https://www.taxtmi.com/news?id=30376 Bank regulatory balance and risk management are emphasized as major U.S. banks posted strong results: JPMorgan reported sharply higher quarterly and record annual profits driven by investment banking fees, markets revenue, and consumer account growth, with slightly lower loan-loss provisions and reduced interest income. Wells Fargo also showed large earnings gains while committing to strengthen financial crimes controls and suspicious-activity monitoring under a regulatory agreement. en-us Wed, 15 Jan 2025 19:31:03 +0530 Wed, 15 Jan 2025 19:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=30376 Bank regulatory balance and risk management are emphasized as major U.S. banks posted strong results: JPMorgan reported sharply higher quarterly and record annual profits driven by investment banking fees, markets revenue, and consumer account growth, with slightly lower loan-loss provisions and reduced interest income. Wells Fargo also showed large earnings gains while committing to strengthen financial crimes controls and suspicious-activity monitoring under a regulatory agreement. News - Wed, 15 Jan 2025 19:31:03 +0530 https://www.taxtmi.com/news?id=30376