Student loans haven't delivered their promise of a middle-class life for millions of Americans, and the U.S. system of financing higher education via individual borrowing is making inequalities in the country worse, according to a new study.

The nation's three largest lenders — Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group — said they are allowing more flexibility, eschewing a minimum number of office days per week, as experienced elsewhere.

Fidelity Investments is hiring an additional 100 people for its digital assets unit, stepping up an expansion that started in May and taking advantage of turmoil among crypto firms to lure talent. 

JPMorgan Chase is set to add another 20 people to its Saudi Arabia operation by the end of the year as it looks to capitalize on one of the world's few bright spots for equity capital markets, despite simmering political tensions between U.S. President Biden and Saudi Crown Prince Mohammed Bin Salman.

Becoming a director can be an important stepping stone for a banker's career. Here's how to get invited — and convince your company to let you accept a board offer.

Deutsche Bank laid off dozens of origination and advisory staffers within its investment banking division globally as fears of a recession stymie dealmaking, according to a person with knowledge with the matter.

BNP Paribas was told by French judges it shouldn't have excluded bonuses from its calculations to close the gender pay gap, in a ruling that's likely to have ramifications for the local banking industry.

JPMorgan Chase has hired a new head of digital assets regulatory policy, less than a month after CEO Jamie Dimon told lawmakers that cryptocurrencies are "decentralized Ponzi schemes."

Bank of America outlined a series of next steps for the thousands of employees returning to its offices globally, as it seeks to cement its post-pandemic approach to work.

JPMorgan Chase must face a lawsuit from a former trader who claims he was fired in retaliation for cooperating with U.S. prosecutors investigating illegal spoof trades at the bank's precious-metals trading business, a federal judge in New York ruled.