Lananh Nguyen

Bank of America Chief Executive Brian Moynihan on Tuesday welcomed economic policies announced by U.S. President Donald Trump since his inauguration as a "good thing" for business.

Economic fears have escalated into grievances among 60% of people, with many believing hostile actions such as violence can be necessary to bring about change, according to a global poll by communications firm Edelman.

Investment bank Lazard's CEO, Peter Orszag, predicted a surge in dealmaking momentum to continue into next year, helped by private equity activity.

HSBC promoted Lisa McGeough to become its CEO for the United States at the start of next year, the bank said on Thursday in a statement first seen by Reuters.

BNY has agreed to buy Archer, a technology and operations provider that will help the U.S. bank expand its services to asset and wealth managers, the companies said on Thursday.

The co-chair of U.S. Republican presidential nominee Donald Trump's freshly minted transition team has begun tapping his network from a career on Wall Street to build a roster of thousands of candidates to serve in a potential administration.

Wells Fargo is being investigated by government authorities over issues in its anti-money laundering and sanctions programs, the bank said on Thursday in a filing.

16 hours ago ... Bank of America's corporate clients approved a record $500 billion in payments through its CashPro app by mid-year, up almost 40% versus the ...

Lazard swung to a profit in the second quarter, exceeding analysts' expectations as dealmaking surged.

21 Jun 2024 ... U.S. bank regulators said four major banks had shortcomings in their "living wills" - or plans that outline how they could be safely wound ...

Jun 12, 2024 ... Since it was founded 240 years ago by Alexander Hamilton, a U.S. founding father further immortalized in a Broadway musical, BNY has grown ...

HSBC's employee attendance has jumped to 80% at its new office in New York's Hudson Yards area, said Michael Roberts, CEO of HSBC in the USA and the Americas, on Thursday.

A Citigroup managing director said the bank failed to protect her from a supervisor's violent threats and abuse because of its "pervasive" culture of sexual harassment and gender discrimination, according to an amended legal filing on Monday.

Mar 27, 2024 ... Jefferies Financial's first-quarter profit missed analyst expectations, after it lost money on an investment in hedge fund Weiss ...

Financial industry heavyweights convened in New York last week to raise funds for a finance museum that has lost its iconic Wall Street address.

Bank of America secured a record 644 U.S. patents in 2023, up 13% from the previous year, as the lender focused on information security, artificial intelligence (AI) and machine learning, it said on Wednesday.

Feb 29, 2024 ... Citigroup will lay off 286 employees in New York, according to filings to the State Department of Labor, at a time the bank is carrying out ...

Feb 16, 2024 ... Goldman Sachs CEO David Solomon was awarded $31 million in compensation for 2023, up 24% from $25 million in 2022, the company said in a ...

Feb 9, 2024 ... Bank of America has brought in $10.5 billion in deposits and investments in the last four years after making deals with companies to provide ...

Goldman Sachs' board named David Viniar as its next independent lead director, succeeding Adebayo Ogunlesi when he steps down at the bank's annual meeting in April, according to a filing on Friday.