Browsing: Banking
Erica Williams wants the accounting industry to know that there’s a new sheriff in town, and she’s rolling up her…
Mnuchin to the rescue as commercial real estate loan victim NYCB secures over $1 billion lifeline
Embattled New York Community Bancorp announced a lifeline of more than $1 billion from a group of investors on Wednesday,…
Jefferies CEO advises anyone struggling with work-life balance to take ‘take control of their own choices’
While many in banking accept long hours as part of the job, one of the longest-serving CEOs on Wall Street…
Top economist warns of ‘unintended consequences’ from a banking regulation that will touch every corner of the economy
New banking regulations don’t typically generate much interest from the general public. Basel III Endgame (B3E) is a bit different—and…
Why a major Wall Street bank is accused of inventing a fake job title and telling its new ‘head of loan trading’ in Germany never to use it
A banker on a €375,000 ($404,000) salary plus bonus was allegedly given a job title for a job he didn’t…
Trump’s finances hit by New York fraud case ruling: ‘I can imagine the Saudis lending him $300 million’
Donald Trump won’t face the corporate death penalty after all. A New York judge on Friday spared the ex-president that worst…
CEO of a $19 billion UK bank with business in Hong Kong since the Victorian age sees a ‘lack of confidence’ unraveling China’s economy
China’s struggling economy is down to a crisis of confidence. Take it from the head of Standard Chartered, the $19…
A helicopter carrying six people, including the co-founder of Nigeria’s biggest bank by assets, crashed in a Southern California desert…
Citi warns its investment bankers—less affected when 20,000 jobs were cut—to control their drinking at client events
Citigroup Inc. dealmakers were told to be disciplined when consuming alcohol at client events after the bank received complaints of unruly…
COP28 provided a forum for banks, insurers, investors, policymakers, and private sector organizations to discuss decarbonization in detail. One key…