Workplace

Bank of America boosted Chief Executive Brian Moynihan’s compensation 31% to $32 million for 2021, a year in which the firm set a record for profitability. 

The cryptocurrency has made its way to the workplace.

Deutsche Bank is seeking to tighten oversight of employees' electronic communication amid a clampdown by U.S. regulators on the widespread use of services such as WhatsApp in the financial industry. 

American Express is encouraging staffers in New York and the U.K. to start returning to the office next month as COVID-19 cases recede globally.

Citigroup created a new team inside its trading division that will focus on working closely with minority depository institutions and diverse broker-dealers and asset managers.

Wages, marketing spending and technology investments are all on the rise. While higher interest rates should eventually help tame inflation, it's not clear how quickly banks will be able to limit their spending increases.

Helena Haynes-Carter will lead the Cleveland bank’s efforts to hire and retain a diverse pool of employees.

The advisors’ success offers lessons for aspiring wealth professionals and brokerages aiming to change a predominantly white and male industry.

Deutsche Bank employees returned to the lender's headquarters in New York on Monday after working from home during the recent surge in COVID cases fueled by the omicron variant.

Solomon jumped alongside Morgan Stanley’s James Gorman as the best-paid CEO at a major U.S. bank, followed closely by Jamie Dimon at JPMorgan Chase.

Bank of America is among Wall Street firms seeking to hold onto employees at risk of being poached as competition for top performers escalates.

Bessant & Erdoes: In conversation

The Toronto-based bank is ramping up hiring on both sides of the border and looking for expertise in cloud technology, machine learning and more.

Bank of America is rewarding almost all of its employees with a pool of $1 billion in restricted stock, further boosting compensation as financial firms compete to attract and retain workers.

Bank of America employees have returned or are making their way back in the coming weeks based on their region’s COVID-19 data and medical guidelines, according to people with knowledge of the plans.

The Florida company spent nearly $7 million in the fourth quarter on the payouts, which were made in recognition of work done during the pandemic.

The question is unfair to people who have never been found guilty or have been accused of minor offenses. It’s especially unfair to minority applicants.

JPMorgan Chase raised Chief Executive Jamie Dimon’s total compensation 10% to $34.5 million for his work in 2021, the firm’s most profitable year on record.

In this fireside chat, Ida Liu, the global head of Citi Private Bank, covers a range of topics, including how digital client engagement is evolving.

Google has hired former PayPal executive Arnold Goldberg to run its payments division and set a new course for the business after it scrapped a push into banking.