banks
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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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Business
Jamie Dimon rakes in more than $180M from planned sale of JPMorgan stock
JPMorgan Chase CEO Jamie Dimon has sold about $33 million of his shares in the bank, a regulatory filing showed on Monday, completing…
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Business
Goldman Sachs CEO David Soloman warns inflation may prove ‘stickier’ than expected
Goldman Sachs CEO David Solomon warned Friday that inflation may prove more difficult to conquer than previously expected after back-to-back…
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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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Business
Citigroup, amid layoffs, gives CEO Jane Fraser bigger pay raise than Jamie Dimon
Citigroup increased Chief Executive Officer Jane Fraser’s compensation by about 6% to $26 million for 2023, the lender said in a…
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Business
Capital One considers acquisition of Discover Financial, source says
Capital One, an online consumer bank and credit card issuer backed by investor Warren Buffett, is considering a potential acquisition…
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Business
Trump’s historic civil fraud trial ruling could spur an NY business exodus
The men and women who run Gotham’s big banks and financial firms have had a long and somewhat tortured history with…
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Business
Wall Street firms hit with $81M in fines in latest WhatsApp, texting crackdown
A new group of Wall Street firms has agreed to pay more than $81 million in civil penalties to settle…
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Business
Goldman Sachs shuffles management committee as two bankers exit
Goldman Sachs is shuffling its management committee, in the latest indication of the power dynamics at the bank, the Wall Street…
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Business
JPMorgan CEO Jamie Dimon shuffles top bosses as Wall Street focuses on succession
JPMorgan Chase shuffled executives in its investment banking and consumer units on Thursday, giving them more experience running different businesses as Wall Street…
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