banks
Goldman Sachs exec gets board seat — a move likely making him bank's next CEO
"It does appear that firmer succession planning is underway," said Stephen Biggar, a banking analyst at Argus Research.
JPMorgan exec calls for 'more hustle' after Jamie Dimon slams staffers upset with office mandate
"We need more hustle and scrappiness," Rohan Amin, chief product officer of the Chase consumer business, wrote in a memo.
Why banks are flying gold bars on commercial flights from London to NYC
President Donald Trump's tariff plans have prompted some of the largest banks in the US and Britain to fly gold bars from London to New York City on commercial flights.
Goldman boss David Solomon’s job security hits all-time high — thanks to Trump
According to one former Goldman managing director, "Solly is fine; just look at the stock price. No one cares anymore that he could be a jerk.”
Citigroup axes DEI goals, makes major change on job interviews
"It is important to note that we're living in an environment where things are changing quickly," CEO Fraser wrote.
Wall Street banks scrub DEI language from websites in latest retreat from corporate wokeness: report
Morgan Stanley, JPMorgan Chase and Citigroup have been erasing the speech from their websites, according to a report.
Crypto kings cheer Trump's 'debanking' crackdown
Top crypto executives said they can already see a thaw in their relationships with banks, which are openly seeking business from the once shunned industry.
JPMorgan reportedly starts first round of layoffs with more cuts later this year
The largest US bank reported a record annual profit as its dealmakers and traders reaped a windfall from rebounding markets in the fourth quarter.
Goldman Sachs ends IPO diversity policy as Trump cracks down on DEI
It marks a major U-turn for Goldman amid a White House-led crackdown on what the Trump administration believes to be discriminatory hiring policies in the private sector.
Federal judge blocks Elon Musk’s DOGE from accessing sensitive Treasury Department records
The block stops Elon Musk’s Department of Government Efficiency from accessing Treasury Department records that contain information like Social Security and bank account numbers for millions of Americans.
This fledgling bank looking to profit as Wall Street giants push to 'debank' conservatives
Officials there tell On The Money that they’ve seen a significant upswing in business following Trump’s broadside where he called out JPMorgan Chase CEO Jamie Dimon and Bank of America’s...
Feds will soon loosen tough stance on digital assets as Trump embraces crypto
JPMorgan and Bank of America expect to be providing even basic services to crypto clients such as holding digital assets in custody, even buying bitcoin exchange-traded funds at their branches.
Wall Street banks sell $5.5B of X loans as investors bet big on Elon Musk: report
Banks unloaded $5.5 billion of debt holdings in X that they have been stuck with since 2022, when Musk acquired the site formerly known as Twitter.
Mom fired for taking leave to care for dying daughter who was battling breast cancer: lawsuit
“Within ten days of them letting me go, my daughter passed away.”
Biden 'debanked' his foes — Congress must defend right to dissent
Under Joe Biden, debanking became one of the federal government's most effective censorship tools — now the Republican Congress must take action.
How Obama, Biden crackdowns spurred ‘debanking’ fiasco for conservatives, crypto enthusiasts and more
Banks claim stringent regulations currently in place forced them to do so.
Elon Musk's X strikes payments deal with Visa in push toward 'everything app' goal
Visa will be the first partner of the X Money account, under which customers can instantly fund their X wallet and connect their debit cards for peer-to-peer payments.
Ex-Archegos CFO sentenced to 8 years after costly collapse roiled Wall Street
Halligan was convicted of securities fraud, wire fraud and racketeering conspiracy by a Manhattan federal jury last July.
Wall Street banks to sell billions in loans given to Elon Musk for purchase of X
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
Here's how much JPMorgan honcho earned in 2024 — and it includes a gigantic raise
The pay package included a base salary of $1.5 million and $37.5 million in incentives.