Jamie Dimon on Capital One’s $35.3 billion Discover acquisition: ‘Let them compete’

[ad_1] JPMorgan Chase CEO Jamie Dimon isn’t worried about the added competition from a bulked-up Capital One if its $35.3 billion takeover of Discover Financial gets approved. “My view is, … Read More

Capital One’s acquisition has $1.4 billion breakup fee if rival bid emerges, but none if regulators kill deal

[ad_1] Capital One headquarters in McLean, Virginia on February 20, 2024.  Brendan Smialowski | AFP | Getty Images Capital One‘s blockbuster takeover proposal for Discover Financial includes a $1.38 billion … Read More

Shopping online at 2 a.m.? That’s a red flag for buy now, pay later lender Affirm

[ad_1] A young man holds a credit card and uses a laptop for online shopping. Diy13 | Istock | Getty Images Americans shopping online after midnight often make riskier transactions … Read More

Big banks have drastically cut overdraft fees, but customers still paid $2.2 billion last year

[ad_1] Pedestrians pass a JPMorgan Chase bank branch in New York. Michael Nagle | Bloomberg | Getty Images The three biggest American retail banks collected 25% less overdraft revenue last … Read More

JPMorgan Chase earnings are out – Here are the numbers

[ad_1] Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on … Read More