JPMorgan threatens to fire analysts who accept future-dated job offers. JPMorgan has warned incoming graduates that accepting ...

In a PIK structure, an alternative asset manager or private credit fund allows borrowers to defer cash interest by issuing more debt or equity. This increases leverage over time and is a lending tool ...

Nine regulatory bodies including the Australian Securities and Investments Commission, several Canadian provincial securities regulators, Hong Kong’s Securities and Futures Commission, Italy’s Consob, ...

The UK is now a more attractive destination for US climate tech investors than their home market, amid the policy uncertainty ...

The investment bank in which Valentino works is a standalone entity that sits under the wider Rockefeller Capital Management ...

The research estimates that the budget for T+1 projects in Europe for a big global custodian is likely to top $36mn, while ...

In a letter dated June 3 sent to ECB President Christine Lagarde, seen exclusively by The Banker, UNI Europa’s regional ...

On the ESG front, Citigroup, BofA, Morgan Stanley, Wells Fargo, Goldman and JPMorgan have all exited the Net-Zero Banking ...

Wells Fargo has been released from a Federal Reserve-imposed asset cap that had restricted its growth since 2018, representing a significant turning point for the US lender and opening the door to ...

The US Senate has confirmed Federal Reserve governor Michelle Bowman as vice-chair for supervision, positioning her to lead the central bank’s regulatory efforts with a mandate likely to focus on ...

Nomura is currently in expansion mode in the US. It recently agreed to acquire Macquarie’s US and European public asset ...

The Federal Reserve’s proposed changes to bank stress tests, which check the health of the major lenders, could “make crashes ...