Jamie Dimon Has Spent Decades at the Top — and His Net Worth Shows It
JP Morgan CEO Jamie Dimon is one of the most powerful men in the country, but many want to know what financial leader's net worth is.
Banking
Market Realist has the latest news and updates on banking, U.S. banks, credit unions, and savings and loan associations.
JPMorgan CEO Jamie Dimon's Salary History — How He Climbed the Financial Ladder
Jamie Dimon’s salary history clearly shows why he's considered one of the richest CEOs in the U.S. Dimon joined the billionaires club in 2015.
The Chase Freedom Month of More Promotion Is Back — Don't Miss These Deals
If you have a Chase Freedom card, take advantage of the Month of More promotion now through May 31, 2023 for exclusive deals and cash-back rewards.
Why Banks Have Been Failing — Is Your Money Safe?
Why are the banks failing in 2023? Here's a look at causes of three recent bank failures and how you can be confident about your bank.
First Republic Bank Takeover Details — Who's Buying the Failed Bank?
What happened to First Republic Bank? Like Silicon Valley Bank and Signature Bank, a different banking corporation has taken over. Let's get into it.
Whether You Have a Savings Account or Plan to Open One, Make Sure It Works for You
Whether you already have a savings account or you're looking to open one, there are some things to keep in mind that'll be favorable to you. Here's what to look for in a savings account and signs to keep an eye out for when it's time to look for a new one.
Apple’s High-Yield Savings Account Is Now Active: How to Open One
Apple partnered with Goldman Sachs to offer a savings account to current and future Apple Card customers. Here's how to get an Apple Savings account.
The Lowdown on Certified Funds: What You Need to Know
Whether you're renting an apartment or buying a used car, you may need to pay using certified funds. So, what is considered certified funds?
How FedNow Service Will Change Payment Processing
The Federal Reserve will soon launch the FedNow Service. This new service will facilitate instant payment services by financial institutions every day of the year.
How Long You Should Keep Financial Documents — Timeline, Explained
If you've got a drawer full of tax records and documents and want to start shredding, you may wonder how long should you keep financial documents.
Who Owns First Citizens Bank? Bank Is Buying SVB
Who owns First Citizens Bank? The bank has agreed to purchase Silicon Valley Bank (SVB) in the wake of its collapse. Here's what we know.
Cashier’s Check vs. Certified Check — What’s the Difference Between the Two?
Cashier’s checks and certified checks are safer methods of payment than personal checks or cash. But what's the difference between them?
Banks Invest the Money You Deposit in a Number of Different Places
When you deposit your money into a bank, it may be invested in a number of different things. So, where do banks invest their money?
Want SVB Merch? You Can Buy Failed Bank Swag on eBay
Silicon Valley Bank items are on eBay for auction just days after the SVB collapse. Some employees are trying to make the most of the bad situation.
Yes, Customers Still Have to Pay Loans If a Bank Fails — All the Details
What happens to loans when a bank fails? Amid the downfall of two major banks, here's what to know if you have loans at a bank that has closed.
Silicon Valley Bank and Signature Bank Close — What Happens to Deposits?
Silicon Valley Bank and Signature Bank have closed and been taken over by the FDIC. What happens to the money held at those banks after closure?
Bank of America Text Message Scams Are on the Rise – How to Spot Them
If you received a text message from Bank of America alerting you of a recent transfer or that your account has been locked, it could be a scam.
Have Overdraft Fees? Here's How to Get a Refund
These additional charges may feel endless and lock you in an endless cycle of repaying fees owed to financial institutions. Here's how to get overdraft fees refunded after putting up with additional charges made by banking companies.
Underbanked or Unbanked? Alternative Financial Practices Explained
Are you underbanked or unbanked? If you're unfamiliar with these terms, read on to learn what these alternative banking methods look like.
Wells Fargo Agrees to $300M Settlement in Investor Lawsuit
Wells Fargo has agreed to a $300 million settlement in a class action lawsuit that accused the bank of forcing unnecessary auto insurance on customers.
Just How Safe Is Mobile Banking? Take These Precautions
Is mobile banking safe for customers? Check out the precautions you should take to protect your identity and your money if you use mobile banking.
Was Bank of America Hacked? Scam Signs to Watch Out For
Bank of America customers may worry about hackers, as they often target bank customers. Did Bank of America get hacked? Rumors have been going around.
"Creepy" TikTok Video Shows Bank of America Branch With No Employees
TikToker Mel (@mel_in_sd) discovered the new form of banking when visiting a Bank of America branch with no employees. The video has gone viral.
Will Banks Be Open on New Year's Eve This Year? Some May But With Limited Hours
New Year’s Eve falls on Saturday, Dec. 31, 2022. Because NYE isn’t a federal holiday, most banks will be open, with some exceptions. Find out more here.
