US banking

Large US banks can weather hypothetical downturn, several raise dividends: Fed

The New York-based bank would consolidate several businesses that have been growing in different parts of Dallas into a 709,000-sq-ft skyscraper at 2401 McKinney Avenue, according to documents.

Morgan Stanley plans US$1.3 billion tower for Dallas expansion

Business loan demand from large and medium-sized firms in the fourth quarter was the strongest it has been since the second quarter of 2022, the Fed’s survey found.

US banks expect stronger loan demand in 2026: Fed survey

JPMorgan Chase, Citigroup, Wells Fargo and Bank of America lowered their prime lending rates to 7.25 per cent from 7.50 per cent following the Fed’s first cut, by 25 basis points, since December.

Big US banks lower prime lending rates after Fed rate cut

JPMorgan Chase has recently added several senior bankers in technology, energy and activism defence and hired more than 300 bankers between January and April across its global banking unit.

Wall Street hires more senior bankers as growing confidence spurs deal rebound

“We don’t close accounts for political reasons, and we agree with President Trump that regulatory change is desperately needed,” JPMorgan said.

Trump says banks discriminate against his supporters

The Trump administration is pursuing a broad reform agenda aimed at modifying rules governing financial institutions.

White House readies order to fine banks for dropping clients over politics: WSJ

JPMorgan Chase, Citigroup and Wells Fargo are set to kick off second-quarter earnings on Jul 15.

US bank profits to climb on stronger trading, investment banking

JPMorgan Chase, the nation’s largest bank, raised its dividend to US$1.50 a share from US$1.40 and also announced a new US$50 billion share repurchase programme.

Biggest US banks hike dividends, announce share buybacks after acing stress tests