Bank Of America CEO Brian Moynihan is interviewed by Jack Otter during “Barron’s Roundtable” at Fox Business Network Studios on January 09, 2020 in New York City. John Lamparski | Ge...
Tag: breakingNewsGlobal
Binance, led by crypto billionaire, takes huge stake
Binance, the world’s biggest cryptocurrency exchange, is making a $200 million strategic investment in Forbes, the 104-year-old magazine and digital publisher, CNBC has learned. The funds will h...
American Express launches its first digital checking account for rewards-hungry consumers
American Express Rewards Checking Source: American Express American Express, known for its array of perks-laden cards, is jumping into the highly competitive arena of digital checking accounts. The co...
SoftBank-backed fintech DriveWealth is adding crypto to take on Coinbase’s ‘unsustainable’ fees
Bob Cortright of DriveWealth Source: DriveWealth DriveWealth, the SoftBank-backed start-up that helps fintech firms like Revolut offer stocks, is getting into cryptocurrency trading, CNBC has learned....
Citigroup CEO faces disgruntled workers, regulators’ demands in tough first year
Citi CEO Jane Fraser makes brief remarks during a meeting with U.S. President Joe Biden and fellow chief executives to discuss the looming federal debt limit in the South Court Auditorium in the Eisen...
Ex-Goldman CEO Lloyd Blankfein says ‘crypto is happening’ despite plunge in digital assets
Lloyd Blankfein, chairman and chief executive officer of Goldman Sachs Group Michael Nagle | Bloomberg | Getty Images Former Goldman Sachs CEO and Chairman Lloyd Blankfein said that his view of crypto...
Goldman partners mint $15 million pay packages as boom times return
Tourists are lined up for taking photos by the Charging Bull Statue in the financial district of New York City, United States on August 16, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Bonus se...
MS earnings 4Q 2021
James Gorman, chairman and chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview in Beijing, China, on Thursday, May 30, 2019. Giulia Marchi | Bloomberg | Getty Ima...
BAC earnings 4Q 2021
Brian Moynihan, chairman and chief executive officer of Bank of America Corp, speaks in New York City, September 25, 2019. Shannon Stapleton | Reuters Bank of America on Wednesday topped analysts̵...
Goldman CEO says he sees ‘real wage inflation everywhere’ after 33% jump in pay expenses
People walk along Wall Street in the rain on July 08, 2021 in New York City. Spencer Platt | Getty Images Wall Street firms are playing catch up with employee compensation, boosting pay in the second ...
Goldman earnings 4Q 2021
David M. Solomon, Chairman and CEO of Goldman Sachs, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, April 29, 2019 Mike Blake | Reuters Goldman Sachs is sch...
Jamie Dimon says CEOs `shouldn’t be crybabies about it’
Jamie Dimon, chief executive officer of JPMorgan Chase & Co. Giulia Marchi | Bloomberg | Getty Images Banks have been one of the main beneficiaries of high inflation recently because their profit ...
JPM earnings 4Q 2021
JP Morgan CEO Jamie Dimon listens as he is introduced at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, U.S., November 23, 2021. Brian Snyder | Reuters JPMorgan Chase post...
Crypto exchange Gemini pushes into wealth management with acquisition of BITRIA
David Abner, Gemini’s Global Head of Business Development. Source: David Abner Gemini, the $7.1 billion crypto exchange, is getting into wealth management with the acquisition of a digital asset...
Fintech start-up MX names new CEO as firm prepares for sale or IPO
Shane Evans, interim CEO of fintech platform MX. Courtesy: MX Fintech start-up MX has named Shane Evans its interim CEO as the company prepares for an initial public offering or possible sale, CNBC ha...
Jamie Dimon sees the best economic growth in decades, more than 4 Fed rate hikes this year
Jamie Dimon said the U.S. is headed for the best economic growth in decades. “We’re going to have the best growth we’ve ever had this year, I think since maybe sometime after the Gre...
Citigroup will terminate unvaccinated workers by Jan. 31, a first among Wall Street banks
Pedestrians cross a road in front of a Citigroup Citibank branch in Sydney, Australia, on June 1, 2018. Brendon Thorne | Bloomberg | Getty Images Citigroup will be the first major Wall Street institut...