Wells Fargo Ordered to Pay $3.7 Billion for Consumer Protection Violations
On Dec. 20, Wells Fargo was ordered to pay a $3.7 billion settlement for the bank’s mismanagement of auto loans, mortgages, and deposit accounts.
These Top Four Banks Won’t Ever Charge Customers an Overdraft Fee
Banks with no overdraft fees are proving their dedication in a key way. Here are the top four banks with no overdraft fees for customers.
If You're Opening a Bank Account, Consider These Banks With Sign-On Bonuses
Banks offer sign-on bonuses as a way to attract new customers. Here are some of the current offers available as sign-up bonuses. Customers can benefit from the offers.
Apple’s Goldman Sachs Savings Account Is Coming — How It Will Work
Apple Card holders will soon get access to a Goldman Sachs savings account, but some details are still on the downlow. Here's what we know.
How Safe Is Money in a Savings Account During a Recession?
With the threat of a recession looming in many Americans' minds, how safe are your investments and savings? Savings accounts are usually FDIC-insured.
Old Bank Notes Might Be Worth More Than You Think — Always Check the Value
Are old bank notes worth anything? If a government phases out the use of certain bank notes or coins, how can consumers find out the value of their discontinued money?
Bank of America’s No Down Payment Mortgage Program, Explained
Bank of America is testing a new program that grants mortgages with no down payment for some people of color. Here’s how it works.
Regulators Fine Major Banks for Using WhatsApp, Explained
Big banks like JPMorgan and Bank of America are seeing massive fines for using the encrypted communication tool WhatsApp. Here's what we know.
SEC Files Charges Against Banks for Not Following Identity Theft Red Flags Rule
Identity theft is costly to both businesses and consumers. The SEC has the Red Flags Rule in order to help reduce the risk of identity theft.
China Bank Run in 2022: Are Chinese Banks Failing?
Recently, there were reports that China sent tanks to scare bank depositors. Is there a bank run in China in 2022? Are Chinese banks failing?
China's Banking Crisis, Explained: Tanks Move In to Quell Protests
China has sent tanks to control protestors demanding their money from banks. Why is there a banking crisis in China?
Consumer Warning: Most Zelle Transfers Can't Be Reversed
Usually, Zelle transfers can only be reversed if the recipient isn't enrolled with Zelle yet. We'll break it all down for you. Keep reading.
When Zelle Is Down and Not Working, This May Be the Reason Why
Zelle won't work if the company is experiencing an outage or working on its network, or if there's an issue with your phone number or email.
How to Get Into Banking With No Experience
Whether you can get a banking job depends on the company and the role you seek. Here's how to get into banking with no experience.
Relax! Banks Can't Take Your Money in a Recession
Recession fears have been rising in the U.S. Is your money safe or can banks take your money in a recession or a depression? Relax, your money is safe.
What Happens to Banks During a Recession and Are Your Deposits Safe?
Many economists are now predicting a U.S. recession. Here’s what happens to banks during a recession. Are your deposits safe during a recession?
“Widespread Power Outages” Have Made Huntington Bank's Mobile App Inaccessible
Huntington Bank's mobile app hasn't been working for customers. Power outages disrupted the service, impacting online banking and customer service lines.
Christine Lagarde: How the European Central Bank President Made Millions
Christine Lagarde spent many years as a lawyer and has also been a political presence in France. What's her net worth as a successful political figure?
N.Y. Judge Lifts Freeze on Wendy Williams' Wells Fargo Bank Accounts
A New York ruled in favor of lifting the freeze Wells Fargo put on Wendy Williams' bank accounts. A financial guardian has been assigned to help her manage her money.
Wells Fargo’s Alleged Fake Job Interviews Add to Its Woes
Former Wells Fargo employees have alleged the bank conducted fake interviews for posts that were already filled.
Banking Executive John Utendahl’s Net Worth Is Staggering
John Utendahl is a longtime Wall Street investment banker who previously owned his own firm. His net worth is estimated at $500 million.
Is Deutsche Bank Corrupt? — Why the Financial Institution Was Raided
Not to anyone's surprise, Deutsche Bank has once again been raided by authorities over money laundering suspicions. Is the bank corrupt?
The Money Laundering in 'Ozark' Is Peanuts Compared With Real-Life Schemes
Money laundering is a complex process in which criminals move money through various channels to "clean" it. Here's more on it, and some infamous examples.
Zelle Scams Target Wells Fargo, Banks Aren't Liable for Lost Money
Imaging losing money to a fraudulent attack, and your bank won't refund you any money. Why have Zelle scams been target Wells Fargo customers?
Truist Financial Accused of Making Some Suspicious Moves
Truist Financial has been accused of suspicious activities by its customers. Who owns Truist Bank?
Goldman Sachs Is Bullish on Crypto, Executes First Crypto OTC Options Transaction
As Goldman Sachs executed its first OTC crypto options trade, what is Goldman Sachs’ crypto prediction? Why is the bank bullish on crypto?