Banking

Federal Reserve Chairman Jerome Powell has said that bringing down inflation is “absolutely essential” and that aggressive rate hikes may occur as soon as next month.

On Wednesday, US investment bank JPMorgan Chase reported its first-quarter profit dropped sharply from a year earlier, driven by increased costs for bad loans as well as the market upheaval triggered by Russia’s attack on Ukraine.

Today's financial institutions are more focused than ever on making customer communications and transactions as easy to understand and secure as possible.

For a long time, cryptocurrency was dismissed by mainline financial institutions as being a fad, or even a miscreant, form of currency that was unstable, unregulated and unsafe. Most thought it would pass and be assigned to history, much…

On Tuesday, shares in British bank Barclays plummeted as much as 6% in early trading after one of its top investors sold $1.2 billion worth of stock.