Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway (BRK.A, Financial) (BRK.B, Financial) sold about 34 million shares of Bank of America Corp. (BAC, Financial) between July 17 and July 19, 19 million shares between July 22 and 24 and another 18.40 million shares between July 30 and Aug. 1, according to recent Form 4 filings.

JPMorgan,U.S. Bancorp and Truist Financial have been highlighted in this Industry Outlook article.

The BDC sector is now in a correction. It also faces numerous significant headwinds. We share our outlook on and approach to the sector moving forward.

High funding costs and weakening asset quality will hurt Zacks Major Regional Banks. Yet, interest rate cuts, modest loan demand, decent economic growth and business restructuring efforts are likely to aid industry players like JPMorgan (JPM), U.S. Bancorp (USB) and Truist (TFC).

The Federal Reserve is telegraphing a possible September rate cut that will supercharge the stock market. If inflation continues to fall, Fed Chair Jerome Powell noted that “a reduction in our policy rate could be on the table” when the committee next reconvenes in mid-September, leading to the formation of some good stocks for rate cuts.

In just a few months Americans will elect the next president of the United States. As it stands today, Vice President Kamala Harris is polling slightly ahead of Former President Donald Trump with a slim 1% lead.

The Bank of Japan raised interest rates last week, throwing a monkey wrench into the yen carry trade. Stocks and bonds are selling off as foreign-currency investors struggle to unwind their trades.

Shares of Citigroup (C), JPMorgan (JPM), Bank of America (BAC), Wells Fargo (WFC), Goldman Sachs (GS) and other U.S. banks tumbled after a weak July jobs report.

JPMorgan Chase is expanding, with the aim of reaching more Americans in smaller cities and towns.  Chairman and CEO Jamie Dimon is embarking on his 14th annual bus tour on Monday, with his first stop in Iowa, where the bank plans to open 25 more branches by 2030.

Two of the bank's top executives told the Reuters news agency that uncertainty surrounding the race for the White House was weighing on deal-making sentiment

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does JPMorgan Chase & Co. (JPM) have what it takes?

Bank stocks tumbled on Monday as last week's sell-off, prompted by a weak jobs report on Friday, extended into the new week amid concerns about the rising risk of a U.S. recession and a weakening consumer outlook.