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JPMorgan Chase & Co
FILE - This Jan. 13, 2021, file photo shows a Chase ATM in New York. All 23 of the nation's biggest banks are healthy enough to withstand a sudden economic catastrophe, the Federal Reserve said Thursday, June 24, as it released the results from its latest "stress tests," giving the banks the green light to start paying out dividends to investors and buying back stock. (AP Photo/Mark Lennihan, File)
All big banks pass latest Federal Reserve 'stress tests'

By Ken Sweet Jun. 24, 2021 04:41 PM EDT

FILE - In this Wednesday, June 29, 2011, file photo is the headquarters building of Goldman Sachs, in New York.  Wall Street's big investment banks are sending a message to their employees this summer: Get back into the office, and bring your vaccination card. Goldman Sachs required most of its employees to return to the office on June 14, 2021, with some exceptions extending that deadline to Sept. 30. It requires every employee to state their vaccine status, but does not require proof. (AP Photo/Richard Drew, File)
Big US banks to employees: Return to the office vaccinated

By Ken Sweet Jun. 23, 2021 01:37 PM EDT

Dana Anthony is seen at her workplace at The Daily Tar Heel newspaper in Chapel Hill, N.C., Tuesday, April 13, 2021. Anthony was rejected after two speparate HireVue interviews for other jobs recently. The pandemic has heightened demand for online services that interview job applicants remotely and use artificial intelligence to assess their skills. But the technology also raises questions about whether computers can accurately judge a person's character traits and emotional cues. (AP Photo/Gerry Broome)
Want a job? Employers say: Talk to the computer

By Matt O'brien Jun. 15, 2021 01:38 PM EDT

U.S. flags fly from the facade of the New York Stock Exchange, Monday, June 7, 2021. Stocks are opening mostly higher on Wall Street as gains for Big Tech companies offset weakness in banks and other parts of the market. The S&P 500 edged up 0.1% in the early going Wednesday, June 9.  (AP Photo/Richard Drew)
US indexes end lower; more volatility for online favorites

By Damian J. Troise And Alex Veiga Jun. 09, 2021 02:21 AM EDT

FILE - In this July 16, 2019, file photo General Motors CEO Mary Barra speaks during the opening of their contract talks with the United Auto Workers in Detroit.  Most of the women running the biggest U.S. companies saw their pay increase last year, 2020, even as the pandemic hammered the economy and many of their businesses.  (AP Photo/Paul Sancya, File)
Female CEOs saw ranks dwindle in 2020; median pay fell 2%

By Sarah Skidmore Sell May. 28, 2021 08:15 AM EDT

This image from video provided by the House Financial Services Committee shows Wells Fargo CEO Charles Scharf testifying virtually to the House Financial Services Committee Thursday, May 27, 2021. (House Financial Services Committee via AP)
Bank CEOs tell Congress they'll work to avoid foreclosures

By Ken Sweet May. 27, 2021 01:12 PM EDT

This image from video provided by the Senate Banking Committee shows Citigroup CEO Jane Fraser testifying virtually to the Senate Banking Committee Wednesday, May 26, 2021. (Senate Banking Committee via AP)
Bank CEOs outline pandemic support; senators split on issues

By Ken Sweet And Marcy Gordon May. 26, 2021 10:27 AM EDT

Tarana Burke, founder and leader of the #MeToo movement, stands in her home in Baltimore on Oct. 13, 2020. Black women and girls are now the focus of several high-profile philanthropic initiatives as major donors look to address the racial wealth gap and the long-chronicled funding disparity for organizations serving minority women. Teresa Younger, who helped launch The Black Girl Freedom Fund and its 1Billion4BlackGirls campaign in September with other Black women in philanthropy and activism — including Me Too Founder Tarana Burke — said that donors should be cautious about making assumptions in their giving. (AP Photo/Steve Ruark, file)
A philanthropic drive to aid Black women is gaining momentum

By Haleluya Hadero Apr. 22, 2021 11:14 AM EDT

FILE - In this Nov. 5, 2020 file photo, a sign for Wall Street is carved in the side of a building. Stocks are easing lower in early trading on Wall Street, pulling major indexes slightly below the record highs they reached last week. The S&P 500 was down 0.2% in the early going Monday, April 19, 2021, and the Dow Jones Industrial Average fell 0.4%.  (AP Photo/Mark Lennihan, File)
Asian stock markets mixed after Wall St decline

