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, 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.
Wells Fargo Misses Profit Estimates Amid Higher Severance Costs
Wells Fargo’s Q4 2025 earnings fell short of analyst expectations due to $612M in severance expenses and lower net interest income.
Wells Fargo Raises Profit Target After Breaking Free from Regulatory Chains
Wells Fargo increases profitability goal to 17-18% ROTCE after Fed removes asset cap. Q3 results show growth in investment banking and noninterest income despite slight NII miss.
Wall Street's High-Stakes Battle for the Fannie Mae and Freddie Mac IPO
Major banks are competing for lead roles in what could be history's largest IPO as Trump administration plans to take Fannie Mae and Freddie Mac public, with Goldman Sachs, JPMorgan, and others vying for position.