The rule capping credit card late fees at $8 is on hold — here’s what it means for you

Rohit Chopra, director of the Consumer Financial Protection Bureau, speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., Dec. 15, 2022.Ting Shen | Bloomberg | Getty ImagesThe U.S. banking industry won a key victory in its effort to block the implementation of a Consumer Financial...

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CFPB rule faces possible freeze

Epoxydude | Fstop | Getty ImagesA Consumer Financial Protection Bureau regulation that promised to save Americans billions of dollars in late fees on credit cards faces a last-ditch effort to stave off its implementation.Led by the U.S. Chamber of Commerce, the card industry in March sued the CFPB in...

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JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank

JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023. Evelyn Hockstein | ReutersA Russian court sided with state-run lender VTB Bank in its...

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Bank of America (BAC) earnings Q1 2024

Bank of America Chairman and CEO Brian Thomas Moynihan testifies during a Wall Street oversight hearing by the Senate Banking, Housing, and Urban Affairs committee on Capitol Hill in Washington, DC, December 6, 2023. Saul Loeb | AFP | Getty ImagesBank of America on Tuesday reported first-quarter earnings that topped...

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Morgan Stanley (MS) earnings Q1 2024

Ted Pick, CEO Morgan Stanley, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 18th, 2024.Adam Galici | CNBCMorgan Stanley is set to report first-quarter earnings before the opening bell Tuesday. Here's what Wall Street expects:Earnings: $1.66 a share, according to LSEGRevenue:...

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Goldman Sachs (GS) earnings Q1 2024

David Solomon, Chairman & CEO Goldman Sachs, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBCGoldman Sachs is scheduled to report first-quarter earnings before the opening bell Monday.Here's what Wall Street expects:Earnings: $8.56 per share, according...

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Citigroup (C) earnings Q1 2024

Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty ImagesCitigroup on Friday posted first-quarter revenue that topped analysts' estimates, helped by better-than-expected results in the bank's investment banking and trading operations. Here's...

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