banks
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Business
Wall Street bonuses set to surge by up to 35% this year: report
Wall Street bankers are set for a bumper payday with bonuses set to swell by as much as 35% after…
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Tech
Why is the internet down? What to know about the global Microsoft outage
An unprecedented global IT outage caused worldwide chaos Friday morning, leaving passengers stranded at airports, TV networks unable to broadcast…
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Opinion
Take Friday’s IT nightmare as a warning of what a cyberattack could do
The global Microsoft computer outage initiated by a faulty CrowdStrike security update gave us a taste of what actual cyberwarfare…
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Business
JPMorgan CEO warns inflation and rates may stay higher for longer
JPMorgan Chase CEO Jamie Dimon warned that inflation and interest rates may stay higher for longer than expected, even as…
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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
Wall Street bankers, lawyers losing out on hundreds of millions after Paramount’s scrapped Skydance merger: sources
Wall Street bankers and white-shoe law firms are losing out on hundreds of millions of dollars in fees after Shari…
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Business
Barclays suspends sponsorship of Live Nation music festivals after acts quit over Israel ties
Barclays on Friday suspended its sponsorship of all Live Nation music festivals in 2024 after various acts dropped out in protest over…
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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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