Employees will be paid directly for generating business instead of sharing revenue between the group’s units
The difference between good and bad leaders turns on whether they recognise when pressure is productive
The investment banker was hired by Citi before news of his changed circumstances at JPMorgan was made public
After years of complaints, Vis Raghavan had been told he was out of a job. Three days later, Citi hired him
JPMorgan Chase, Citigroup and Wells Fargo reported more than $25bn of profits for the first quarter
Jamie Dimon warns US economy faces ‘complex set of risks’ even as Wall Street banks benefit from market volatility
Revised goals involve net revenue and value of assets clients entrust to bank as business has lagged Wall Street peers
US authorities warned the banks of potential security threats
Internal team staffed by ex-law enforcement ‘operates as HR’s internal hit squad’, former executive says
General Atlantic and Blackstone’s funds are among buyers as New York bank marks another step towards exiting business
CEOs each earned more than $40mn as gap with median bank worker set to widen further
Increase in remuneration makes her among the best-paid US banking bosses
Bank claims allegations made in lawsuit this week against wealth chief Andy Sieg were ‘fabricated’
Complaint alleges ‘unrelenting and egregious sexual harassment’ by wealth chief Andy Sieg
Chief executive Jane Fraser is pushing through bank’s biggest restructuring in more than a decade
Ida Liu to join Europe’s largest lender as head of its global private bank
Move may be a sign Wall Street bank has made progress in correcting compliance mis-steps of recent years
US bank’s shareholders would prefer progress over process
Head of the Wall Street lender’s US retail bank will become its chief financial officer in March
Hello? Is there anybody in there?
Wall Street bank accelerated its move out of the country following Moscow’s full-scale invasion of Ukraine in 2022
Bank stood by Andy Sieg, a potential successor to CEO Jane Fraser, after investigation by law firm Paul Weiss
Much of their time is spent appeasing and aligning competing forces
Case resulted in city-state tightening regulations around family offices
Roles of board leader and CEO will be reunited in move to underscore her leadership amid radical overhaul
