A proposed program in financial services analytics at the University of Delaware, funded by a $16.5m pledge from JPMorgan, has some faculty uneasy about the bank’s potential influence.
Sanford I. Weill, a silver-haired titan of Wall Street, sees a future for finance in Silicon Valley.
US Acquisitions in Europe Fall to Three-Year Low
The investigations by the federal government into JPMorgan Chase show "a bit of an aggressiveness" because of CEO Jamie Dimon's "notoriety" and the bank's success, William Daley, former JPMorgan man and White House chief of staff to President Barack Obama , told CNBC on Thursday.
Wells Fargo reported third quarter earnings that hit a record, the bank said on Friday, surpassing Wall Street's estimates as loans and deposits surged during the period.
Two Russian multimillionaires racked up a £130,000 ($207,116) bill between them in a head-to-head contest at a London nightclub to see who could amass the biggest bar tab.
A former senior bank examiner for the Federal Reserve Bank of New York sued her ex-employer, claiming she was fired because she refused to change her findings that Goldman Sachs lacked a firmwide conflict-of-interest policy.
Former trader Tom Hayes, who is facing criminal charges for the alleged manipulation of Libor interest rates, has changed law firms weeks before he is due back in a London court.
Barclays is facing court action in the US as energy regulators attempt to force the scandal-hit UK bank to pay a $470m (£330m) penalty for allegedly manipulating power prices in California.
JPMorgan Chase announced Thursday that it has gotten out of soon-to-mature U.S. Treasurys ahead of a possible default by the government.
Major investors in HSBC are arguing over whether the bank should stay in the UK or should move its headquarters abroad, as the giant lender faces an uncertain fog of regulation.
We’ve all been there: sometimes you start a company, run it successfully for a few years, and then realise you hitched your horse to a slowly dying technology and there’s nothing you can do about it.
A 14-year-old boy has solved a Rubik’s cube in under five seconds, beating the previous world record time by 0.35 seconds.