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Warren Buffett tells Citigroup CEO to continue bank overhaul after 20,000 layoffs announced last week: Report
Finance
Warren Buffett tells Citigroup CEO to continue bank overhaul after 20,000 layoffs announced last week: Report
By Yi Wei Wong and BloombergJanuary 20, 2024
Custodia is leading a one-bank crypto crusade against the Fed and reviving claims of Operation Chokepoint 2.0
Newsletters
Custodia is leading a one-bank crypto crusade against the Fed and reviving claims of Operation Chokepoint 2.0
By Leo SchwartzJanuary 17, 2024
Close up of hand holding credit cards.
Personal Finance
Bank overdraft fees could drop to $3 under new Biden proposal: ‘Banks call it a service—I call it exploitation’
By Ken Sweet, Cora Lewis and The Associated PressJanuary 17, 2024
Jamie Dimon
Finance
Jamie Dimon’s dominance of Wall Street capped by the most profitable year in banking history, blowout forecast for 2024
By Hannah Levitt and BloombergJanuary 12, 2024
Jane Fraser
Finance
Citigroup to cut 20,000 jobs, take up to $1 billion charge as CEO Jane Fraser vows ‘2024 will be a turning point’
By Todd Gillespie and BloombergJanuary 12, 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
America’s big banks are hiding behind racial equity to avoid new capital standards–but refuse to disclose the demographics of their small business lending
Commentary
America’s big banks are hiding behind racial equity to avoid new capital standards–but refuse to disclose the demographics of their small business lending
By Carolina MartinezJanuary 10, 2024
Mike Mayo
Finance
Dimon reads him, Buffett writes to him and Solomon stares him down. It’s Mike Mayo, the star analyst who insists ‘market’s wrong, i’m not’ about his 2-year losing streak
By Bre Badham, Sridhar Natarajan and BloombergJanuary 9, 2024
Morgan Stanley executive chairman James Gorman
Finance
Outgoing Morgan Stanley CEO James Gorman, who saved the company after the 2008 financial crisis, gives himself an A- for his 14-year tenure
By Paolo ConfinoJanuary 4, 2024
Here’s when banks will be closing on Dec. 23 and Dec. 24
Finance
Here’s when banks will be closing on Dec. 23 and Dec. 24
By Chris MorrisDecember 22, 2023
heads of People shown against a Goldman Sachs sign on a wall
Finance
British Goldman Sachs top commodities trader is retiring after making $100 million in 3 years—topping what CEO David Solomon pulled in
By Prarthana PrakashDecember 13, 2023
Citigroup used a London banker as ‘scapegoat’ in $45M failure—now he wants to return to work for the bank after winning an unfair dismissal lawsuit
Finance
Citigroup used a London banker as ‘scapegoat’ in $45M failure—now he wants to return to work for the bank after winning an unfair dismissal lawsuit
By Ryan HoggDecember 13, 2023
Elizabeth Warren and Wall Street just declared a truce: ‘I am not usually holding hands with the CEOs of multibillion-dollar banks’
Finance
Elizabeth Warren and Wall Street just declared a truce: ‘I am not usually holding hands with the CEOs of multibillion-dollar banks’
By Irina IvanovaDecember 6, 2023
The U.S. economy could face ‘a perfect storm’ if Basel III Endgame goes into effect. Here’s why
Commentary
The U.S. economy could face ‘a perfect storm’ if Basel III Endgame goes into effect. Here’s why
By Kevin FromerDecember 6, 2023
Federal government warns banks about offering buy-now, pay-later lending that could come back to bite them
Finance
Federal government warns banks about offering buy-now, pay-later lending that could come back to bite them
By Paige Smith and BloombergDecember 5, 2023
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Economy
D.C.'s affordability headache has a silver bullet, new study shows: Tackling $40 trillion national debt would boost household income by $36,000placeholder alt text
By Eleanor PringleSeptember 23, 2026
Personal Finance
After 40 investors rejected Jeff Bezos’ Amazon pitch, his parents offered $245,573 of their retirement savingsplaceholder alt text
By Marco Quiroz-GutierrezSeptember 22, 2026
Personal Finance
Multimillionaire author Bill Perkins says parents should give kids their inheritance in their 20s when it can transform their lives—not when they dieplaceholder alt text
By Marco Quiroz-GutierrezSeptember 23, 2026
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