Bank elevates global heads of M&A and risk for investment banking and trading
Employees will be paid directly for generating business instead of sharing revenue between the group’s units
Global lenders explore private deals and risk transfers to cut exposure to AI boom
Europe’s biggest investment banks missed out on gains from commodities in quarter marked by oil swings
Trading firm brought in record $40bn amid financial market volatility
The difference between good and bad leaders turns on whether they recognise when pressure is productive
After years of complaints, Vis Raghavan had been told he was out of a job. Three days later, Citi hired him
Employees were unable to access company’s AI models as of a few weeks ago
Trump administration’s push to cut regulations prompts primary dealers to facilitate more trading in government debt
Disparate pricing raises prospect of investors earning unequal returns in the same deal on the basis of who their banker is
The risk to US banks is real in theory but difficult to realise in practice
The big unknown is how the conflict could alter the Gulf’s investment priorities in the next year or two
Anthropic’s new Claude Mythos Preview model could expose vulnerabilities in lenders’ cyber defences
Wall Street bank’s rates desk was key driver behind unexpected drop in fixed-income revenue
JPMorgan and Goldman among Wall Street lenders taking advantage of Trump’s looser rules
Results from two remaining big investment banks cap earnings season marked by gains from Wall Street traders
Large investment banks have become increasingly reliant on markets financing, report says
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
AI-inspired stock routs, the war in Iran and private credit were no hindrance to Wall Street bank
Equities unit powers bank’s earnings, while fixed income, currencies and commodities business fall well short
Five largest US lenders expected to unveil highest combined trading revenues since at least 2014
UK bank’s collapse offers a lesson for JPMorgan’s CEO and his idea to overhaul the US’s deposit insurance system
Meeting with US Treasury secretary comes as latest AI system has detected decades-old vulnerabilities
SEC’s $53mn payout over fake accounts scandal is less than half the amount originally planned
