Deutsche Bank under investigation for compliance with money laundering laws: Report
Some activity being examined is reportedly linked to Jared Kushner’s family business.
Financials
When it comes to money, America makes it rain: Varney
Money is pouring in form all over the world.
Facebook's cryptocurrency Libra unveiled
Mark Zuckerberg’s company introduced its new cryptocurrency and related product.
Deutsche Bank to set up 50 billion euro bad bank in revamp
The bad bank would house or sell assets valued at up to 50 billion euros ($56 billion)- after adjusting for risk - and comprising mainly long-dated derivatives.
DOJ, major banks meet to address elder financial abuse
It’s unclear which banks were involved in the meeting.
Facebook cryptocurrency embraced by Visa, Mastercard, PayPal, Uber
The collection of financial firms and e-commerce companies will invest around $10 million each in a consortium that will govern the digital coin, according to people familiar with the matter.
Venezuela to issue 50,000 bolivar bill, equivalent to about $8
Maduro will have released new banknotes for the second time in less than a year.
Atlanta Braves stadium to get new name after BB&T-SunTrust merger
The two banks are expected to complete their merger this fall and gradually shift toward a combined operation with a new name, Truist Bank.
Goldman Sachs director praises firm during transition to be a woman
The white-shoe investment bank is living up to its promise by supporting transgender rights for one of its own.
JPMorgan Chase CEO Jamie Dimon: Socialism a 'big mistake'
The executive says the U.S. remains the most prosperous in the world, but policies need to be fixed to improve growth.
Harvard offers $12K class for wealthy millennials to learn to invest for good
The program targets young people who are coming into family wealth.
How millennials can cut the financial cord from their parents
Millennials will likely face eight key money milestones in their road to financial independence.
BNP Paribas USA CEO recounts helicopter crash at bank's NYC headquarters
BNP Paribas USA CEO Jean-Yves Fillion was sitting on the 33rd floor when the helicopter crashed just 21 floors above.
A Fed rate cut could wreck bank earnings - here's why
Traders are increasingly forecasting at least one Fed rate cut this year.
Intel's battle over retirement funds headed to Supreme Court
The plaintiff argued the company made investment decisions that cost beneficiaries hundreds of millions of dollars.
Wall Street week ahead: Top US bond managers betting bond market still has room to run
Bonds yields fall as security prices rise, leaving investors with capital appreciation gains.
Biden, Buttigieg, Gabbard hit Wall Street for money despite class warfare rhetoric
Financiers field donation requests as 2020 primary contest heats up.
Google to buy cloud company Looker for $2.6 billion
This marks the first major transaction of new CEO Thomas Kurian, a former Oracle executive.
UBS, Goldman warn market could be overstating odds of Fed rate cut
In his speech on Tuesday, Powell stressed that policymakers would respond if inflation remains persistently low.
Wells Fargo pledges $1B for affordable housing
Wells Fargo announced Wednesday it was pledging $1 billion through 2025 dedicated to the affordable housing initiatives as part of the embattled lender’s goal to dedicate 2 percent of its after-tax profits to philanthropy.