financial world
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Business
JPMorgan CEO Jamie Dimon warns Wall Street of recession
JPMorgan chief Jamie Dimon sounded the alarm about a possible recession, warning Wall Street to prepare for the threat of…
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Business
Goldman Sachs could face exodus over shallow bonus fund: sources
The bonus pool at Goldman Sachs doesn’t look as big and deep as CEO David Solomon had hoped, and that…
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Business
DJ’s ‘passion’ won’t distract Goldman Sachs’ attention
Goldman Sachs CEO David Solomon finally addressed the long-running controversy over his DJ hobby, insisting that playing records will not…
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Business
Citi Sued for Sexual Harassment in Lawsuit Citing ‘Notoriously Hostile’ Environment, Banker Like ‘House of Cards’
Citigroup was sued Monday by a managing director who said a former securities banker subjected her to sexual harassment and…
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Business
Wall Street’s top cop, Gary Gensler, needs to stop spinning the SEC’s wheels on futility and end the meme stock craze.
If you spend any time on social media, you may have heard that there is a big investment out there.…
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Business
Here’s how Wall Street bosses hope to get rid of lagging bankers this year
As Wall Street faces another year of sluggish dealmaking, top brass hopes another disappointing bonus season will push out underperformers.…
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Business
Citadel boss Ken Griffin sees Miami taking over New York as financial capital
Hedge fund manager Ken Griffin said there’s a chance Miami could one day overtake New York’s Wall Street as financial…
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Business
Goldman to hand out big bonuses to top performers despite bank’s falling profits: report
Goldman Sachs plans to hand out big bonuses to its star bankers, report says report – despite falling profits at…
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Business
Bill Ackman says he was never on ‘do not hire list’ after controversial Harvard letter
Hedge fund titan Bill Ackman rejected claims that he had created a “do not hire list” of Harvard students who…
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Business
Federal Reserve investigates Morgan Stanley over money laundering controls: report
The regulator is investigating whether the bank has enough controls in place to prevent wealthy foreign clients from laundering money,…
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