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The BofA CEO’s $26.5 million salary was about the same as in 2018; investors hoping for quick riches still fall for cryptocurrency-based Ponzi schemes.
February 10 -
Tidjane Thiam submits his resignation; the two agencies said they will soon start accepting mortgages tied to the new rate and drop Libor by yearend.
February 7 -
The bank’s top shareholders want the chairman to quit if he won’t support the CEO; HSBC expected to go forward with job cuts while searching for permanent boss.
February 6 -
The bank’s former Asia investment banking co-chief is its third executive to be so punished; the agency says Telegram’s digital coin is a security.
February 5 -
The bank would make small-business loans on the online retailer’s platform; Fed survey says banks worry about increasing delinquencies, especially in subprime.
February 4 -
The bank is offering big bonuses to hire new financial advisors; recent share repurchases have raised the cost of future rebuys.
February 3 -
Banks would be allowed to own stakes in venture capital funds; the combined BB&T-SunTrust isn’t realizing cost savings as fast as it projected.
January 31 -
The bank raised its return-on-equity goals, based mostly on cost cuts and its core trading business; the Fed did raise the rate it pays on bank reserves.
January 30 -
The country’s banks plan to raise overdraft rates to 40%, which has regulator watching; starting this year pay increases won’t be retroactive to Jan. 1.
January 29 -
The regulators plan to drop the 3% limit on bank investments in venture capital funds; Visa invests in another fintech startup.
January 28 -
The move by the European bank regulator is a policy shift as profitability at the region's banks continues to suffer from negative rates; the German bank paid $1.1 million to win business from a senior Saudi royal.
January 27 -
The changes will mean a bigger gap between the best and worst borrowers; the bank will require companies they take public to have a ‘diverse’ board member.
January 24 -
Bank for International Settlements report says central banks don't have tools to handle climate change; banks could face different CRA rules.
January 23 -
Citi, Goldman chiefs say they won’t be pressured to stop financing companies based on carbon footprint; Vodafone bolts from Facebook’s digital currency project.
January 22 -
Moynihan says the bank’s consumer market share could be doubled; retail terminals would connect customer’s hand print with their card information.
January 21 -
The investment bank is raising its return on equity target following a record earnings year; Democrat lawmakers say JPMorgan's response on racial discrimination questions was inadequate.
January 17 -
Morgan Stanley’s profits rose 46%; the deal pressures China to open its financial services sector to U.S. firms.
January 16 -
JPM, Citi shrug off low rates as strong economy propels profits; digital currencies start year with gains as optimism about its future grows.
January 15 -
Bank beats estimates as earning soar 21%; a cyberattack on the American banking system could create havoc on financial stability.
January 14 -
Profits at big banks are expected to be up versus a year ago but down from the third quarter; add antiquated systems to the bank’s many problems.
January 13













