Fri, Mar 16, 2018
5:47 pmIcahn, with 6 percent of Newell Brands shares, hasn't decided which side he's on
Other activists are trying to oust the board of Rubbermaid's parent, but Carl Icahn says he hasn't decided which side to support.
4:55 pmSteve Eisman, who called the 'Big Short' during last financial crisis, says he's sleeping easy now
Neuberger Berman portfolio manager Steve Eisman's top pick is Citigroup.
4:53 pmBank mergers will 'absolutely' accelerate thanks to regulation rewrite, predicts analyst Mike Mayo
Expect some smaller banks to get bigger now that changes are in the works for Dodd-Frank regulations, Wells Fargo's Mike Mayo says.
1:22 pmWells Fargo wealth management employees questioned by federal agents: WSJ
The government expands its investigation of the bank's sales practices from retail to wealth management.
12:25 amCramer on 2008 crisis: It could happen again 'because no one went to jail the first time'
"They didn't rob a 7-Eleven, where they would go to jail. They robbed us," CNBC's Jim Cramer says.
9:35 am10 years ago a Wall Street firm with $400 billion in assets collapsed. Why Bear Stearns could happen again
William Cohan believes two important lessons remained decidedly unlearned on Wall Street.
2:41 amThe big winners in initial coin offerings are lawyers, Ripple CEO says
Ripple CEO Brad Garlinghouse said the "winners" in initial coin offerings will come from the legal community.
Thu, Mar 15, 2018
3:55 pmGet ready to hear a lot more from Fed Chairman Jerome Powell than his predecessors
There's a growing anticipation that Fed Chairman Jerome Powell will holding news conferences after every meeting.
12:13 amBank regulation rewrite clears Senate but stumble could come in the House
The bill has the support of moderate Democrats, but some members of the House have said it doesn't go far enough and have threatened to tie up a vote by trying to add more provisions.
3:00 amCiti launches a Facebook Messenger 'chatbot'
The chatbot on Facebook Messenger is available to Citi's consumer banking clients in Singapore beginning Thursday.
Wed, Mar 14, 2018
9:57 pmWeChat joins list of Chinese technology banned by overseas militaries on security worries
Australia has instructed its armed forces personnel not to use the popular messaging and payment app, SCMP reported.
7:20 pmDespite woes, Wells Fargo gives CEO Sloan $4.6 million raise
While the bank is facing several investigations into its business, Sloan made $17.6 million in 2017.
4:23 pmA decade after its fire-sale deal for Bear, a look at what JP Morgan got in the bargain
Wall Street was a very different world in March 2008, when the government asked J. P. Morgan to rescue Bear Stearns
11:21 amFormer Equifax executive charged with insider trading for dumping nearly $1 million in stock ahead of data breach
A former Equifax executive faces insider trading charges for moves made before the company's massive data breach.
1:07 amNoble Group signs binding agreement for financial restructuring
Noble Group has announced that it has signed a binding restructuring support agreement with creditors.
Tue, Mar 13, 2018
11:44 pmJapan's regional banks are struggling, but analysts like other parts of the sector
Japan's declining population means regional banks face an uphill task in turning themselves around.
2:17 pmDon't believe the hype: Wall Street is still a 'white man's world'
Is Wall Street really changing it's white male dominated ways? Not so fast, says William D. Cohan.
1:48 amJapan will urge G20 to step up on preventing cryptocurrencies for money laundering
Japan will urge its G20 counterparts at a meeting next week to beef up efforts to prevent cryptocurrencies from being used for money laundering.
1:10 amBanks have to be nimble like tech firms, says the CEO of Southeast Asia's largest bank
Banks have to embrace technology and be like startups, amid growing competition, DBS CEO Piyush Gupta said.
Mon, Mar 12, 2018
9:29 pmChina plans new ministries and merger of regulators in massive government revamp
China said it will merge its banking and insurance regulators, in a long-awaited move to streamline and tighten oversight of the financial system in the world's second-biggest economy.
12:18 amGoldman's move gives David Solomon a great chance to grow into the CEO job, says Cramer
Cramer cautions, however, that current CEO Lloyd Blankfein's exact departure date still remains unclear.
12:03 amMeet David Solomon, the man likely to take over Wall Street powerhouse Goldman Sachs
David Solomon will become sole president and chief operating officer of Goldman Sachs as of April 20, the company said.
10:03 amDavid Solomon to be next president and CEO of Goldman Sachs
7:23 amOn 10th anniversary of Bear Stearns' near collapse, Senate pushes to rewrite financial regulation
A decade later, Congress is pushing to relax rules that were designed to prevent another financial crisis.
3:06 amChina is at risk of a banking crisis, a central bank body says
BIS found China's debt Ч measured by credit-to-GDP gap Ч surpassing an amount that could lead to a system fallout.
Sat, Mar 10, 2018
9:55 amDeutsche Bank bosses to forego bonuses after third annual loss
Deutsche Bank has come under fire for awarding big incentive payouts even though it lost money last year.
Fri, Mar 9, 2018
6:30 pmBlankfein jokes on Twitter that he feels like Huck Finn at his own funeral after WSJ reports he's leaving Goldman
Lloyd Blankfein might not be leaving the bank immediately or even this year, but he's inching closer to saying outright that he will leave, eventually.
5:50 pmChart analysts are getting worried about bitcoin: 'No touch'
Bitcoin's drop this week paints a pretty discouraging picture for the near future, technical market analysts say.
4:23 pmA look at who could next run Goldman Sachs
David M. Solomon and Harvey M. Schwartz were named presidents and co-COOs of Goldman Sachs in December 2016.
3:10 pmBanking analyst Dick Bove calls possible Blankfein exit from Goldman 'wonderful' news
Dick Bove says the only disappointing thing about Blankfein's reported departure plan is that it isn't immediate.
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