Van Cleef Asset Management Inc trimmed its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 1.8% in the fourth quarter, HoldingsChannel reports. The firm owned 17,387 shares of the financial services provider’s stock after selling 319 shares during the period.

The Trump organization just filed a lawsuit against US banking giant Capital One, accusing the lender of unjustly terminating more than 300 of the firm's bank accounts.

Bank stocks moved into the red Friday to bring their losses for the week into the 10%-plus range as the February jobs report provided no lift and sector investors took their queues from the U.S. government-debt market.

VELA Investment Management LLC cut its holdings in JPMorgan Chase & Co. (NYSE:JPM) by 8.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,537 shares of the financial services provider’s stock after selling 138 shares during the period.

Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by his predecessor, Rohit Chopra.

The CFPB has now dropped seven of the enforcement cases brought under former President Joe Biden, including one against Capital One.

Investors are selling shares of JPMorgan Chase, Bank of America, and other financials as they weigh how an economic slowdown could hurt the sector.

The Consumer Financial Protection Bureau (CFPB) dropped its suit against JPMorgan Chase (JPM), Bank of America (BAC), and Wells Fargo (WFC) on Tuesday over their handling of fraud on the peer-to-peer payments network Zelle.

Teresa Heitsenrether, overseeing the AI rollout at America’s largest bank, on what it means for thousands of employees and millions of Chase Bank customers.

Shares of JPMorgan Chase ( JPM -3.98%), the largest bank in the U.S. by assets, traded nearly 5% lower as of 10:52 a.m. ET. Shares of Wells Fargo ( WFC -4.84%) traded 6.5% lower at that time, while shares of Citigroup ( C -6.25%) were down 7.5%.