Banking

Power Corridor

Fed’s Tea Leaves Get Murkier

Photo by Federal Reserve Board of Governors under Public Domain Mark 1.0

The U.S. Federal Reserve is all but certain to hold interest rates steady Wednesday, but the economy is still scorching – beating expectations in September – while American consumers continue to buy up a storm, charging their credit cards as…

2 min read

(Photo by Edgar on Unsplash)

Banking

Low Deal Flow Means Lower Bonuses for Wall Street

After 10 months of slower-than-anticipated deal flow, bankers are expecting less-than-stellar year-end holiday bonuses.

1 min read
(Photo by Ken Lund under CC BY-SA 2.0)

Banking

Goldman Sachs Gets Into the Geopolitical Advice Game

Goldman Sachs is launching a sort of geopolitics-slash-technology research arm to advise clients who get anxious when they turn the news on.

1 min read
(Photo by Christopher Bill on Unsplash)

Banking

UK Abolishes Cap on Bankers’ Bonuses

The UK’s Financial Conduct Authority said Tuesday that it’s ending a cap on bonuses for bankers that’s been in place since 2014.

1 min read

Banking

Goldman Sachs Sees Profits Plummets Amid Consumer Pivot

(Photo by Connor Lin/The Daily Upside)

Goldman Sachs saw its profits slump 33% in its latest quarter, as the bank continues retreating from the consumer banking sector.

2 min read

“Photo by Steve Jurvetson under CC BY 2.0”

Power Corridor

Life After Epstein at America’s Top Bank

JP Morgan, the largest bank in America, with more than $3 trillion in assets, settles all Epstein lawsuits.

5 min read
Photo by Martin Ceralde on Unsplash

OP-ED | Power Corridor

Wall Street’s Top Banks Fined $53 Million in Regulatory Spanking

Wall Street’s Top Banks Fined – CFTC ordered Goldman to pay $30 million, JP Morgan $15 million, and Bank of America $8 million.

2 min read
(Photo Credit: Alexander Grey/Unsplash)

Banking

Solaris Can’t Raise Funds Fast Enough

Solaris was once a rising star in the fintech world. Now its sweating to raise 100 million euros to fund a major client project.

2 min read

Patent Drop

JPMorgan Chase Brings Quantum to Wall Street

Photo by Tima Miroshnichenko on Pexels.

JPMorgan Chase may be looking past the current AI craze for optimization, setting it’s sights on quantum computing.

2 min read

(Photo by Kenny Eliason on Unsplash)

Banking

Citibank Wants to Sell its Small Bank Loaning Platform

1 min read
Photo by Javad Esmaeili on Unsplash

Banking

AI Stock Rally: A Big Bet on Human Outsourcing

1 min read
(Photo by UBS Media)

Banking

UBS’s Credit Suisse Acquisition Makes for Massive Profit

2 min read

Banking

The Fed is Still Trying to Prevent the Next Silicon Valley Bank

(Photo Credit: Roberto Júnior/Unsplash)

2 min read

(Photo by Tomas Martinez on Unsplash)

Advisor Upside

Goldman Sachs Sells Wealth Management Division

1 min read
Photo by Vishnu Mohanan on Unsplash

Banking

US Chipmaking Push is Running Into Labor Problems

1 min read
(Photo by Connor Lin/The Daily Upside)

Banking

Goldman Sachs CEO Still Has the Board and Investors in His Corner

2 min read

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