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BlackRock revamped its management on Thursday, greatly expanding the responsibilities of two rising stars on the list of potential successors to Chief Executive Officer Laurence D. Fink.
ABN-AMRO considered sending undercover security staff amid employees to help improve cyber security but has decided not to follow this practice, officials said.
Wells Fargo Chief Executive Timothy Sloan said during a town-hall meeting Thursday that the bank found "some instances" where reports by employees of bad behaviour to its ethics line weren't handled appropriately, according to remarks reviewed by The Wall Street Journal.
European banks got a second-day boost after Donald Trump’s presidential win on speculation his term will lead to increased inflation and an easing of financial rules.
There are two things that M&A bankers hate: protectionism and uncertainty.
Global banking businesses will face nightmarish decisions if the UK loses its access to euro-clearing trading as part of the Brexit negotiations, the Japanese ambassador to the UK has warned.
Trump advisors have floated the idea of naming Jamie Dimon as treasury secretary, but the JPMorgan chief has said he would not be interested.
Wells Fargo’s most senior executives decided early this year to remove retail-banking chief Carrie Tolstedt from her post, months before she announced plans to retire and her division became the epicenter of a national scandal.
Goldman Sachs President and COO Gary Cohn has been weighing his future at the firm and has had discussions about leaving, Dow Jones reported Wednesday.
Deutsche Bank upgraded Goldman Sachs stock to buy from hold, saying it seems well-positioned for a stronger macro environment.