All articles by Kuldeep Jha
Kuldeep Jha
Trump files $5bn lawsuit accusing JPMorgan of politically driven debanking
It claims the bank breached its own internal rules by allegedly targeting Trump to align with the prevailing “political tide.”
Credit card cap at 10% would hit up to 159 million US cardholders, warns ABA
Between 74% and 85% of active US credit card accounts would either be closed or face substantial cuts to their credit limits.
UniCredit said to explore Delfin’s stake in Monte dei Paschi and Generali
UniCredit has also evaluated a direct investment in Delfin, the holding company of the Del Vecchio family.
US regulators scrap guidance on lenders’ use of immigration status
The agencies said withdrawal is “appropriate to avoid any unnecessary burdens” from new or increased compliance efforts.
SMBC Group to close US digital unit Jenius Bank
The closure will result in 161 job losses across the US.
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JPMorgan to take over Apple credit card from Goldman Sachs
The bank plans to record a $2.2bn provision for credit losses tied to the deal when it reports fourth-quarter 2025 earnings next week.
Crypto venture tied to Trump family pursues US charter for stablecoin trust bank
The proposed institution would be responsible for issuing USD1, a dollar-referenced stablecoin launched by World Liberty last year.
