Citigroup's New Big Hire Is a No Nonsense, Hard-Charging Dealmaker
Citigroup Inc. CEO Jane Fraser shrinks Wall Street’s underdog into a leaner competitor. Her newest big hire is dealmaker known for his scrappy streak.
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Erik Karanik Named Head of WIM Independent Solutions
Wells Fargo & Company today announced Erik Karanik as the head of Independent Solutions for its Wealth & Investment Management (WIM) business.
Citi Hires Banking Head From JPMorgan, Prompting Reshuffle of Bosses
Citigroup appointed Viswas Raghavan from JPMorgan Chase as its new head of banking, prompting a wave of changes at his previous firm.
Warren Buffett Uses His Annual Letter to Warn About Wall Street and Recount Berkshire's Successes
Warren Buffett credited his longtime partner — the late Charlie Munger — with being the architect of the Berkshire Hathaway.
Goldman Sachs Faces Internal Turbulence as Key Partners Express Dissatisfaction
Goldman Sachs is currently navigating through a period of internal discord at its highest levels, with CEO David Solomon's leadership facing scrutiny.
Morgan Stanley Asserts Pretax Profit Margin Target Objective Still Within Reach
Morgan Stanley's wealth management sector experienced a shortfall in reaching its pretax profit margin target for the last quarter.
Jeff Bezos Sells More Amazon Stock, Reaching $8.5 Billion This Month
Jeff Bezos sold $2.4 billion in Amazon.com (AMZN) shares over the past few trading days, according to a new company disclosure.
