Bloomberg President Donald Trump attacked the Federal Reserve in a tweet on Monday, saying the US central bank “probably will do very little” to counteract actions by Europe and China to ease monetary policy. Fed officials are widely expected to lower interest rates by a quarter-percentage point when they meet on Tuesday and on Wednesday in Washington. Trump has been ...

Bloomberg JPMorgan Chase & Co is hoping to a grab a larger slice of Germany’s private-banking market as wealthy individuals increasingly turn to international companies for advice. Traditionally, rich Germans have often maintained loyal relationships with one local lender and one from Switzerland, according to HakanStraengh, who runs JPMorgan’s private-banking business in Germany from Frankfurt. However, the company is seeing ...

Bloomberg Each year, banks reap billions of dollars from overdraft and other fees. A new analysis of more than 500,000 US users on investing app Stash found women pay a disproportionate amount of those penalties. Male Stash users, the survey found, pay $182 per year in fees, while women pay $214, or 18 percent more. That includes late fees as ...