JPMorgan Chase & Co

An unexplained outage at Chase Bank led to interruptions for users of the Zelle payment network, who took to social media to complain. Zelle said on Twitter that its network is functioning normally and pointed a finger at Chase, saying the bank was experiencing trouble with payment processing. Chase issued a statement in which it said it is “working to...

Attorneys for the victims said the cash settlement is “within the range of reasonable resolutions” and is “adequate, and in the best interests” of their clients.

Chase said late Friday that the bank had “resolved the underlying issue” and was in the process of issuing refunds or reversing transactions for customers.

The bank claimed Jes Staley knew of Epstein’s sex trafficking and engaged in “sexual activity with young women procured by Epstein.” Staley has said he is being used as a PR shield.

Regulators seized troubled First Republic Bank early Monday and sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to head off further banking turmoil in the U.S. Scott Budman reports.

Regulators seized troubled First Republic Bank early Monday and sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to head off further banking turmoil in the U.S. Scott McGrew reports.

First Republic Bank’s 84 branches in eight states will reopen Monday as branches of JPMorgan Chase Bank.

JPMorgan acquired all of First Republic’s deposits and a “substantial majority of assets.” Its shares rose 2.6% in premarket trading on the news.

Credit card deals with popular brands including Amazon, Costco and American Airlines are some of the most hotly contested contracts in the financial world.

Goldman and rivals including Morgan Stanley and JPMorgan Chase have amped up their acquisitions in both fintech and asset management in recent years.

The Ukraine war is expected to hit exports, create supply-chain disruptions and push inflation higher in Poland.

Parts of the Treasury yield curve briefly inverted on Monday, raising some recession concerns.