JPMorgan Just Capped Junior Bankers’ Hours—At 80 Per Week
Two of Wall Street’s largest investment banks, JPMorgan and Bank of America, are cracking down on the industry’s infamous always-on culture.
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US OCC Finds "Deficiencies" In Wells Fargo's Anti-Money Laundering Controls
A top U.S. banking regulator has found "deficiencies" in Wells Fargo's anti-money laundering controls and financial crimes risk management practices.
Voya Financial Set To Acquire OneAmerica's Retirement Business
Voya Financial is set to acquire OneAmerica Financial’s $60 billion retirement plan business, a move that both companies made public today.
Lawsuit Against Creative Planning Dismissed By Federal Judge
A federal judge has dismissed a lawsuit brought by Stephen Greco, a former executive of Creative Planning, against his former firm.
Lawsuit Filed Against Charles Schwab For Failure To Protect Against Scam
Ruth Rootenberg, a 92-year-old client, has filed a lawsuit against Charles Schwab, claiming the firm failed to protect her from a scam.
Goldman Stock-Picking Model Is Challenging ESG Assumptions
At Goldman Sachs Group Inc., there’s an ESG filter that tells investors to buy coal giant Glencore Plc, and avoid Big Tech staples as Microsoft Corp.
Jamie Dimon Strongly Opposed To Shareholder Meetings
Jamie Dimon, CEO of JPMorgan Chase, voiced strong opposition to annual shareholder meetings during a conference focused on shareholder rights.
