JPMorgan Chase CEO Jamie Dimon taps two women execs as potential successors
JPMorgan Chase CEO Jamie Dimon has tapped two senior women insiders as his possible successors.
Financials
Wall Street giant Goldman Sachs seeks to reinvent itself as earnings slow
The traditionally Wall Street-focused investment bank is pivoting to the consumer market.
Citigroup's gun policy hasn't undermined earnings, CEO says
CEO Michael Corbat was pressed by a conservative activist on the impact of the policy on Tuesday.
Bank of America exceeds 1Q profit estimates amid 'solid' US economic growth
Net income grew to $7.3 billion in the quarter, higher than Wall Street estimates.
NY congresswoman AOC refuses to meet with banks' top brass
Alexandria Ocasio-Cortez may be the only local elected official of any prominence who continues to refuse meetings with the biggest employers in her city.
US stock averages slip as bank shares head lower
Investors continued to monitor U.S.-China trade talks as the Treasury secretary said Washington and Beijing were moving closer to a deal.
Profits sink at Goldman Sachs in 1Q as trading slows
Trading revenue fell 18 percent to $3.61 billion in the period.
Citigroup's 1Q profit rises, but revenue slips
Citigroup, like its large rivals, is aiming to bounce back from a tough fourth quarter.
Goldman Sachs 1Q profit, revenue falls
The big investment bank’s trading revenue dropped 18 percent to $3.61 billion compared with the year-ago quarter.
Wells Fargo beats 1Q earnings estimates amid new CEO search
The troubled lender is conducting a high-profile search for its next CEO.
Wells Fargo CEO drama eclipses struggling business
Revenue in the lender's three main divisions all fell in 2018.
Banks were ‘stupid’ during housing meltdown: Fmr. FDIC Chair
Ocasio-Cortez grilling Jamie Dimon on the financial crisis reflects a broader populist sentiment—not enough accountability, said Sheila Bair.
US bank CEOs: Hard Brexit poses no systemic risk, but outcome uncertain
The deadline for a "No Deal Brexit" is Friday, though Prime Minister Theresa May is pushing for an extension.
US bank CEOs voice support for independent Fed, decline to discuss Moore, Cain appointments
Chase CEO Jamie Dimon called the pick "not a traditional choice."
Chase CEO Jamie Dimon defends bank's firearm policy
Citibank and Bank of America previously instituted new gun policies.
Delta Air Lines forecasts upbeat 2Q, shares rise
Analysts say Delta's renewed deal with American Express Co earlier this month was likely to add about $400 million to its 2019 revenue.
Wall Street CEOs called to Capitol Hill, here's the list
The world's most powerful CEOs will get grilled on Capitol Hill.
US banks, in contrast to Wells Fargo, tout post-financial crisis improvements
The hearing is the first with CEOs of the largest U.S. banks in a decade.
Ray Dalio, capitalism and white man's guilt
Dalio is a particularly odd guy to be calling balls and strikes on capitalism.
Aramco sets record with $100B demand for landmark bond
State-owned Aramco is expected to raise more than $10 billion from the deal.