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 promoted 155 employees to managing director this year, fewer than its 2023 cohort of 184, said a person familiar with the
By Tatiana Bautzer and Manya Saini Citigroup will cut 20,000 jobs over the next two years, the bank said on Friday, after reporting a $1.8 billion quarterly loss driven by a string of one-off charges.
Morgan Stanley's fourth quarter profit took a hit from $535 million in charges though revenue beat expectations on Tuesday as debt underwriting fueled a
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
Morgan Stanley's asset management division aims to double its private credit portfolio to $50 billion in the medium term as it gathers funds
New York state's attorney general's office said on Tuesday said it had sued Citibank for allegedly failing to protect customers from electronic
U.S. regulators have asked Citigroup for urgent changes to the way it measures default risk of its trading partners and the
Wall Street banks are raising billions of dollars to regain ground in lending to companies in debt-backed deals after giant private equity and
Citigroup expects investment banking fees to rise by a low-teens percentage in the first quarter versus the fourth quarter of 2023, CEO Jane Fraser told
Citigroup hired former Merrill Lynch executive Don Plaus as the head of its private bank in North America, according to a memo to staff seen by Reuters on
An error by S&P Dow Jones Indices may have contributed to volatility in shares of Morgan Stanley, Pfizer, PNC Financial Services Group and other stocks
Wall Street's cash bonuses fell 2% to an average $176,500 last year as financial firms took a more cautious approach to compensation, according to an estimate
Citigroup hired Richard Weintraub from UBS to head its wealth management group catering to family offices in the Americas, according to a memo seen by Reuters.
JPMorgan Chase seeks to expand the reach of its wealth management business and bring in more investments by offering a new planning tool to its 54 million Chase
Wall Street's bosses are finally seeing signs of a broader pickup in investment banking, but they are not cheering too loudly just yet.
Brazilian digital bank C6, which is backed by JPMorgan Chase, posted its first ever profit in the first quarter, as its revenue increased and credit losses fell
Two senior JPMorgan Chase dealmakers, Andy Lipsky and Haidee Lee, are leaving the bank, two sources familiar with the
First Citizens BancShares' first-quarter profit beat expectations as the lender earned higher interest income and started seeing benefits of its
Morgan Stanley shareholders should vote against its proposal for executive pay at the bank's annual meeting on May 23, according to a recommendation by
Citigroup CEO Jane Fraser told shareholders on Tuesday that U.S. consumers are becoming more cautious with their spending and making smaller purchases.
Citigroup could suffer billions of dollars of losses in its loan book if the world sped up efforts to tackle climate
Attorneys for Sung Kook “Bill” Hwang are expected to argue that prosecutors are pushing a novel and nonsensical market manipulation theory
Bonuses are poised to recover on Wall Street this year, fueled by strong equity market gains and recovery in investment banking, according to financial services
Viswas Raghavan joined Citigroup as its new head of banking this week in New York, the lender said on Tuesday, after it hired the former head of investment
Facing anti-DEI investigations, colleges cut ties with nonprofit targeted by conservatives
Hegseth says he'll meet with Musk at the Pentagon to discuss 'efficiencies'
Pentagon to brief Musk on top-secret plan for potential war with China, NYT reports
UCLA sued over 2024 mob attack on pro-Palestinian protesters
Israeli government agrees to Netanyahu's dismissal of Shin Bet head, statement
Shares of Hong Kong's CK Hutchison drop on dividend disappointment, volatile outlook
Detentions of European tourists at US borders spark fears of traveling to America
Drake's Division II transfers are proving they can win in March Madness
Oilers captain Connor McDavid misses 3rd period against Jets due to lower-body injury
