital Markets, discusses JPM's earnings strength; his "outperform" rating on the bank, and how the stock will grow from commercial banking.
Warren Buffett appeared live on CNBC's Squawk Box this morning, February 27, 2012, for his annual "Ask Warren" three-hour marathon. This is the last part of a transcript of his comments.
Warren Buffett appeared live on CNBC's Squawk Box this morning, February 27, 2012, for his annual "Ask Warren" three-hour marathon. This is part seven of a transcript of his comments.
Warren Buffett appeared live on CNBC's Squawk Box this morning, February 27, 2012, for his annual "Ask Warren" three-hour marathon. This is part six of a transcript of his comments.
Former FDIC Chair Sheila Bair said Thursday she believed Europe was heading into a recession, but she sounded confident about U.S. banks.
The hottest ticket around at the World Economic Forum is to the Accel Partners Cocktail party tonight at the Kirchner Museum in Davos. Accel – the VC firm behind Facebook. The elite of the elite come to mingle, network, swap ideas and stories.
The impact of a Greek default on American banks would be negligible, JP Morgan Chase CEO Jamie Dimon told CNBC on Thursday, and while there are chances of a bad outcome in Europe, he is not concerned about unpleasant surprises in the region.
James Dimon, chairman, president & CEO, JPMorgan Chase, discusses the world economy, muddling through in Europe, and the President's prerogative when it comes to naming a successor for Treasury Secretary Timothy Geithner. Bernanke, he says, has been an outstanding Fed chief.
The international bank capital regulations known as Basel III may be weakening the financial system by promoting herd-like behavior by the banks. This effect was confirmed by Jamie Dimon, the chief executive and chairman of JPMorgan Chase.
JPMorgan Chase reported solid loan growth in the fourth quarter, driven by a jump in business lending. But there's one area where the bank is still not seeing any pickup in lending — mortgages.
Regulatory policies are badly undermining the economic objectives of governments around the globe by hampering bank activity, JPMorgan Chase chief executive Jamie Dimon said in a conference call discussing fourth quarter earnings Friday morning.
The U.S. is in a "mild recovery" that is "broad and strengthening," JPMorgan Chase CEO Jamie Morgan told CNBC Monday.
The new head of the Consumer Financial Protection Bureau said he is working with bankers — including critic Jamie Dimon — to level the playing field between the banks and the unregulated brokers in the wake of the subprime mortgage crisis.
The other day, Max Ableson accomplished an excellent feat of "George Gurley-ism." That's the term, named for legendary character assassin/reporter George Gurley, for letting the subjects of a story massacre themselves with their own words. Ableson's targets were wealthy financial elites who whined about feeling victimized by public outrage over their privileged status.
The news the Federal Reserve will be publishing the results of its latest stress test next year has sent a ripple of fear through the investing community.
Some of the biggest names in the financial world are gathered for a conference in New York. This hour's headline speaker is JP Morgan's CEO Jamie Dimon, with CNBC's Mary Thompson.
Two big CEOs step down, a political crisis emerges in China and the euro survives.