News

Big banks push for simpler mortgage rules as housing market slows
Big banks are urging the Trump administration to simplify regulations relating to mortgage loan origination, servicing, and ...
National Mortgage News2d
Bank CEOs hope lax regulations boost their mortgage business
Banks ceded their market share of home finance following the Great Recession. Will the current regulatory environment make ...
Companies Will Hit Pause Button Because of Tariffs, Wells Fargo CFO Says
Wells Fargo Chief Financial Officer Michael Santomassimo said he expects there will be "a whole series of customers" who will pause investments at least temporarily because of uncertainty. "I think a ...
The Mirror US on MSN7d
Major changes coming to over 4,000 Wells Fargo locations nationwide
Wells Fargo CEO Charles Scharf unveiled plans to modernize bank branches across the country to improve customer experience ...
Observer7d
Wall Street CEOs Speak Out on Tariffs and Recession Fears on Earnings Calls
Jamie Dimon, Larry Fink and Charles Scharf today used their first-quarter earnings to sound off on the turbulent market ...
Wall Street Journal8d
Companies Will Hit Pause Button Because of Tariffs, Wells Fargo CFO Says
Charles Scharf, chief executive of Wells Fargo, said the bank supported the administration's "willingness to look at barriers to fair trade." (Tom Williams/Zuma Press) Wells Fargo Chief Financial ...
JPMorgan CEO warns of uncertainty over global trade; bank logs Q1 profits of $14.6B
JPMorgan’s net income rose 9% to $14.6 billion in the first quarter and the New York bank beat Wall Street’s profit and ...
JPMorgan CEO Issues Economy Warning: 'Considerable Turbulence'
JPMorgan Chase CEO Jamie Dimon has warned the U.S. economy is facing "considerable turbulence" amid Donald Trump 's tariff move and trade war with China. However, America's largest bank reported a ...