Financials

U.S President-elect Donald Trump has asked Goldman Sachs executive Gary Cohn to head his White House National Economic Council, a group that coordinates economic policy across agencies, NBC News reported on Friday.

U.S President-elect Donald Trump has asked Goldman Sachs executive Gary Cohn to head his White House National Economic Council, a group that coordinates economic policy across agencies, NBC News reported on Friday.

Back in September, Chase ran out of the metal versions of their new Sapphire Reserve credit card because of such high demand. And, while it seems the card is still drawing a lot of attention (and applicants), it’s costing Chase money — as much as $300 million, in fact.

Back in September, Chase ran out of the metal versions of their new Sapphire Reserve credit card because of such high demand. And, while it seems the card is still drawing a lot of attention (and applicants), it’s costing Chase money — as much as $300 million, in fact.

Big banks have an unexpected message for President-elect Donald Trump: Don't trash the Dodd-Frank Act.

Big banks have an unexpected message for President-elect Donald Trump: Don't trash the Dodd-Frank Act.

The financial community is excited but concerned about the future of our country under President-elect Trump, according to TabbFORUM Survey.

The financial community is excited but concerned about the future of our country under President-elect Trump, according to TabbFORUM Survey.

A U.S. bank regulator is ready to fail Wells Fargo on a national scorecard for community lending, sources familiar with the decision said on Wednesday, in a move that could limit near-term expansion for the bank.

A U.S. bank regulator is ready to fail Wells Fargo on a national scorecard for community lending, sources familiar with the decision said on Wednesday, in a move that could limit near-term expansion for the bank.

President-elect Donald Trump has been a harsh critic of Dodd-Frank and its impact on the financial sector. But Rafferty Capital Markets Banking Analyst Dick Bove suggested Trump could work with the Federal Reserve to improve the relationship between the government and the banks, and boost the long-term growth of the sector without repealing Dodd-Frank.

President-elect Donald Trump has been a harsh critic of Dodd-Frank and its impact on the financial sector. But Rafferty Capital Markets Banking Analyst Dick Bove suggested Trump could work with the Federal Reserve to improve the relationship between the government and the banks, and boost the long-term growth of the sector without repealing Dodd-Frank.

BlackRock Inc. has hired a new global chief marketing officer from digital media company BuzzFeed as the world's largest money manager works to bolster its business from individual investors.

BlackRock Inc. has hired a new global chief marketing officer from digital media company BuzzFeed as the world's largest money manager works to bolster its business from individual investors.

U.S. banking regulators must defend tough rules governing Wall Street and resist efforts to dilute regulations that might prevent a future financial crisis, Federal Reserve Governor Daniel Tarullo said on Friday.

U.S. banking regulators must defend tough rules governing Wall Street and resist efforts to dilute regulations that might prevent a future financial crisis, Federal Reserve Governor Daniel Tarullo said on Friday.

Goldman's number #2 is itching to become a #1 in his own right.

Black Friday has come and gone. Cyber Monday is behind us, too. But if you are like most consumers, there’s still a fair amount of holiday shopping to be done, and if you’re not careful it could be your financial undoing.

Black Friday has come and gone. Cyber Monday is behind us, too. But if you are like most consumers, there’s still a fair amount of holiday shopping to be done, and if you’re not careful it could be your financial undoing.

Big changes may lie ahead for the nation's two mortgage giants.