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Big banks all pass the Fed’s less vigorous stress tests, clearing the way for dividends and buybacks

All 22 banks tested would have remained solvent, the Fed said, despite absorbing roughly $550 billion in theoretical losses.

28.06.2025 20

Ken Sweet

Mastercard says it expects new AI software to find compromised credit and debit cards quicker—before they get used by criminals

Mastercard is integrating artificial intelligence into its fraud-prediction technology.

Ken Sweet

Biden pushes crackdown on bank ‘junk fees’ that government says will save Americans $3 billion a year

Prior to the pandemic, banks collectively charged their customers roughly $15 billion in overdraft and bounced check fees, according to a CFPB...

10.01.2025 20

Ken Sweet

Bank profits slide as people struggle with debt

JPMorgan set aside $3.1 billion to cover potentially bad loans, up sharply from a year earlier, as delinquencies climb among some Americans.

Ken Sweet