George Yacik

Dimon says “nearly all” of the bank’s 250,000 employees will return after the pandemic; Instacart has chosen Chase to issue its card, while DoorDash has received offers from 10 banks.

The Crypto Council for Innovation wants a voice in how bitcoin is regulated; the #GetBanked public awareness campaign aims to help people without accounts get stimulus checks faster.

The proposal would extend the freeze another six months, until 2022; the digital yuan will give the government greater control over the economy and its people and could threaten the dollar.

Prices keep rising as inventory shrinks, competition grows, and credit availability tightens; analysis and interviews find Black businesses lacked access to lenders and failed to qualify for loans.

Treasury secretary says more needs to be done to address vulnerabilities in the financial system; the researchers are expected to make their first progress report in the third quarter.

The Treasury Secretary is reviving the Financial Stability Oversight Council, leading her first meeting Wednesday; the bank cited the availability of Covid-19 vaccines for its decision.

The fallout may go beyond large losses at Nomura and Credit Suisse from Archegos Capital; the bank’s CEO is getting five more years as the stock rebounds following a massive restructuring.

Stock repurchases could triple in the second half, assuming banks pass their stress tests; markets around the world are booming, but regulators are reluctant to raise interest rates to cool them off.

The move is a vote of confidence in the banking industry and the economy at large; borrowers would have until May 31 to apply for a loan.

The cap on Economic Injury Disaster Loans is being raised to $500,000 from $150,000; the electric car maker said it won’t convert the digital currency to fiat dollars but will retain them.