Banks That Once Fought Stablecoins Are Now Planning to Issue Their Own
CRCL shares fall after the WSJ reports that banks once opposed to stablecoins—such as JPMorgan and Bank of America—are now exploring their own.
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JPMorgan Reports Record $21.2B Earnings, But One-Time Gains Mask Rising Costs
JPMorgan delivered its highest-ever quarterly profit of $21.2 billion in Q2 2026. However, one-time Visa and equity gains, plus surging expenses, raised concerns.
JPMorgan, Bank of America, and Peers Eye Fiserv Debit Network in Bid to Reshape Payments
Several top U.S. banks are discussing the purchase of Fiserv’s debit card processing network. They hope to escape strict fee rules and make more from every debit swipe.
Record Trading Revenue Fuels JPMorgan’s Strong Q1 Earnings Beat Despite Market Volatility
JPMorgan profits rose on market volatility, trading surged, earnings beat forecasts, but CEO warned of global economic risks.
Citigroup Denies Plans to Buy Regional Bank
Citigroup dismissed as "baseless speculation" a Bloomberg report that it is considering buying a U.S. regional bank. The bank says it remains focused on organic growth and completing its turnaround under CEO Jane Fraser.
JPMorgan Restricts Private Credit Lending Amid AI Concerns
JPMorgan Chase limits loans to select private credit funds after marking down software company loans, highlighting stress in the $1.8T sector from AI risks, investor withdrawals, and tighter standards.