banking
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Business
Bank CEOs handed pay raises while junior bankers face stingy bonuses
Bank bosses enjoyed pay hikes in 2023, while rank-and-file workers were handed another year of stingy bonuses, according to this…
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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
Identity of Wall Street ‘meme-lord’ behind Litquidity account revealed
The Wall Street “meme-lord” behind the social media account Litquidity — which famously aired junior Goldman Sachs bankers’ gripes about…
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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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Business
JPMorgan posts record profits for 2023 despite 15% drop in Q4
JPMorgan Chase posted a record annual profit — nearly $50 billion — despite taking a $3 billion hit in the fourth…
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Business
Wall Street banks propel Dallas to No. 2 in number of finance workers
There’e big dollars flowing into Big D. Dallas has emerged as a new financial mecca, trailing only New York in…
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Tech
I’m a hacker — 5 signs your accounts have been compromised
Beware, cybercriminals may have access to your personal information — but there are some ways to spot it. “White hat…
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Business
The bank mistakenly deposits more than $86 million into the client’s account
A customer of Malaysia’s largest bank opened his account to discover that more than $86 million had been mysteriously added…
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Tech
Apple and PayPal could face bank-like oversight under watchdog proposal
The top U.S. consumer financial watchdog on Tuesday proposed regulating digital payments and smartphone wallet services from tech giants, saying…
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