banking

Goldman Sachs CEO David Solomon warns Trump's tariffs are forcing CEOs 'to tighten their belts'

The Wall Street titan issued some of his bluntest public criticism of the White House's trade policy to date on Trump's 100 days in office.

Citi, Bank of America post higher profits as traders cash in on tariff turmoil

The banks reaped the benefits of investors adjusting their portfolios after being spooked about a possible return to protectionist trade policies, following a similar trend at JPMorgan and Goldman Sachs.

Goldman Sachs cashes in on stock market turmoil as bank posts $4.7B profit

Goldman Sachs released its earnings after President Donald Trump moved to cool threats of a global trade war.

Treasury secretary says US has '70 negotiations lined up' on tariffs, downplays recession risks

Bessent's comments as JPMorgan Chase CEO Jamie Dimon warned that a recession is a "likely outcome" from Trump's tariffs.

Prada taps investment bank to help with bid for luxury rival Versace

Prada is looking to drum up $1.5 billion to complete the takeover, with another $1 billion earmarked to relaunch and revive Versace's Medusa brand, according to an Italian newspaper.

Wall Street braces for wild ride on stock prices after Trump reveals tariffs on most imports

Stocks took a hit in after-hours trading after the commander-in-chief slapped a 10% baseline tariff on all exporters to the US as well steeper rates for nations he accuses of...

Goldman Sachs ripped over 'excessive' bonuses for CEO David Solomon, his No. 2 exec: 'Poor practice'

Goldman Sachs is catching fresh heat over massive bonuses it has pledged to CEO David Solomon and his No. 2 executive John Waldron.

UK giant HSBC cans bankers on bonus day

British banking giant HSBC fired a group of investment bankers on the day they were set to learn the size of their bonuses -- and denied giving them their annual...

JPMorgan analyst who slammed Jamie Dimon over RTO is apparently author of Reddit rants against CEO

Leaked screenshots from a previously top-secret Signal group show Nicolas Welch seemingly boasting about his Reddit rants aimed at employees of the US financial giant.

Banker charged with raping woman Manhattan woman

Harris is free on $150,000 cash bail.

Wall Street giant set to ax under-performing VPs in latest layoffs: sources

The move will see 3% to 5% of the bank's global workforce of 46,500 cut, sources familiar with the matter told The Post.

Widow shunned by JPMorgan over husband's $53K pension gets surprise check -- from good Samaritans

The David-versus-Goliath battle caught the attention of two insurance executives more than 600 miles away in North Carolina.

Citi bungle briefly credits client’s account with $81 trillion — instead of $280

The eye-popping error was missed by two employees before being caught by a third.

Americans slashed spending on major life plans under Biden due to economy fears: survey

The Wells Fargo  “Money Study” found that 33% of respondents said they were postponing buying a new home, one in six have delayed plans to go to college and one...

Jefferies banker who died of suspected overdose was working as much 100 hours a week: sources

Staffers described an increasingly toxic atmosphere as younger bankers were pushed to their limits to close megabucks M&A deals.

Banker found dead at 28 suspected of 'possible overdose' as police report drug evidence at scene

A 28-year-old Jefferies banker who died late last month is suspected to have been the victim of an accidental drug overdose, The Post has learned. Carter McIntosh, a junior tech...

JPMorgan CEO slams 'f---ing' anti-RTO petition: 'Don't waste time on it'

During a raucous town hall meeting on Wednesday, Dimon tore into the nearly 1,300 workers who signed a petition over the bank axing the COVID-era hybrid working arrangements.

Anti-woke activist targets Jamie Dimon's JPMorgan for DEI battle

Starbuck's comments come amid a White House-led crackdown on so-called 'woke' capitalism.

Donald Trump blasts Canada for 'banning' US banks: 'What's that all about?'

Sources said President Trump was singling out Ottawa's tougher approach to regulating its banking and financial sector.

Banker accused of slugging Brooklyn woman lands new job at Rothschild

The 53-year-old moneyman was scooped up by private bank Rothschild, multiple sources told Bloomberg.