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Trump calls on congress to cap credit card rates

January 21st 2026

President Donald Trump says he will ask Congress to implement a one-year 10% cap on credit card interest rates in a move that JPMorgan chief Jamie Dimon says would spell “economic disaster” for the US.

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JPMorgan disputes Frank founder Charlie Javice’s $74m legal fee claim

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Morgan Stanley predicts over 200,000 European banking jobs will be cut by 2030 – FT

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The top cybersecurity incidents of 2025 – and the lessons learned

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Citigroup to sell remaining Russian operations at $1.2bn loss

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The biggest fintech trends of 2025

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Lloyds to shut invoice financing, FT reports

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Wandhöfer appointed to spearhead open finance push in the UK

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SEC charges crypto platforms and investment clubs over social media scam

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Visa working with 100 partners on agentic shopping

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PSR to strengthen oversight of card payment fees

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Klarna to raise funding in USDC

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ABN Amro completes first blockchain-based ‘Smart Derivatives Contract’

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Post Office signs five-year deal with Cash Access UK

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Banking regulations and technology identified as key factors propelling economic abuse

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AI-based commercial trucking insurer Nirvana raises $100m

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BofE governor: AI likely to displace jobs

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EuroCTP named EU consolidated tape provider for shares and ETFs

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FCA to allow flexible contactless card payment limits from March 2026

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European payment fraud rate remains steady

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SoFi Bank launches stablecoin

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