In major deal, Raffensperger brokers agreement with Bankers Life to repay more than 40 investors of the politically connected firm. S. Gregory Hays, receiver of First Liberty Building & Loan, opens ...

Company says tool to compare self-reported hours with computer estimates is for ‘awareness, not enforcement’ Business live – latest updates JP Morgan Chase has started to compare the hours junior ...

Key insight: The longer the conflict in the Middle East lasts, the greater the negative economic consequences will be, bankers predicted Tuesday. What's at stake: The war in Iran could drive up ...

FRANKFURT, Germany (AP) — Central bankers from around the world said Tuesday they "stand in full solidarity" with U.S. Federal Reserve Chair Jerome Powell, after President Donald Trump dramatically ...

Megadeals returned in full force in 2025. Wall Street is already bracing for another wave in 2026. There were a record 68 transactions valued at $10 billion or more announced globally this year, ...

More than 100 former investment bankers from JPMorgan Chase (NYSE:JPM), Morgan Stanley (NYSE:MS) and Goldman Sachs (NYSE:GS) have joined OpenAI's (OPENAI) secretive Project Mercury to help train AI ...

OpenAI has formed a new team of over 100 former investment bankers under a new initiative internally called “Project Mercury.” The project pays contractors, many of whom are former employees of ...

Senior bankers will be able to pocket bonuses more quickly under a relaxation of rules brought in after the financial crisis of 2007/2008. Senior bankers have had to wait up to eight years to collect ...

It might seem like a wonderful time to be an American investment bank. Over the past year, the country’s lenders have handed shareholders gains of 27%, far outstripping the 10% for other stocks ...

What do Jerome Powell and Henry Ford have in common? A recognition that labor has always been a transient force — shaped by machines, markets and management. Wall Street, for all its illusions of ...

Goldman Sachs is getting ready to impose a new requirement that junior bankers regularly pledge their loyalty to the Wall Street giant — a clampdown designed to reduce defections to high-paying ...

Thomas F. Cherry, president and CEO of James City County-based C&F Bank and its parent company, has been named chairman of the Virginia Bankers Association, the organization announced Tuesday. During ...