JPMorgan Chase stands head-and-shoulders above the rest of this group of largest U.S. banks by ROAA, while Morgan Stanley runs a pretty close second when its performance is measured by ROTCE. And with such a large balance sheet, it is not a stretch to call JPM the best performer in the U.S. banking industry.
Highlights this week include Binance AI token spikes, Grayscale's altcoin list, XRP's six-year high, and Trump's Inaugural Crypto Ball.
Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the government’s most influential banking regulator.
Issuers need to think about rewards programs with the same level of rigor as they do for things like interest rates and fees. That means ensuring marketing claims are accurate, redemption processes are clear,
Investors are yanking money from emerging markets at the start of 2025 as they weigh how many of Donald Trump’s threats will become policy upon his return to the White House next week.
President-elect Donald Trump‘s reported plans to sign an executive order making cryptocurrency a top priority for the administration could clear mountains of legal troubles currently playing out. The executive order,
The crypto world is buzzing as President-elect Donald Trump's inauguration nears. Bitcoin is holding above $100,000 and altcoins like SOL, ADA, LINK, XRP and LTC are shining as it's not just about a potential strategic bitcoin reserve anymore. Reports suggest Trump could announce crypto as a policy priority.
A raft of U.S. banks reported higher fourth-quarter profits on Friday, extending a winning streak for the industry as an upswing in capital markets alleviated a hit from weaker loan demand. Long believed to be the stronghold of Wall Street heavy hitters such as JPMorgan Chase and Goldman Sachs,
The Dow Jones Industrial Average and the S&P 500 are headed for their best weeks since the November election. SpaceX launched its towering Starship rocket in a key test flight and lost communication with the vessel after liftoff. Trump's Treasury Secretary pick, Scott Bessent, testified before the Senate Finance Committee.
The biggest U.S. banks reported earnings this week, and the companies’ top leadership didn’t shy away from addressing the incoming Trump administration.
Wall Street CEOs voiced confidence on Wednesday that the incoming administration would be business-friendly and good for banks.
Stocks surged on Wednesday after the latest consumer price index report showed core inflation unexpectedly slowed in December.