Citigroup plans to launch a stablecoin and explore tokenized deposits, while JPMorgan cautiously enters the market to remain competitive.

Large US banks reported results that topped estimates Tuesday as executives pointed to American economic resilience and said ...

The bank reported a second-quarter profit of $4.02 billion, or $1.96 a share, compared with $3.22 billion, or $1.52 a share, in the year-ago period. Analysts polled by FactSet expected $1.61 per share ...

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The bosses of JPMorgan and Citigroup said Tuesday they intend to get involved in stablecoins, the latest evidence of how Wall ...

Tech stocks were an outlier, though, and the Nasdaq composite rose 0.2% to set another record thanks to Nvidia, the market’s ...

JPMorgan Chase CEO Jamie Dimon said during the company's earnings call Tuesday that the bank plans to get more involved with stablecoins.

On Tuesday, the CEOs of JPMorgan Chase and Citigroup indicated that their banks may get involved in stablecoins, a signal of rising interest among TradFi for the burgeoning crypto technology.

The Dow and S&P 500 fell, and the Nasdaq rose, on a busy day for the stock market as investors digest news on a China chips embargo, big bank earnings and CPI inflation data.

Jane Fraser told analysts the bank is evaluating stablecoin issuance and advancing tokenized deposit solutions as part of a broader digital finance strategy.

Private equity work is up year-over-year, but tariffs, inflation and valuations continue to be an issue for dealmakers.