Jamie Dimon says he could beat Trump, walks back comment

NEW YORK (AP) — The nation's most powerful banker, JPMorgan Chase Chief Executive Jamie Dimon, is saying he would be able to beat President Donald Trump in an election, but also says he isn't running ...

US government advocate for student loan borrowers resigns

NEW YORK (AP) — The nation's roughly 44 million student loan borrowers have lost their advocate inside in the U.S. government. Seth Frotman, the government's top official overseeing ...

APNewsBreak: Nation's top student loan official resigns

NEW YORK (AP) — The top government official overseeing the $1.5 trillion student loan market resigned Monday, citing what he says is the White House's open hostility toward protecting nation's million...

US banks made more than $60 billion in profits last quarter

NEW YORK (AP) — Federal regulators are saying that U.S. banks set a record by making more than $60 billion in profits in the second quarter, up more than 25 percent from a year earlier. ...

Trump's pick to run consumer watchdog faces skeptical Senate

WASHINGTON (AP) — Kathy Kraninger, President Donald Trump's nominee to take over the nation's watchdog for banks, credit cards and payday lenders is facing the Senate Banking Committee on Thursday, wh...

AmEx 2Q profits rise, but there are worry spots on lending

NEW YORK (AP) — American Express says its second-quarter profit rose 21 percent from a year ago, as the credit card giant saw more customers spending on its namesake cards and a much lower tax rate. ...

Morgan Stanley 2Q profits jump 39 percent, helped by trading

NEW YORK (AP) — Investment bank Morgan Stanley said its second-quarter profits rose by 39 percent from a year ago, driven by another strong performance in trading and investment banking, as well as a ...

Goldman's Blankfein to retire as CEO, Solomon to take over

NEW YORK (AP) — Lloyd Blankfein, Goldman Sachs' chief executive officer and chairman, is announcing his retirement from the investment banking giant after 12 years at the helm. Goldm...

Goldman Sachs' 2Q profits jump 44 percent, helped by trading

NEW YORK (AP) — Goldman Sachs says profits jumped 44 percent in the second quarter compared with a year ago, driven by the investment bank's core franchises: advising companies on mergers, acquisition...

Leandra English, who sued Trump, to resign from CFPB

NEW YORK (AP) — Leandra English, who sued President Donald Trump for control of the Consumer Financial Protection Bureau as deputy director of the bureau, is planning to resign early next week. ...

Citigroup to refund $335 million to credit card customers

NEW YORK (AP) — Citigroup is agreeing to refund $335 million to a group of customers who may have been overpaying interest on their credit cards. In a settlement with the Consumer Fi...

Banking by smart speaker arrives, but security issues exist

NEW YORK (AP) — Hey Alexa, what's my bank account balance? Big banks and financial companies have started to offer banking through virtual assistants — Amazon's Alexa, Apple's Siri, ...

Theranos CEO Elizabeth Holmes charged with criminal fraud

NEW YORK (AP) — Federal prosecutors have indicted Elizabeth Holmes on criminal fraud charges for allegedly defrauding investors, doctors and the public as the head of the once-heralded blood-testing s...

US, global stock markets mixed after Trump-Kim summit

NEW YORK (AP) — U.S. and global stock markets were mostly higher Tuesday as investors worked through the outcome of the meeting between President Donald Trump and North Korean leader Kim Jong Un. ...

Stock markets higher ahead of Trump-Kim meeting

NEW YORK (AP) — U.S. stocks rose slightly in early Monday trading, as President Donald Trump prepared to meet North Korean leader Kim Jong Un, despite the American president's outburst at Canada's pri...