banks

Wall Street's biggest banks have rallied hard in 2025, outpacing the S&P 500 with an average 18% year-to-date gain, but as second-quarter earnings roll in starting July 15, analysts warn the easy gain may already be priced in. In a note shared Wednesday, Bank of America analyst Ebrahim H....

Chime Financial Inc (NASDAQ:CHYM) just vaulted to the sixth-largest debit card issuer in the U.S., all without a single physical branch. JPMorgan analyst Tien‑tsin Huang initiated coverage on the stock with an Overweight rating and a $40 price target for December 2026. That’s about 28% upside...

As American families gather to celebrate Independence Day, many investors and traders are curious about the market schedule for the July Fourth holiday weekend. Here’s a concise guide to help you navigate the trading week around this holiday. Market Schedule Overview Around Independence Day...

Financial analyst and strategist Tom Lee stated Monday that Ethereum (CRYPTO: ETH) will play a crucial role in the banking sector’s future, highlighting the rationale for buying and holding the second-largest cryptocurrency in reserves. What Happened: During a CNBC interview, Lee was...

The Federal Reserve announced on Friday that all 22 of the nation’s largest banks successfully passed its 2025 stress test, maintaining adequate capital buffers even under a hypothetical recession scenario. However, analysts noted that this year’s exam was less demanding than previous...

After Sen. Ted Cruz (R-Texas) pushed for abolishing the interest paid by banks on their deposits with the Federal Reserve, senior economist Jeremy Siegel supported his arguments, whereas the JPMorgan Chase & Co. strategists opposed the idea, warning of serious implications. What Happened: Cruz...

As Donald Trump‘s administration nears completion of a proposal to ease big bank rules, Wall Street’s megabanks are largely expected to cheer the lower supplementary leverage ratio (SLR), allowing them to hold fewer capital reserves against their assets. What Happened: Analysts largely...

Top U.S. banks are contemplating a joint venture to issue a dollar-pegged stablecoin in an attempt to counter the increasing competition from the cryptocurrency sector, according to a report dated Thursday. What Happened: Companies co-owned by JPMorgan Chase (NYSE:JPM), Bank of...

Goldman Sachs analyst Richard Ramsden raised the price forecast on JPMorgan Chase & Co. (NYSE:JPM) from $276 to $303, while reiterating a Buy rating following its investor day on Monday. CEO Jamie Dimon warned that markets are displaying an “extraordinary amount of complacency...

BofA Securities analyst Ebrahim H. Poonawala on Monday noted bank stocks have staged a significant rebound versus April lows, led by global systemically important banks (G-SIBs), money center, investment banks and trust banks. It is unclear to Poonawala whether customer activity during the second...

JPMorgan Chase & Co. (NYSE:JPM)'s May 19 investor day arrives at a pivotal moment for the world's largest bank, with Wall Street watching closely for clarity on management succession and capital strategy as macroeconomic uncertainty clouds the outlook. Shares of JPMorgan have rebounded 33%...

Shares of regional banks such as Associated Banc-Corp (NYSE:ASB) and BankUnited Inc. (NYSE:BKU) are trading higher Monday afternoon following news of a major tariff rollback agreement between the U.S. and China. What To Know: The gains come as the 90-day trade truce between the two countries is...

The April U.S. employment report brought a welcome economic balancing act. Nonfarm payrolls increased by 177,000, beating comfortably the 130,000 forecast by economists and almost doubling the 90,000 predicted by Kalshi betting markets. Average hourly earnings, however, slowed to 0.2% month-over-...

Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong, on Thursday, touched on the wisdom of traditional banks launching their own stablecoins in light of their foray into the cryptocurrency industry. What Happened: During the first quarter earnings call, Armstrong was asked about the growing...

Charles Schwab Corp. (NYSE:SCHW) may soon deliver one of the strongest earnings accelerations across the brokerage sector, opening the door to a strong upside for its stock, according to Goldman Sachs. In a note shared Friday, Goldman Sachs analyst Alexander Blostein upgraded Schwab from Neutral to...