Today: September 08, 2024
Today: September 08, 2024

Latest From Lananh Nguyen

Business|News

Trump's Wall Street middleman taps network for potential administration roles

The co-chair of U.S.

Trump's Wall Street middleman taps network for potential administration roles
Business|Economy|Finance

BofA payments app for businesses handled record $500 billion by mid-year

Bank of America’s corporate clients approved a record $500 billion in payments through its CashPro app by mid-year, up almost 40% versus the same period in 2023,

BofA payments app for businesses handled record $500 billion by mid-year
Business

As Wall Street titans gather, finance museum searches for a home

Financial industry heavyweights convened in New York last week to raise funds for a finance museum that has lost its iconic Wall Street address.

As Wall Street titans gather, finance museum searches for a home
Business

BofA clinches record number of patents with AI, information security in focus

Bank of America secured a record 644 U.S. patents in 2023, up 13% from the previous year, as the lender focused on information security, artificial intelligence (

BofA clinches record number of patents with AI, information security in focus
Business

Goldman Sachs CEO Solomon gets 24% pay bump to $31 million

Goldman Sachs CEO David Solomon was awarded $31 million in compensation for 2023, up 24% from $25 million in 2022, the company said in a filing on Friday.

Goldman Sachs CEO Solomon gets 24% pay bump to $31 million
Business

Goldman Sachs names Viniar as lead director succeeding Ogunlesi

Goldman Sachs' board named David Viniar as its next independent lead director, succeeding Adebayo Ogunlesi when he retires at the bank's next annual meeting in

Goldman Sachs names Viniar as lead director succeeding Ogunlesi
Business

BofA's former head of wealth, private bank Keith Banks to retire

Bank of America executive Keith Banks, who ran several of its major businesses, will retire at the end of February after more than four decades in finance, the

BofA's former head of wealth, private bank Keith Banks to retire
Business

Goldman commodities head Emerson to retire, succeeded by Qin and Jindal-memos

Goldman Sachs' head of global commodities Ed Emerson will retire in March after more than 24 years at the Wall Street giant, according to a memo seen by Reuters.

Goldman commodities head Emerson to retire, succeeded by Qin and Jindal-memos
Business

Reuters NEXT - Lazard CEO says global political risk severe

Lazard Chief Executive Officer Peter Orszag says the geo-political risk to the global economy is severe and that if the U.S. government shuts down next week

Reuters NEXT - Lazard CEO says global political risk severe
Business

REUTERS NEXT - BofA CEO Moynihan says US economy headed for soft landing

Bank of America CEO Brian Moynihan said on Wednesday he expects a soft landing for the U.S. economy as consumer spending and commercial borrowing slow.

REUTERS NEXT - BofA CEO Moynihan says US economy headed for soft landing
Business|Economy

Alexander Hamilton's bank is getting a new name: BNY

The oldest U.S. bank is getting a new name. Bank of New York Mellon is embracing BNY as its new moniker, it announced on Tuesday.

Alexander Hamilton's bank is getting a new name: BNY
Business|Economy

HSBC's New York attendance jumps to 80% at new office

HSBC's employee attendance has jumped to 80% at its new office in New York's Hudson Yards area, said Michael Roberts, CEO of HSBC in the USA and the Americas, on

HSBC's New York attendance jumps to 80% at new office
Business|News|Political

Citi managing director details 'pervasive' sexual harassment in lawsuit

A Citigroup managing director said the bank failed to protect her from a supervisor's violent threats and abuse because of its "pervasive" culture of sexual

Citi managing director details 'pervasive' sexual harassment in lawsuit

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