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...Griggs, an auditor, was elected US senior partner in February in a ballot of PwC’s 4,000 US and Mexico partners, beating Kathryn Kaminsky, co-head of trust solutions, and Jenny Koehler, chief investment...
...Mellon acquired three-quarters of the London-based boutique asset manager in 1996 before purchasing the remaining chunk of the business in 2002....
...Gonzalo Garcia, Goldman’s then co-head of European investment banking, quit shortly after being left off the committee....
...Nate Wuerffel, head of market structure at BNY Mellon and a former head of domestic markets at the New York Fed, says that if the reforms are well executed, “we could be in a world where 10 years from now...
...Goldman Sachs’ global treasurer, Philip Berlinski, is leaving the bank after 24 years for New York-based hedge fund Millennium Management, according to two people familiar with the situation....
...Earnings per share in BNY Mellon dropped 47 per cent in the final quarter of 2023 from a year earlier, but were up 38 per cent annually....
...In a wide-ranging interview on Tuesday at the Economic Club of New York, Dimon said the state of the US economy was “unbelievable” and had been “booming for a while”....
...The US has eight G-SIBs: JPMorgan, Citigroup, Bank of America, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, State Street and Wells Fargo....
...The buyback, which represents 9 per cent of the trust’s shares, is the largest-ever for an investment trust, according to analysts at Jefferies....
...Scott Nuttall and Joseph Bae, co-chief executives of the New York-based group, told the Financial Times they were seeing an improvement in activity to take portfolio companies public....
...Bank of America, Goldman Sachs and Morgan Stanley report results early next week. Additional reporting by Harriet Clarfelt...
...The number of problem banks in the US has jumped 18 per cent, regulators warned, as New York Community Bank was stabilised by a $1bn capital raise led by former US Treasury secretary Steven Mnuchin....
...JPMorgan, the largest US bank by assets, said on Thursday that Jennifer Piepszak and Troy Rohrbaugh would take over as co-heads of the commercial and investment banking division....
...“I wanted to do 1,000, but they wouldn’t let me,” he told the New York Times in 2012....
...At first, it was Lazard and Rothschild that Roger Altman’s boutique New York investment bank Evercore had in its sights....
...New York, where Antonoff lives, brings out the album’s less colourful side. Here we find a particular strand of the city’s indie-rock traditions....
...The start of the year is typically a strong period for banks’ trading businesses with clients returning in January and taking new financial bets, but markets have lacked much of the frenzy of the past few...
...This matters since half of all emerging market bonds, worth an estimated $870bn, have been issued under New York law....
...The bank said in a proxy filing also released on Monday that “an orderly CEO transition in the medium term” was a top priority for its board of directors....
...Shortly after Raghavan’s move to Citi was announced, JPMorgan sent a memo to employees announcing that Filippo Gori and Doug Petno would become co-heads of global banking: a new division encompassing JPMorgan...
...The co-founders of Trump Media & Technology Group have sued the company, alleging that executives including Donald Trump are manoeuvring to dilute their stake in the business through a “last-minute stock...
...The figures, from JPMorgan analysts, confounded the bank’s own expectations and suggest a lingering lack of confidence among executives....
...US institutional investors are selling more of their private equity holdings at a discount as they cut exposure to the illiquid asset class, reports Sun Yu in New York....
...Raghavan’s move to Citi puts him at the heart of one of the biggest reorganisations of a major bank in years. As Citi’s new head of banking, it also lands him in charge of its most troubled unit....
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