Wall Street opposition to Trump collapses, as ‘pipe dream’ of primary defeat ends
As Donald Trump surges toward the Republican nomination, many Wall Street executives have made a calculated decision not to speak…
American Express CEO says spending is strong, delinquencies are down from 2019
American Express CEO Stephen Squeri on Friday said the credit card company saw “good consumer spending” during the holidays and…
New Morgan Stanley CEO is ‘super bullish’ on hitting financial targets
Morgan Stanley‘s new CEO, Ted Pick, on Thursday expressed confidence his bank will hit financial targets of $10 trillion in…
Deutsche Bank CEO says acquisitions not a ‘priority’ as Commerzbank rumors swirl
Deutsche Bank CEO Christian Sewing on Thursday said that merger and acquisition activity is not a priority for his group,…
Barclays CEO says difference in Labour and Conservative economic policy is ‘fairly minimal’
Political risk in the U.K. is “far less than it’s ever been” as the difference between the ruling Conservative Party…
Jamie Dimon praises Trump, warns MAGA criticism could hurt Biden
JPMorgan Chase CEO Jamie Dimon on Wednesday praised former President Donald Trump’s record and admonished Democrats to be “more respectful”…
Jamie Dimon warns ‘all these very powerful forces’ will impact U.S. economy in 2024 and 2025
JPMorgan Chase CEO Jamie Dimon said he remains cautious on the U.S. economy over the next two years because of…
Biden administration unveils proposed changes to big banks’ overdraft fees
WASHINGTON — The Consumer Financial Protection Bureau on Wednesday unveiled long-awaited changes to how the nation’s biggest banks structure overdraft…
UBS CEO says Swiss public ‘indoctrinated’ to worry about bank’s balance sheet
UBS CEO Sergio Ermotti on Wednesday said people with concerns about the size of the bank’s balance sheet are getting…
Morgan Stanley revenue tops estimates, but CEO warns of geopolitical, economic risks ahead
Morgan Stanley on Tuesday reported fourth-quarter revenue that surpassed expectations, boosted by the strength in investment banking. Here’s how the…
