Wirecard says missing $2.1B likely did not exist; withdraws forecasts
Chief Executive Officer Markus Braun quit on Friday
Wirecard seeks new financing strategy after Moody's junk downgrade
The scandal-hit company, whose CEO resigned on Friday, is desperately seeking to reassure investors after its search for the missing cash hit a dead end in the Philippines, prompting ratings agencies to react.
These US companies are observing Juneteenth as a work holiday this year
Nearly every state and Washington, D.C. recognizes the day as a holiday or observance, although it is not a federal holiday.
Wirecard slumps 40% as search for missing billions turns to Philippines
It is the second day of declines for shares of the company
Ex-Morgan Stanley diversity officer says bank cut her budget by 71%
A lawyer representing a former Morgan Stanley diversity officer who is suing the bank over racial discrimination said on Wednesday the bank cut her client's budget for promoting diversity and financial education by 71 percent from the time she started in wealth management to 2019.
HSBC revives plan to axe 35,000 jobs
In March, HSBC had postponed the job cuts due to the coronavirus
Morgan Stanley's ex-diversity chief suing firm, alleges racial discrimination
Morgan Stanley’s former global head of diversity is suing the finance firm, accusing it of racial discrimination, illegal retaliation and violating the Equal Pay Act.
Raymond James employee fired after confronting Black Lives Matter supporter writing message in chalk
The employee and a woman were captured on video questioning a man painting the Black Lives Matter slogan on what he says is his home.
The early coronavirus warning that woke up Wall Street
Before COVID-19 upended American life, the head of a $33 billion U.K. foundation told a collection of money managers how bad it was going to get. The alarm spread through the worlds of finance and business.
33% kept house payments current after winning coronavirus reprieve: Bank CEO
About 7 percent of mortgages handled by Citizens Bank have been granted forbearance.
Dun & Bradstreet files for a $1B IPO
The company plans to list on the New York Stock Exchange under the symbol DNB
Pompeo chides HSBC bank for 'corporate kowtow' to Beijing
U.S. Secretary of State Mike Pompeo on Tuesday chided British bank HSBC for backing moves by China to end Hong Kong's autonomy, saying such "corporate kowtows" got little in return from Beijing.
Chuck E. Cheese in talks with lenders about financing deals
Chuck E. Cheese in talks with lenders to raise money to avoid bankruptcy: sources
JPMorgan’s Jamie Dimon holds mini town hall in 1st employee meetup since surgery
It was Dimon’s first trip to meet employees since he underwent heart surgery in March.
Charles Schwab lands DOJ approval to buy TD Ameritrade
Charles Schwab Corp. said the U.S. Justice Department's antitrust division has closed its investigation of the company's proposed acquisition of TD Ameritrade.
Wall Street firm will pay junior bankers not to work
Evercore Partners Inc. is offering to pay incoming junior bankers up to $25,000 to delay starting their jobs during the coronavirus pandemic, according to external recruiters, a move that hasn't been seen on Wall Street since the last financial crisis.
AMC warns of 'going concern' as COVID-19 puts strain on theaters
The company, which operated about 996 theaters and 10,973 screens globally as of end-March, also warned that it may not have sufficient liquidity to tide over until its cash-generating operations are back to normal.
Western Union approaches MoneyGram about a deal: report
A deal would bring together the top two U.S. providers in that space
As NYSE reopens, CBOE sets opening day
The CBOE joins the NYSE in reopening.
NYSE closings are rare, a historic look back
A historical look at the events that closed the New York Stock Exchange.


















