JPMorgan, Bank of America and Other Banks Explore a Deal to Shake Up Payments World

A deal for a card network could allow bigger transaction fees, but some bank executives are worried about backlash.

BOE Sees Heightened Threat to Financial Stability as Leverage in Equity Markets Rises

In its twice-yearly report, the bank's Financial Policy Committee said steps towards securing a lasting resolution to the conflict between the U.S. and Iran had helped reduce, but not eliminate, some threats to stability.

Private-Equity Firms Are Sitting on a Nine-Year Backlog