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How France’s €100 billion national development bank is helping the French economy to thrive and redefining state-backed capitalism
Finance
How France’s €100 billion national development bank is helping the French economy to thrive and redefining state-backed capitalism
By Phil Serafino, Albertina Torsoli and BloombergAugust 27, 2024
Woman sitting in an empty dark office along
Finance
Bank of America tells junior execs to blow the whistle on managers who overwork them
By Paolo ConfinoAugust 14, 2024
The HSBC Holdings Plc offices, left, in the Canary Wharf business, financial and shopping district in London, UK, on Tuesday, June 27, 2023. HSBC Holdings Plc has been looking for alternatives to its docklands skyscraper as it looks for a more flexible workspace and adapts to the post-Covid cityscape, and said its preferred option is BT Group Plc's former head office near St Paul's Cathedral. Photographer: Chris J. Ratcliffe/Bloomberg via Getty Images
Finance
HSBC promotes Georges Elhedery as next CEO: One of the ‘biggest seats in global finance’
By Harry Wilson, Denise Wee and BloombergJuly 17, 2024
Citibank's London office.
Finance
Trader’s ‘fat finger’ costs Citi $79 million after U.K. fines bank over mistake that triggered 2022 market spasm
By Dylan SloanMay 22, 2024
JPMorgan CEO Jamie Dimon
Leadership
Jamie Dimon shocks Wall Street, hinting at his retirement in the next five years and reciting a laundry list of red flags about the global economy
By Paolo ConfinoMay 21, 2024
JPMorgan Chase CEO Jamie Dimon urged the U.S. once again to reduce its national deficit, warning it will become “far more uncomfortable” if financial markets force the government’s hand.
Finance
Jamie Dimon once again says we should tackle the national deficit: ‘That is important for the world’
By Sunny NagpaulMay 17, 2024
Columbia professor Tomasz Piskorski warned banks could become "less relevant" as private credit and nonbank lenders continue to eat up market share in the lending landscape.
Finance
‘Banks continue to become increasingly less relevant’: the professor who sees a $2 trillion hole in the economy predicts a thinning of the herd
By Dylan SloanMay 16, 2024
Bank of America CEO Brian Moynihan during a Bloomberg Television interview in New York, US, on Tuesday, March 19, 2024.
Finance
A 35-year-old junior Bank of America associate suddenly died—and it’s ignited discussions about Wall Street’s intense working conditions
By Sunny NagpaulMay 8, 2024
Martin Gruenberg
Personal Finance
Troubled Philadelphia-based bank implodes in first failure of the year
By The Associated PressApril 26, 2024
Vietnamese property tycoon Truong My Lan, in the center, looks on at a court in Ho Chi Minh city on April 11, 2024.
Finance
Vietnam’s ‘blazing furnace’ sees real estate mogul sentenced to death for $12 billion fraud. It’s the biggest eruption yet in Asia’s volcanic housing bust
By Sunny NagpaulApril 12, 2024
man in collard shirt and jacket speaking onstage
Newsletters
JPMorgan says its $30B racial equity pledge is nearly complete and will become a permanent part of the bank’s business
By Ruth UmohApril 10, 2024
Former bank manager stands to scoop $637,000 settlement after being fired for using the N-word in an anti-racism class
Finance
Former bank manager stands to scoop $637,000 settlement after being fired for using the N-word in an anti-racism class
By Ryan HoggJanuary 11, 2024
An image of the Credit Suisse logo on a storefront.
Leadership
What bank CEOs should communicate to reassure clients their money is safe
By Paolo ConfinoMarch 30, 2023
The xenophobic questioning of TikTok’s CEO highlights the outsider status of Asian Americans in the U.S
Newsletters
The xenophobic questioning of TikTok’s CEO highlights the outsider status of Asian Americans in the U.S
By Ellen McGirtMarch 28, 2023
Silicon Valley Bank’s collapse is a blow to Black founders and immigrant entrepreneurs
Newsletters
Silicon Valley Bank’s collapse is a blow to Black founders and immigrant entrepreneurs
By Ellen McGirtMarch 21, 2023
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