Big banks to pay nearly $2 billion for ‘widespread and longstanding failures’ in keeping text-message records
admin Nearly a dozen financial institutions agreed to pay more than $1.8 billion collectively for failing…
Read MoreCitigroup Inc.
Senators drill down on Zelle reimbursements, inflation and ‘uber-woke’ policies in bank CEO hearing
Democratic senators criticized banks for not serving consumers fairly while Republicans complained about liberal social…
Read MoreJamie Dimon, Jane Fraser and other CEOs are heading to Capitol Hill this week for their annual grilling
CEOs from the largest consumer-facing banks in the U.S. are scheduled to testify on Capitol…
Read MoreJPMorgan and Goldman are still top dogs in investment banking but business shrinks significantly in 2022
JPMorgan Chase & Co. and Goldman Sachs Group Inc. held on to their one-two rankings…
Read MoreBank CEOs are heading to Capitol Hill this week for their annual grilling
CEOs from the largest consumer-facing banks in the U.S. are scheduled to testify on Capitol…
Read MoreAnshu Jain, former Deutsche Bank CEO in its trading heyday, dies at 59
Anshu Jain, Cantor Fitzgerald’s president and former CEO of Deutsche Bank from 2012 to 2015,…
Read MoreMcDonald’s set to reopen in some cities in Ukraine — report
McDonald’s Corp. is set to reopen some of its restaurants in Ukraine, according to a…
Read MoreMerger Monday brings fresh hope to investment bankers facing talk of head count reductions
A flurry of merger deals on Monday marked a bullish sign amid talk of lower…
Read MoreSantander withdraws bidding for Citi’s Banamex
Banco Santander SA said Friday that it won’t continue the bidding process for Citigroup Inc.’s…
Read More
Goldman Sachs, Bank of America earnings shrink but offer some bright spots
Goldman Sachs Group Inc. and Bank of America Corp. shares rose Monday on stronger-than-expected second-quarter…
Read More