banks

Why 9-to-5 businesses do not meet Americans’ local necessities

Nine-to-five businesses aren’t ‘good enough,’ suggests a new study. Instead, Americans want businesses to operate 24/7.

Millionaire investment banker filmed punching woman near Pride event quits job

Jonathan Kaye was identified as the man who was filmed punching the woman and knocking her unconscious in Park Slope on the night of June 8.

What's open on Juneteenth 2024? Post offices, banks and more

As the nation readies to celebrate its newest federal holiday, Juneteenth many are curious about what businesses and operations will be open this Wednesday.

Barclays suspends sponsorship of Live Nation music festivals after acts quit over Israel ties

The suspension comes after several artists, including country singer CMAT, metal band Ithaca and comedian Joanne McNally, pulled out of the events.

Wall Street bankers, lawyers losing out on hundreds of millions in fees after Paramount's scrapped merger: sources

Wall Street bankers and white-shoe law firms are losing out on hundreds of millions of dollars in fees after Shari Redstone this week made a last-minute decision to scrap plans...

Biden to nominate CFTC commissioner to lead 'toxic,' scandal-ridden FDIC

President Biden will nominate Christy Goldsmith Romero to replace Martin Gruenberg as chair of the Federal Deposit Insurance Corporation, the White House said.

Man who robbed bank, fought cops and hid cash and drugs in his rectum had been released from prison day before

Eric Walter Gray had just been released from San Quentin the day before a wild escapade in which he allegedly robbed a California bank and fought the cops.

Wells Fargo fires over dozen employees for allegedly faking work by simulating keyboard activity

The fired employees worked in the bank's wealth and investment management unit, according to the report.

Climate activists try to blockade NYC Citi Bank HQ in 'Summer of Heat on Wall Street'

Nearly two dozen people were cuffed by late Monday morning as climate protesters blockaded Citi Headquarters in Lower Manhattan, police said. A group of 150 activists crowded in front of...

Reason behind deadly Ohio city bank explosion revealed by investigators

A crew working in the basement area of an Ohio building intentionally cut a gas line not knowing it was pressurized before a deadly explosion this week, the National Transportation...

JPMorgan's Jamie Dimon says he could step down as CEO in as little as 2.5 years

At its investor day earlier this month, Dimon namechecked senior JPMorgan executives who run major divisions as CEO candidates.

Citi asks 600 staffers to return to office full-time as Wall Street reinstates pre-pandemic rules

New rules will make it hard for Wall Street banks to allow offsite work for roles such as trading.

Morgan Stanley's executive chairman stepping down at year's end

James Gorman spent 14 years at the helm and is credited with transforming the bank into a wealth management powerhouse.

Ex-Goldman Sachs VP rips bank's 'man's world' culture: 'I played golf, talked football, and cried in bathroom'

Lindsay MacMillan wrote that her grueling 7 a.m. to 10 p.m. daily schedule and long hours on weekends was dictated by "the male leadership."

Goldman CEO Solomon says Fed unlikely to cut rates this year: 'We're set up for stickier inflation'

His comments came after Fed policymakers said the central bank should wait several more months to ensure that inflation really is back on track to its 2% target before cutting interest rates.

Citigroup fined $79M by UK regulators over 'fat-finger' failures that caused sudden fall in stocks

The bank's London unit had a series of failings that "crystallized into trading incidents," the most striking of which was a mistaken $444 billion order in May 2022.

JPMorgan Chase CEO Jamie Dimon, 68, hints he'll retire sooner than expected

Dimon told analysts at JPMorgan Chase's annual investor day on Monday that "the timetable [for his retirement] isn't five years anymore."

25-year-old Bank of America trader dies — two weeks after death of 35-year-old banker who worked 100 hours a week

“The death of our teammate is a tragedy, and we are shocked by the sudden loss of a popular, young colleague," a spokesman for Bank of America told The Post.

JPMorgan Chase CEO Jamie Dimon warns interest rates could stay high: 'A lot of inflationary forces in front of us'

The JPMorgan Chase boss said investors need to gird for a prolonged period of high interest rates due to price pressures.

FDIC Chair Martin Gruenberg apologizes for toxic workplace culture amid calls to resign

Chairman Patrick McHenry argued Gruenberg would not tolerate similar behavior from bank executives at firms his agency oversees.