Several companies said this week they’re slashing expenses as the economy limps along. Others would prefer to keep investing in new technologies to better gauge which changes in consumer behavior will stick.

September 16
7 Min Read
Total gold ETF holdings are around record-high levels.

The bullion rally has shown signs of losing momentum as economies reopen.

September 16
1 Min Read
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The company's outgoing CFO discussed ways the asset cap is stunting growth, but provided no updates at an industry conference on when the restriction might be lifted or the types of jobs it will cut.

September 15
2 Min Read
Signage stands on display outside the JPMorgan & Chase Tower in downtown Chicago, Illinois, U.S., on Saturday, Oct. 7, 2017. AKA J.P. Morgan.

Work output was particularly affected on Mondays and Fridays, according to findings discussed by CEO Jamie Dimon in a private meeting with analysts.

September 15
1 Min Read
Pedestrians pass in front of BlackRock Inc. headquarters in New York, U.S., on Friday, Jan. 11, 2019. BlackRock Inc. is scheduled to release earnings figures on January 16. Photographer: Gabriella Angotti-Jones/Bloomberg

As the Fed cuts borrowing rates and supports the investment-grade corporate bond market, some investors are looking for higher returns, an expert says.

September 14
2 Min Read
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The executive order provides "temporary relief for employers" to “pay the employee portion of Social Security payroll taxes,” confirms Republican Rep. Kevin Brady.

September 11
3 Min Read
Jane Fraser, a 53-year-old Scot, joined Citigroup in 2004 after a decade as a McKinsey consultant.

Jane Fraser has led the bank’s response to the coronavirus pandemic in North America, including its plans for returning its workers to offices around the U.S.

September 11
2 Min Read
Members of JPMorgan's senior operating committee, including CEO Jamie Dimon, spent time working from the bank’s offices for most of the summer, according to a person familiar with the matter.

The new order applies to managing directors and executive directors who oversee subordinates, according to a person briefed on the plans.

September 11
1 Min Read
Grappling with coronavirus

Stay up-to-date on the latest COVID-19 news affecting the industry.

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