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Credit Suisse has picked outgoing Lloyds Bank CEO António Horta-Osório as its...
Summary List PlacementCredit Suisse has named outgoing Lloyds Banking Group CEO António Horta-Osório as its next chairman, it said on Tuesday, bringing the nearly decade-long tenure of outgoing...
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Deutsche Bank could 'conceivably' move half its 4,600 New York staff to...
Summary List PlacementDeutsche Bank could move up to half of its 4,600 Manhattan employees to smaller hubs across the US in the next five years, the boss of the bank's Americas business told the...
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The bank that lent Trump money to buy an $18 million home next to Mar-a-Lago...
Summary List PlacementProfessional Bank on Tuesday said that it would no longer do business with President Donald Trump and the Trump Organization.The bank, based in Coral Gables, Florida, joined two...
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Some banks are already taking PPP applications. Here's how to know which...
Summary List PlacementSmall businesses weathering the pandemic are on the brink of receiving federal relief. The Small Business Administration (SBA) is in the process of opening applications for the...
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JPMorgan's billionaire boss Jamie Dimon was again paid $31.5 million in 2020,...
Summary List PlacementJPMorgan's CEO Jamie Dimon, who in 2019 decried income inequality, was paid $31.5 million in 2020, the bank announced on Thursday.JPMorgan paid Dimon a salary of $1.5 million, as...
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Wells Fargo slashed CEO Charles Scharf's pay by around 12% last year
Summary List PlacementWells Fargo CEO Charles Scharf took about a 12% pay cut in 2020, earning $20.3 million, according to a regulatory filing disclosure.Scharf's annual pay dropped from $23 million in...
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Big banks, including Deutsche Bank and Bank of America, are testing employees...
Summary List PlacementMajor banks worldwide have launched COVID-19 testing programs in order to enable return to work for some employees during the pandemic.Some banks are offering their staff...
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Wells Fargo jumps as the bank reportedly gets Federal Reserve approval for...
Summary List PlacementWells Fargo stock surged to its highest point in 2021 on Wednesday following a report the Federal Reserve has indicated approval for the bank's overhaul plan, keeping the company...
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A botched wire transfer resulted in 'one of the biggest blunders in banking...
Summary List PlacementA federal judge ruled Tuesday that Citigroup will not be able to recoup half a billion dollars of its own money that accidentally sent to Revlon creditors in a financial...
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Walmart has reportedly lured away two Goldman Sachs bankers to help lead its...
Summary List PlacementAs Walmart looks to launch a fintech startup, the retailer is turning to Wall Street veterans to help it move into the banking world.Walmart Inc. has picked up two senior bankers...
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Jack Dorsey's Square kickstarts in-house banking services nearly a year after...
Summary List PlacementJack Dorsey's Square has launched a banking arm to "operate more nimbly."Utah-based Square Financial Services aims to offer business loans and deposit products.The bank will first...
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Wells Fargo is joining JPMorgan and Bank of America in giving staff up to 8...
Summary List PlacementWells Fargo has become the latest bank to encourage all employees to get COVID-19 vaccines by granting paid time off for their appointments, Reuters first reported.The bank will...
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Revolut is operating as a bank in 10 Central European countries, and hopes to...
Summary List PlacementRevolut has started operating as a bank in 10 Central European countries.Using a license issued in Lithuania, Revolut Bank will operate in Bulgaria, Cyprus, Croatia, Estonia,...
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HSBC has closed its main office in Hong Kong after an outbreak of COVID-19 at...
Summary List PlacementHSBC closed its main office in Hong Kong until further notice on Tuesday after three people working there tested positive for COVID-19.The region's Centre for Health Protection...
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Credit Suisse is overhauling its asset management business and has suspended...
Summary List PlacementCredit Suisse is overhauling its asset management business as it faces regulatory investigations into its dealings with Greensill Capital, warning on Thursday that its results and...
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Here's the simple 5-step COVID-19 questionnaire Wells Fargo is using to...
Summary List PlacementWells Fargo requires all of its employees to fill out a five-step COVID-19 questionnaire before they return to the office, a spokesperson told Insider.Staff must complete this...
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Goldman Sachs bosses reportedly sent snack boxes to junior staff after a...
Summary List PlacementBosses at Goldman Sachs sent snack boxes to London bankers in response to a survey in which junior staffers described "inhumane" working conditions at the bank in the US, The...
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Canada's biggest bank is giving staff a subscription to meditation app...
Summary List PlacementRoyal Bank of Canada is giving its employees an extra paid day off this year to avoid burnout from the COVID-19 pandemic — as well as a one-year subscription to the meditation and...
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Morgan Stanley handily beats first-quarter trading and investment-banking...
Summary List PlacementMorgan Stanley's first-quarter earnings report beat analyst estimates in every major category, but the strong results were overshadowed by a $911 million loss tied to the...
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HSBC scraps individual offices for execs and tells them to 'hot desk' instead...
Summary List PlacementHSBC has moved top managers out of their individual offices in the bank's London headquarters as part of its post-pandemic working plan, and is asking them to share desks...
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