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The funds have brought in record amounts thanks to lowered fees and more salespeople; ex-Goldman managing director says in suit he was blamed for trades.
By George YacikAugust 10 -
U.S. authorities are forced to take action on some shady dealings up north; the Systemic Risk Council says weaker capital rules could deflate bank equity.
By George YacikAugust 9 -
The company says several banks and credit card issuers are interested in data sharing; rates may go even higher when corporate borrowers need to refinance.
By George YacikAugust 8 -
But data privacy is likely to deter banks from partnering with the social media company; the online listings company wants to "reshape" the market.
By George YacikAugust 7 -
With Blankfein retiring, the JPM chief will be the last crisis-era big bank CEO still in charge; earnings and big payouts are boosting bank equity prices.
By George YacikAugust 6 -
The charge calls into question the speed of the turnaround under CEO Brian Duperreault; the payout will be the Scottish bank’s first since the financial crisis.
By George YacikAugust 3 -
The $2.1 billion settlement is likely to be the last of the big toxic mortgage cases from the financial crisis; the move pressures rivals to lower prices.
By George YacikAugust 2 -
Treasury, OCC want to make it easier to compete with banks; the two banks will sell notes and other products through a broker network.
By George YacikAugust 1 -
Stock options offered employees during the financial crisis are now worth $3 billion; the JPM CEO says he talked with Jeff Bezos about a job two decades ago.
By George YacikJuly 31 -
The former SoFi CEO raises funds for his new venture despite recent admissions about dating employees; female employee says Mel Watt harassed her.
By George YacikJuly 30 -
The retailer is ending its nearly two-decade credit card relationship with Synchrony Financial; Mulvaney says the bureau will first negotiate, not sue, to settle disputes.
By George YacikJuly 27 -
Shemara Wikramanayake’s appointment is termed a “landmark”; the company’s stock falls 3% despite a 28% earnings increase.
By George YacikJuly 26 -
The digital currency’s price has rebounded to over $8,000 as a new ETF is in the works; three deals may indicate a resurgence of small bank M&A.
By George YacikJuly 25 -
The bank entangled in probe of Michael Cohen; Mayopoulos to leave at yearend, CFO Benson to become president.
By George YacikJuly 24 -
Purchase of data firm and cancellation of a stock buyback rile shareholders; smaller banks are concerned tariffs could hurt business lending.
By George YacikJuly 23 -
Kathy Kraninger emerges “unscathed” in testy Senate confirmation hearing; the bank is reportedly refunding money it charged customers for add-on services.
By George YacikJuly 20 -
The agency creates “regulatory sandbox” to help develop products, including crypto-based ones; FSOC agrees bank’s failure wouldn’t wreck the financial system.
By George YacikJuly 19 -
Goldman’s new CEO is expected to instill more corporate discipline; second quarter earnings jumped nearly 40% compared to a year earlier on higher revenues.
By George YacikJuly 18 -
David Solomon is officially named as Blankfein’s successor; the British bank is under pressure from an activist shareholder to boost its stock price.
By George YacikJuly 17 -
Succession plan could be formalized this week; bankers may be getting nervous about extending construction loans.
By George YacikJuly 16


