By Joe Mcdonald Apr. 19, 2021 03:37 AM EDT

FILE - The New York Stock Exchange is seen in New York, Monday, Nov. 23, 2020. Stocks were moderately higher in early trading Thursday, April 8, 2021, helped again by large technology stocks that have benefitted from a drop in bond yields. (AP Photo/Seth Wenig)
A year after stocks soared, CEOs must show it was warranted

By Stan Choe Apr. 15, 2021 12:17 PM EDT

A Citibank office is open, Wednesday, Jan. 13, 2021 in New York.   The nation’s largest banks are expected to report big profits for the first quarter, Tuesday, April 13,  amid renewed confidence that pandemic-battered consumers and businesses can repay their debts and start borrowing again  (AP Photo/Mark Lennihan)
Citigroup profit triples in 1Q, tops estimates; revenue down

By Ken Sweet Apr. 15, 2021 09:10 AM EDT

Bank of America signage is shown Wednesday, Feb. 10, 2021, in Atlanta.   The nation’s largest banks are expected to report big profits for the first quarter, Tuesday, April 13,  amid renewed confidence that pandemic-battered consumers and businesses can repay their debts and start borrowing again(AP Photo/John Bazemore)
Bank of America profit doubles in 1Q to $8.1 billion

By Ken Sweet Apr. 15, 2021 07:03 AM EDT

Wells Fargo earned $4.74 billion in Q1, topping estimates

By Matt Ott Apr. 14, 2021 08:46 AM EDT
SILVER SPRING, Md. (AP) — Wells Fargo had its best quarter in a year and a half, posting a profit of $4.74 billion and freeing up more than a billion dollars...

Profits at Goldman Sachs surge in 1Q, helped by trading

By Ken Sweet Apr. 14, 2021 08:06 AM EDT
NEW YORK (AP) — Investment bank Goldman Sachs saw its profits nearly quintuple in the first quarter, driven by a massive surge of revenue from its core...

A Chase Bank is seen, Wednesday, Feb. 3, 2021, in Woburn, Mass.  The nation’s largest banks are expected to report big profits for the first quarter, Tuesday, April 13,  amid renewed confidence that pandemic-battered consumers and businesses can repay their debts and start borrowing again. (AP Photo/Elise Amendola)
JPMorgan 1Q profit up sharply, helped by improving economy

By Ken Sweet Apr. 14, 2021 07:30 AM EDT

An employee of a bank walks near the screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Thursday, April 15, 2021. Asian stock markets were mixed Thursday after Wall Street retreated from a record high as major banks reported strong profits at the start of U.S. earnings season. (AP Photo/Lee Jin-man)
Asian stock markets mixed after Wall St retreats from record

By Joe Mcdonald Apr. 14, 2021 01:43 AM EDT

Bank of America signage is shown Wednesday, Feb. 10, 2021, in Atlanta.   The nation’s largest banks are expected to report big profits for the first quarter, Tuesday, April 13,  amid renewed confidence that pandemic-battered consumers and businesses can repay their debts and start borrowing again(AP Photo/John Bazemore)
Banks to see big profits as COVID 'bad' loans become 'good'

By Ken Sweet Apr. 13, 2021 12:36 PM EDT

People wearing face masks walk past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange in Hong Kong Tuesday, April 13, 2021. Asian shares were mostly higher on Tuesday with hopes growing for a global economic rebound despite worries over renewed surges in coronavirus cases. (AP Photo/Vincent Yu)
Asian shares gain despite virus worries; China exports rise

By Yuri Kageyama Apr. 12, 2021 02:53 AM EDT

People walk past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange in Hong Kong Monday, April 12, 2021. Asian shares were lower on Monday, as investors grew wary over the recent surge in coronavirus cases in many places while vaccinations are making scant headway. (AP Photo/Vincent Yu)
Asian shares decline on vaccine, virus worries

By Elaine Kurtenbach Apr. 12, 2021 12:03 AM EDT

In this photo provided by the New York Stock Exchange, Adam Logan, foreground, works with a fellow trader on the floor, Friday, April 9, 2021. Technology companies helped lift stocks higher on Wall Street in afternoon trading Friday, placing the market within striking distance of more record highs. (Colin Ziemer/New York Stock Exchange via AP)
Tech company gains help push S&P 500 to record high

By Damian J. Troise And Alex Veiga Apr. 09, 2021 02:49 AM EDT

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