CEO may need to find a different solution.
The banker faces life in prison if convicted.
More than Jamie Dimon.
Bank of America's first-quarter earnings may not blow investors away, but they may be the best of what is likely to be a lackluster bank earnings season.
JPMorgan has named John Horner treasurer and chief investment officer, succeeding Craig Delany, who announced his retirement last month.
He 'screwed this up'.
A senior HSBC executive has privately admitted that the bank is “cast-iron certain” to have another major regulatory breach in the future, and is struggling on multiple fronts to clean up its worldwide operations.
Paul Tudor Jones, who last week warned of the rising wealth gap sparking a revolution, just spent $71 million on an estate in Palm Beach, Florida.
Two members of UBS's Wealth Management Americas' executive committee have stepped down, while Robert McCann, the bank's most senior executive in the United States, is among six officials whose titles have changed from chief executive to president.
The big currency swings of the past three months have whipsawed many investors. Wall Street may end up loving the action.
Some 30 American companies were recognized for their efforts to boost diversity and inclusion.
A roughly 10% headcount increase.
Nomura expects about $600m to $700m of annual cost savings from restructuring its European equities business and cutting jobs there and in the Americas, according to people with knowledge of the matter.