Wall Street’s Big Three have generated $52 billion in equity trading revenue this year, capturing about 80% of the market on rising margin lending to hedge funds.

Bank of America hired 1,000 contractors to patch software flaws exposed by Anthropic’s Mythos, offering a rare look at costs involved in defending against AI.

Morgan Stanley is expected to benefit from robust investment banking and equities trading revenue.

The U.S. Treasury Department announced a $1.2 billion penalty against Bank of America on Tuesday.

The Goldman Sachs board has reportedly discussed replacing CEO David Solomon, 64, with president John Waldron, 57, as early as next year.

The muted outlook from the country’s second-largest bank by assets could be an early signal that Wall Street’s AI boom might have hit turbulence.

Goldman Sachs is embracing AI, but one of its senior tech leaders warns that it comes with an unintended risk: weakening the reasoning skills of future bankers.

Citigroup and Wells Fargo have room to buy a big regional bank as regulators have opened the door to megadeals. Five regional banks make sense as targets.

Matt Zames is taking an unpaid position to help his former JPMorgan colleague Frank Bisignano tackle modernization of the SSA, CNBC has learned.

Nvidia CEO Jensen Huang is pitching GPUs as long-term collateral to unlock $500 billion in funding. The question is how fast will his chips depreciate?