Fired CFO Sues RBC Over Affair Allegation
Good morning. Royal Bank of Canada’s former chief financial officer is taking legal action against the bank after her dismissal.
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Edward Jones Experiences Net New Asset Decline
Edward Jones experienced a slowdown in asset gathering during the second quarter, reporting $19 billion net new assets-a 21% decline compared to 2023.
Over The Past Decade The Venture Capital Landscape Has Shifted Dramatically
The venture capital landscape has dramatically shifted over the past decade.
JPMorgan’s Jamie Dimon Confirms His Hit-By-A-Bus CEO Pick For The Bank
When JPMorgan CEO Jamie Dimon will retire refrain has been “five years”—unchanged for nearly two decades. Earlier this year he announced differently.
Morgan Stanley's Program For Surplus Cash Is Currently Under Investigation
Regulators are currently investigating Morgan Stanley for transferring investment advisory clients' surplus cash into affiliated bank accounts.
New Lawsuit Against KKR Over Payout In 2021
A new lawsuit accuses KKR, of paying Kravis and Roberts when they transitioned to their successors in 2021, without any tangible return.
Citigroup Whistleblower Denied Share Of $400 Million Penalty
A federal appeals court said a Citigroup vice president was not entitled to a share of a $400 million civil fine that the bank agreed to pay in 2020.
