banks
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Business
Biden to nominate CFTC’s Christy Goldsmith Romero to lead FDIC
President Biden will nominate Christy Goldsmith Romero, a Democratic member of the Commodity Futures Trading Commission, to replace Martin Gruenberg…
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Business
Wells Fargo fires more than dozen employees for allegedly simulating keyboard activity: report
Wells Fargo last month terminated over a dozen employees after reviewing allegations that they were involved in pretending to work by…
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Business
Citi asks 600 staffers to return to office full-time
Citigroup has asked its 600 US employees, who are eligible to work remotely, to return to the office full-time, it said…
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Business
Ex-Goldman Sachs VP rips bank’s ‘man’s world’ culture: ‘cried in the bathroom’
A former vice president at Goldman Sachs said she left a six-figure job at the Wall Street giant two years…
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Business
Citigroup fined $79M by UK regulators over ‘fat-finger’ failures
UK regulators fined Citigroup 61.6 million pounds ($78.5 million) for controls failings in its trading operations, one of the biggest sanctions for…
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Business
Bank of America trader dies following death of Leo Lukenas
A 25-year-old Bank of America trader suddenly died Thursday – just two weeks after the shocking death of Leo Lukenas…
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Business
Philly lender Republic First Bancorp seized by feds in latest regional bank collapse
US regulators have seized Republic First Bancorp and agreed to sell it to Fulton Bank, the Federal Deposit Insurance Corp.…
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Business
Seizure of $440M in JPMorgan funds ordered in suit over US-Russia sanctions
A Russian court ordered the seizure of $439.5 million in funds from JPMorgan Chase’s bank accounts in Russia that the…
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Business
Goldman Sachs, Bank of America shareholders reject plan to split CEO, chair roles
Goldman Sachs and Bank of America shareholders voted against proposals to divide the CEO and chairman roles at both banks on…
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