Banco Popular de Puerto Rico

JPMorgan Chase Chief Executive Jamie Dimon said he thinks a hard Brexit is unlikely but would be a "disaster" if it happened.

The Trump administration is considering whether to renominate Marvin Goodfriend to join the Federal Reserve Board, a person familiar with the matter said.

Dimon’s pay package included $24.5 million of restricted stock tied to performance, an annual base salary of $1.5 million and a $5 million cash bonus.

State Street Corp. said it’s laying off 1,500 staff as part of a plan to reduce costs.

Bank of America Chief Executive Officer Brian Moynihan predicted another round of consolidation in the U.S. that could lead to the emergence of a new competitor.

"I don't and I never would discount the European banks," Citigroup Chief Executive Officer Michael Corbat said in an interview at the World Economic Forum in Davos. "Don't overestimate the U.S. banks' position, and don't underestimate the European banks' position."

Seventy-eight percent of global banks now use regulatory stress tests to assess concentrations and set limits internally, according to a Deloitte survey to be released Wednesday. That's up from 67% in 2012. Eighty-seven percent of respondents said they use capital stress tests for strategy and business planning, up from 68%.

The Federal Reserve is examining how Deutsche Bank handled billions of dollars in suspicious transactions from Denmark's leading lender, according to people familiar with the matter, further intensifying what could be one of the biggest money-laundering scandals ever.

Mexico's Senate leader Ricardo Monreal said he'll seek a vote on his bill cutting bank fees in the spring session starting next month.

U.S. Commerce Secretary Wilbur Ross said unpaid federal workers could borrow to tide themselves over during the government shutdown rather than call in sick to earn a paycheck elsewhere.