banking
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Business
Top Wall Street rainmaker left Evercore after ‘affair’ with younger banker: sources
A top Wall Street dealmaker left an elite New York investment bank after his bosses found out he allegedly had…
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Business
Goldman Sachs will reportedly fire more than 1,300 employees
David Solomon is sharpening the axe again. The Goldman Sachs CEO will slash more than 1,300 jobs as part of…
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Business
Goldman Sachs CEO David Solomon flew to Paris after ‘banning’ staff from Olympics
Goldman Sachs CEO David Solomon jetted off to Paris this week ahead of the Olympic Games — just three months…
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Business
JPMorgan warns customers they may have to pay for checking accounts
A top JPMorgan Chase executive warned the bank’s 86 million customers that their currently free checking accounts may soon carry…
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Business
Morgan Stanley taps AI to do ‘grunt work’: report
Morgan Stanley’s money men will no longer need to spend hours writing up notes from endless Zoom calls after the…
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Business
Citi to lay off 430 employees in New York across different divisions
Citigroup will lay off 430 employees across different divisions in New York, the bank disclosed in filings with the State…
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News
Capital One to acquire Discover
Capital One will acquire Discover, according to a press release, which notes that those holding Discover shares will receive shares…
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Business
Citi to cut 20K jobs after worst fourth-quarter loss in 15 years
Citigroup plans to slash 20,000 jobs over the next two years after the struggling bank reported its worst fourth-quarter earnings…
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