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Three unnamed "senior" employees helped the SEC win a $415 million settlement from the bank; Sherborne Investors takes a 5.2% stake in the British bank.
By George YacikMarch 20 -
The bank is the latest to report required pay discrepancies in their British units; the DOJ and SEC are looking into sales practices at the bank’s wealth management unit.
By George YacikMarch 19 -
House Republicans want more aggressive changes to Senate’s Dodd-Frank rollback bill; papers scrutinize the heir apparent to Lloyd Blankfein.
By George YacikMarch 16 -
The measure easily passes with a two-thirds majority; Wells Fargo CEO's pay up by a third, but no cash bonus.
By George YacikMarch 15 -
Smaller bank stocks have outperformed the big banks with the prospect of Dodd-Frank rollbacks; Trump “very strongly” pondering TV analyst for adviser role.
By George YacikMarch 14 -
Investment banker appears to be the choice to succeed to Lloyd Blankfein; CNBC commentator is being vetted as chief White House economic adviser.
By George YacikMarch 13 -
Goldman Sachs CEO Lloyd Blankfein is reportedly considering leaving by the end of this year; American Express plans to reduce its merchant fees to stay competitive.
By George YacikMarch 12 -
Federal Reserve warns that nonbank lenders pose risks to the financial system; Swift says the technology needs more work.
By George YacikMarch 9 -
Sen. Durbin wants the bank to ease its college marketing efforts; the Consumer Bankers Association wants the government to make more room for private lenders.
By George YacikMarch 8 -
Economic adviser leaves after President Trump announces steel tariffs; Senate votes to begin debating Dodd-Frank changes, which are expected to pass later this week.
By George YacikMarch 7