Long Island Rep. George Santos May Have Faked His Resumé: Report
An investigative report said that Long Island Republican Rep. George Santos did not work at two Wall Street firms and had a criminal record in Brazil.
Goldman Sachs Announces Exit From Russia
Goldman Sachs announced on Thursday that it would be winding down its operations in Russia, but other major Western banks are more reluctant to cut ties just yet.
Yale Professor Lists US Companies That Haven't Left Russia
As hundreds of Western businesses exit Russia over its invasion of Ukraine, a Yale professor has shared a list of those that are not following them out the exit.
UK Banks Asking Workers To Return To Offices
As Prime Minister Boris Johnson announced the United Kingdom will ease its COVID protocols, major banks such as Goldman Sachs and HSBC have asked their employees to return to offices.
US Judge: Citi Can't Get Back $500 Mn It Wrongly Paid Out
US judge: Citi can't get back $500 mn it wrongly paid out
Large US Banks Eye Improving Economy After Rocky 2020
Large US banks eye improving economy after rocky 2020
US Stocks End Mostly Up, Shrugging Off Trump Stimulus Threat
US stocks end mostly up, shrugging off Trump stimulus threat
$600 Stimulus Checks Aren’t Enough, Public Says
The latest stimulus measure as proposed would supplement state unemployment insurance with $300 a week and send another $600 to individual taxpayers.
Black Citicorp Executive To Leave Bank To Run For New York Mayor
Raymond McGuire has been one of the most prominent Black executives on Wall Street.
US Fines Citibank $400 Mn For Poor Risk Management Practices
US fines Citibank $400 mn for poor risk management practices
Citi Report Sees $16 Tn Drag On US Economy From Racism
Citi report sees $16 tn drag on US economy from racism
JPMorgan Pauses Reopening As Employee Tests Positive For COVID-19
JPMorgan Chase & Co. sent some of its Manhattan employees home this week after an employee in equities trading tested positive for Covid-19, Bloomberg reported.
Citigroup's Jane Fraser First Woman To Break Wall Street's Glass Ceiling
Citigroup's Jane Fraser first woman to break Wall Street's glass ceiling
Citibank Names Jane Fraser Its First Female CEO
Fraser will succeed Michael Corbat, who is stepping down in February after eight years.
Citigroup Names Jane Fraser As First Woman CEO
Citigroup names Jane Fraser as first woman CEO
Banks In US, Europe Preparing For Full Impact Of Pandemic
Aside from anticipated loan losses and bankruptcies, banks are also dealing with very low interest rates.
Hong Kong Banks Scrutinize Accounts Of 11 Officials Sanctioned By US
Banks are researching whether the networks of the officials put them at risk.
Morgan Stanley Blocks Interns In China From Accessing Remote Networks
Cybersecurity is a major source of tension between the U.S. and China
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Bank of America Second Quarter Earnings Drop 52%
Bank of America is particularly vulnerable to low interest rates
Stimulus Hopes Boost US Stocks As European Shares Fall
Stimulus hopes boost US stocks as European shares fall
US Equities Rise As Dow Surges 557 Points, Nasdaq Underperforms, Yields Drop
U.S. stocks finished higher on Tuesday as the second quarter earnings season got underway.
Big US Banks Kick Off Second Quarter Earnings Season With Large Loan Loss Reserves
While JPMorgan Chase and Citigroup posted better-than-expected second-quarter earnings, Wells Fargo reported its first quarterly loss since the darkest days of the recession.
Citigroup’s Second Quarter Profit Beats Analysts’ Forecasts
Citigroup prepares for a wave of expected loan defaults
US Stocks Turn Mixed In Midday Trading, Dow Rises
US stocks opened lower on Tuesday as JPMorgan Chase posted better-than-expected earnings
US Equities Drop On Plunging Bank Earnings, Grim Economic Data
U.S. stocks fell on Wednesday as major U.S. banks reported big declines in first quarter earnings.
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