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Today: March 21, 2025
Today: March 21, 2025
Lananh Nguyen

Lananh Nguyen

Staff Writer

Latest From Lananh Nguyen

Business|Economy|Finance|Political|US

US Treasury's Bessent defends Trump tariff upheaval, vows 'maximum sanctions'

U.S.

US Treasury's Bessent defends Trump tariff upheaval, vows 'maximum sanctions'
Business|Finance|US

JPMorgan executive calls for 'more hustle' after return to office mandate

A JPMorgan Chase executive told thousands of employees he wanted "more hustle" days after the bank's CEO Jamie Dimon scorned staff pushback

JPMorgan executive calls for 'more hustle' after return to office mandate
Business|Economy|Finance|Political|US

Trump airs conservative complaints that Bank of America, JPMorgan deny services

U.S.

Trump airs conservative complaints that Bank of America, JPMorgan deny services
Business|Finance|Political|Technology|US

US Senate committee to hold Jan. 29 hearing on Trump commerce nominee

The Senate Commerce Committee said on Wednesday it would hold a Jan. 29 hearing on President Donald Trump's nominee to lead the Commerce

US Senate committee to hold Jan. 29 hearing on Trump commerce nominee
Business|Economy|Political|US

BofA CEO welcomes Trump's economic policies as 'good thing' for business

Bank of America Chief Executive Brian Moynihan on Tuesday welcomed economic policies announced by U.S.

BofA CEO welcomes Trump's economic policies as 'good thing' for business
Business|Economy|Finance|Political|US

Circle CEO expects imminent US executive orders to widen crypto

Circle CEO Jeremy Allaire expects U.S. executive orders "imminently" from President Donald Trump, which he said could allow banks to

Circle CEO expects imminent US executive orders to widen crypto
Business|Economy|Political|Technology|World

Economic grievances fuel support for hostile actions, Edelman global survey shows

Economic fears have escalated into grievances among 60% of people, with many believing hostile actions such as violence can be necessary to bring about

Economic grievances fuel support for hostile actions, Edelman global survey shows
Business|Finance|US

Citigroup outlines layoff process, reassignments in overhaul -memo

Citigroup has embarked on its biggest reorganization in decades, its managers are reviewing staff rosters to determine by

Citigroup outlines layoff process, reassignments in overhaul -memo
Economy|Finance|News|US

Young Americans cut spending, shun restaurants as prices rise -study

Most young Americans have cut their spending in response to persistent inflation over the past year, a Bank of America survey showed on Friday.

Young Americans cut spending, shun restaurants as prices rise -study
Business|Economy|Finance|US

Exclusive-Barclays to lay off dozens of US consumer employees - source

Barclays Plc is laying off dozens of staff in its U.S. consumer banking division as part of a global drive to cut costs, according to a source

Exclusive-Barclays to lay off dozens of US consumer employees - source
Business|Finance|Stock Markets|US

Analysis-US investment banks see early signs of revival in dealmaking

Major Wall Street firms said a dismal year of dealmaking appears to have hit a trough, and now some companies are looking to merge, offering

Analysis-US investment banks see early signs of revival in dealmaking
Business|Finance|Stock Markets|US

CEO Dimon to sell some of his JPMorgan shares for first time

JPMorgan Chase Chief Executive Officer Jamie Dimon will sell some of his shares in the largest U.S. bank next year for the first time in

CEO Dimon to sell some of his JPMorgan shares for first time
Business|Finance|Technology|US

BNY keeps ICBC off Treasury platform, waits for all-clear -sources

The Industrial and Commercial Bank of China's access to an electronic settlement platform for U.S.

BNY keeps ICBC off Treasury platform, waits for all-clear -sources
Business|Economy|Finance|US

Exclusive-ICBC puts capital into US unit, seeks cyber review after hack

Industrial and Commercial Bank of China injected capital into its U.S. unit to help pay BNY Mellon $9 billion for

Exclusive-ICBC puts capital into US unit, seeks cyber review after hack
Business|Finance

Exclusive-Goldman Sachs discusses bigger bonuses for top traders, dealmakers -sources

Goldman Sachs bosses are considering fatter bonuses to retain star traders and dealmakers this year as the bank looks to win over some who were

Exclusive-Goldman Sachs discusses bigger bonuses for top traders, dealmakers -sources
Business|Finance|News|Stock Markets|US

Goldman CEO and predecessor Blankfein talk careers as analysts compete

Goldman Sachs Chief Executive Officer David Solomon and his predecessor gave career advice to about 4,000 analysts as junior bankers pitched for

Goldman CEO and predecessor Blankfein talk careers as analysts compete
Business|Economy|Finance|US

US bank profits to drop but industry stable after March crisis -analysts

U.S. bank profits are expected to shrink in the coming months, but the industry has regained its footing after the biggest bank

US bank profits to drop but industry stable after March crisis -analysts
Business|Economy|Finance|US

Goldman Sachs execs see steeper Treasuries curve, softer demand

Goldman Sachs expects the U.S. Treasuries curve to steepen in the long term, driven by rising fiscal spending, top executives said.

Goldman Sachs execs see steeper Treasuries curve, softer demand
Business|Finance|US

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|Finance|Technology|US

Goldman Sachs faces rocky exit from Apple credit card partnership

Four years after Goldman Sachs introduced a credit card with Apple, the Wall Street giant faces a costly exit from a partnership that is seen by

Goldman Sachs faces rocky exit from Apple credit card partnership
Business|Finance|Stock Markets|US

Morgan Stanley's straight-talking new CEO Ted Pick taking charge

When Ted Pick takes over as the new CEO of Morgan Stanley next week, the three-decade bank veteran's frank manner and steady hand will help

Morgan Stanley's straight-talking new CEO Ted Pick taking charge
Business|Finance

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|Economy|Finance|Stock Markets|US

Citigroup's laid-off employees in New York to be paid through April

Some Citigroup employees who are being laid off this week in New York, part of one of the biggest job reductions at a bank since the financial

Citigroup's laid-off employees in New York to be paid through April
Business|Finance

Factbox-Key executives at JPMorgan taking on new roles

JPMorgan Chase shuffled executives on Thursday to give them more experience running different businesses as Wall Street focuses on succession

Factbox-Key executives at JPMorgan taking on new roles

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