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The Latest Breaking News on Financial Services

Wells Fargo Q3 Credit Performance Improves, CEO Calls US Economy Resilient

Wells Fargo Company (NYSE:WFC) reported a net interest income of $11.95 billion on Tuesday, up 2% year over year in the third quarter of 2025.

Benzinga

Citi Q3 Revenue Climbs To $22.1 Billion As AI, Digital Assets Drive Growth

Citigroup (NYSE:C) is showing that its sweeping overhaul is starting to pay off.

Benzinga

JPMorgan Kicks Off Bank Earnings With A Strong Beat: What You Need To Know

U.S. banks kicked off the third-quarter earnings season with a wave of upside surprises, as JPMorgan Chase Co. (NYSE:JPM), Goldman Sachs Group Inc. (NYSE:GS), Wells Fargo Co. (NYSE:WFC), and Citigroup Inc. (NYSE:C) all topped Wall Street expectations, signaling continued strength across lending, trading, and consumer banking.

Benzinga

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Everything We Know As JPMorgan Chase & Co. Releases Q3 Earnings Report

JPMorgan Chase & Co. (NYSE: JPM) delivered a robust third-quarter earnings report on Tuesday, handily beating Wall Street estimates on the back of strong performance in trading and investment banking, along with solid contributions from its consumer and commercial banking segments.

International Business Times

JPMorgan CEO Jamie Dimon Calls US Economy 'Resilient', But Warns Of 'Trade Uncertainty, Sticky Inflation'

JPMorgan Chase Co. (NYSE:JPM) reported third-quarter 2025 net income of $14.4 billion, or $5.07 per share, up 12% year over year, beating the $4.84 analyst estimate as sales of $47.12 billion topped expectations of $45.39 billion.

Benzinga

How To Earn $500 A Month From Bank of America Stock Ahead Of Q3 Earnings

Bank of America Corporation (NYSE:BAC) will release earnings results for the third quarter before the opening bell on Wednesday, Oct. 15.

Benzinga

Jamie Dimon Announces $1.5 Trillion JPMorgan Program to Reinforce America's Economic Security

Jamie Dimon announces JPMorgan's $1.5 trillion plan to boost U.S. economic and national security over the next decade.

International Business Times

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JPMorgan announces $1.5 trillion U.S. investment initiative

CEO Jamie Dimon says the move is about strategy and not about seeking favor with the administration.

Axios

USA Rare Earth, Critical Metals Stocks Explode—JPMorgan Adds Fuel To The Fire

Rare earth stocks continued a remarkable rally on Monday following geopolitical developments and major investment pledges, including a $1.5 trillion initiative from the largest bank in the country, JPMorgan Chase Co. (NYSE:JPM).

Benzinga

JPMorgan to invest up to $10 billion in US companies with crucial ties to national security

JPMorgan Chase will directly invest up to $10 billion in U.S. companies with crucial ties to national security

The Independent UK

U.S.-Sanctioned Mexican Bank Begins Liquidation After Having License Revoked

On Oct. 10, Mexico's Bank Savings Protection Institute (IPAB) announced that CIBanco's license was revoked due to suspected money laundering linked to drug trafficking, as alleged by U.S. authorities in June.

Latin Times

Lloyds challenges car loan compensation bill as it warns of £2bn hit

The high street banking giant raised concerns about the Financial Conduct Authority’s calculations for how much consumers lost out.

Evening Standard

Lloyds warns motor finance scandal could cost it nearly £2bn as bill rises

Banking group puts aside extra £800m for compensation claims amid potential for more ‘historical cases’

The Guardian - UK

Lloyds lifts motor finance provision to almost £2 billion

Lloyds, the biggest player in the motor finance sector through its Black Horse division, had already put aside £1.15 billion

Evening Standard

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Evening Standard

FTSE 100 Live 13 October: Lloyds shares up despite new provision, miners lift index

Lloyds Banking Group today made a big increase to the amount it will need to cover motor finance mis-selling compensation.

Kiplinger

Credit Cards That Actually Reward Your Loyalty

If you have bank or investment accounts with your credit card issuer, you may qualify for extra cash back, waived fees and other benefits.

Benzinga

How To Earn $500 A Month From JPMorgan Stock Ahead Of Q3 Earnings

JPMorgan Chase Co. (NYSE:JPM) will release earnings results for the third quarter before the opening bell on Tuesday, Oct. 14.

The Guardian - UK

JP Morgan staff told they must share biometric data to access headquarters

Investment bank had previously planned for such information from New York workers to be voluntary

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International Business Times UK

No Bank Account? Your IRS Refund Could Vanish Into Limbo

Millions of Americans risk losing access to their tax refunds as the IRS moves to phase out paper cheques and require direct deposit or digital payments from September 2025.

Evening Standard

Starmer calls for ‘national debate’ on digital ID in bid to expand technology

Sir Keir defended what he described as the scheme’s ‘huge benefits’ after polls suggested public support for the proposals had plummeted.

The Guardian - UK

Head of largest US bank warns of risk of American stock market crash

Jamie Dimon, chair of JPMorgan Chase, said he was ‘far more worried than others’ about serious market correction

The Guardian - UK

Lloyds says it is facing greater hit than expected from car loan finance scandal

Banking group predicts bill will top £1.2bn it has set aside, as Close Brothers also says it expects to pay more

Evening Standard

Metro Bank outage causes issues with customer accounts

Are you one of the customers affected?

The Guardian - UK

Metro Bank customers see red after IT glitch empties accounts

Bank apologises for payments delay that led to angry complaints about ‘negative balances and missing funds’

The Guardian - UK

As London stock market listings show signs of life, Reeves must add momentum

With tentative signs of a revival in IPOs, the chancellor should use the moment to cut the 0.5% charge on share purchases

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