Wells contacts Bridgewater co-CEO; 1MDB suspect discussing plea deal
Eileen Murray has talked about leaving Bridgewater; A deal with Roger Ng could lead to charges against Goldman and its employees. ... Read full article
Eileen Murray has talked about leaving Bridgewater; A deal with Roger Ng could lead to charges against Goldman and its employees. ... Read full article
Big banks may have found a way to lower needed reserve levels; with Brexit delayed, Goldman will hold off on expansion. ... Read full article
Digital coin could be used for purchases across the internet; Berkshire vice chair says he would have let Sloan stay on at Wells. ... Read full article
Activist concedes he doesn't have the votes to join Barclays' board; How an "inevitable" deal fell through and where the banks go from here. ... Read full article
Political contributions from Wall Street rose, but did they influence policy?; bank stocks post biggest monthly gain since President Trump was elected. ... Read full article
CEO Solomon says the bank has not yet begun discussions with DOJ about its role in the scandal; the $1 billion buyback would be its first in 20 years. ... Read full article
Wall Street moves to compete with the low-fee financial services giant; activist investor has an uphill climb for a seat at this week’s annual meeting. ... Read full article
The bank agreed to pay $150 million to California to settle charges it hid the risks on the sale of mortgage bonds pre-crisis; foreign suitors circle Commerzbank while Deutsche Bank seeks answers. ... Read full article
Deutsche Bank and Commerzbank end merger talks; the digital money transfer unit has more than 40 million digital users, second only to JPMorgan Chase. ... Read full article
The Fed wants to make it easier for investors to own big stakes in banks without triggering oversight; Shelley O’Connor has been named head of the firm's two regulated bank entities. ... Read full article
Change in strategy to lure new customers; new FHFA director wants to make Fannie, Freddie “stronger, healthier." ... Read full article
Banks say easing rules on people with some criminal records will diversify the applicant pool; deal with Synchrony may be near. ... Read full article
Price hit "a grim reminder" about impact of soft interest rates; despite bitcoin's plunge, blockchain could be prominent in Wall Street's future. ... Read full article
Retail stars in bank earnings season as investment banking and capital markets sag; Dutch bank may be waiting in the wings if Deutsche can't close the deal. ... Read full article
Citi, Goldman, BofA earnings rose despite flat revenues; benchmark would be based on rates set on the American Financial Exchange. ... Read full article
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Bank's profits grow 5% on earnings growth; Citi's number 2 exec retirement shows the difficulty retaining a host of top executives. ... Read full article
Small banks rise up against “onerous contracts and sometimes mediocre digital offerings”; Quarles warns banks to speed up preparations for Libor sunset. ... Read full article
Three regulators warn Wells it hasn’t made enough progress on consent order; poor fourth quarter investment banking revenue ignites cutbacks. ... Read full article
Clayton is the latest to raise concerns about bank loans to highly indebted companies; Wells Fargo’s performance took a hit with its reputation. ... Read full article