Some of America's biggest banks are terminating physical branches as the new year kicks off. Between Thanksgiving 2024 and January 11 – about six weeks – Wells Fargo, Bank of America, JPMorgan Chase,

NEW YORK (Reuters) -Bank of America and JPMorgan are set to lobby the White House and Congress to defend themselves from accusations by President Donald Trump and others that they have shut down accounts of conservative customers on political grounds.

Sam Brownback, the former U S ambassador-at-large for international religious freedom, welcomed President Donald Trump publicly rebuking the CEOs of Bank of America and JPMorgan Chase for allegedly

President Trump just put Bank of America and JPMorgan Chase on notice over allegations that the banks have shuttered accounts and denied customers over their political beliefs.

NEW YORK (Reuters) -Bank of America and JPMorgan are set to lobby the White House and Congress about allegations of selectively closing customer accounts, arguing regulation around assessing customers should be clearer, according to one of the banks and a source familiar with the matter.

Wells Fargo blasted 6.7% higher on Jan. 15 thanks to solid results, including 11% higher diluted earnings per share and 15% growth in fee-based revenue. JPMorgan Chase popped 2% on Jan. 15 and reached an all-time high on Jan. 17 in response to excellent results and another year of record revenue and net income.

NCPRR and NLPC sent Goldman and JPMorgan the anti-DEI proposals, while Bank of America and Citi received proposals from NLPC and The Heritage Foundation asking them to audit whether they have surveilled customers based on their political and religious beliefs, according to the Journal.

JPMorgan Chase produced one of the best quarterly results of its peer growth relative to expectations. Learn more about JPM stock here.

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Equities researchers at Seaport Res Ptn cut their FY2024 EPS estimates for shares of Element Solutions in a report released on Wednesday, January 22nd. Seaport Res Ptn analyst M. Harrison now forecasts that the company will post earnings per share of $1.

Bank of America and JPMorgan Chase plan to lobby the White House and Congress to address accusations from President Donald Trump and others claiming they closed accounts of conservative customers for political