James Franey
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World Bank fears budget cuts from Trump White House after losing track of $24B: 'Running around like headless chickens'
November 15, 2024 | 6:15pmThe Washington, D.C.-based lender is worried the new administration’s austerity axemen, Elon Musk and Vivek Ramaswamy, could have them in their sights.
Transgender monkeys, DEI and checks to dead people – here's where Musk can start cutting fed spending
November 13, 2024 | 6:37pmElon Musk and Vivek Ramaswamy are taking a knife to wasteful government-spending on things like handouts to China, monkey islands and empty public buildings.
Fat cat Wall Street bankers set to rake in bumper bonuses in 2024: study
November 12, 2024 | 4:11pmNew York bankers are expected to pocket bonuses as high as 35% as Wall Street deal-making roared back to life after the economic malaise after the COVID pandemic.
'Deadbeat' hedge fund boss who's being sued by his own mom has been living it up in Miami — while clients demand cash back
November 11, 2024 | 6:30amSpringOwl founder Jason Ader has suffered a string of legal headaches while the entire executive team has quit the beleaguered firm.
Bill Ackman vows to yank hedge fund from Amsterdam-based stock exchange after soccer thugs target Jewish fans
November 8, 2024 | 1:28pmJew-hating agitators violently assaulted supporters of Maccabi Tel Aviv in the Dutch city with more than 60 people arrested on Thursday night.
Goldman Sachs adds most partners to 'Wall Street's most exclusive club' since 2010
November 7, 2024 | 3:32pmThe announcement comes amid a flurry of dealmaking activity in the world's financial capital that has boosted profits at Goldman's lower Manhattan headquarters.
Fed cuts interest rates a quarter point after Trump election victory
November 7, 2024 | 2:05pmUS central bankers slashed their key lending rate by a quarter of a percentage point as they seek to keep the US economy on solid footing in the aftermath of...
Goldman Sachs to promote biggest partner class since CEO David Solomon took helm
November 5, 2024 | 3:58pmThe new partners will enjoy a base salary of nearly $1 million a year, but they can take home multiples of that sum once other compensation such as bonuses and...
JPMorgan Chase denies $331 monthly pension to employee's widow, claims she lacks 'necessary documentation'
November 4, 2024 | 6:00am‘If Jamie Dimon were aware of this, he would wish to do the right thing and honor the pension," Silverberg told The Post, referring to JPMorgan Chase's longtime CEO.
Ex-Citi bankers urge CEO to claw back bonuses
October 31, 2024 | 4:11pmFormer executives fired off a five-page tirade to Citi's board demanding that cracks down on huge payouts and rein in spending on external consultants
Wall Street titan vows to work with Elon Musk to slash spending if Trump makes him Treasury Sec
October 30, 2024 | 12:31pmThe billionaire investor, 68 said he would work wth Musk "to reduce federal spending" in what will be seen as an overt bid to lobby for the job of Treasury...
JPMorgan sues customers for check fraud after exploiting viral ATM glitch
October 28, 2024 | 6:54pmThe glitch in late August let customers deposit big checks in ATMs and withdraw funds immediately before the checks could clear, even if the checks later bounced.
JPMorgan's Dimon slams Biden-Harris admin over 'onslaught' of red tape: 'I've had it with this s--t!'
October 28, 2024 | 6:53pmThe Queens native gave bureaucrats in Washington a tongue-lashing for hobbling the industry with a raft of new rules.
World Bank bureaucrats lost track of at least $24B in funds fighting climate change: 'Could be twice or 10 times more'
October 23, 2024 | 6:44pmAn investigation by the left-leaning NGO Oxfam ripped the DC-based international lender's "poor record-keeping practices."
JPMorgan's Jamie Dimon reportedly backs Kamala Harris for prez, could join her administration despite denials
October 22, 2024 | 4:16pmThe Queens native, 68, has stopped short of publicly endorsing either candidate for the White House.
UK headhunter 'scams Wall Streeters with fictional jobs, fake IDs' to get private info: report
October 18, 2024 | 3:11pmA top London headhunter has been accused of tricking Wall Street traders into handing over private details of their fat pay packages by dangling phony job openings.
Morgan Stanley profits surge 32% as dealmaking roars back to life
October 16, 2024 | 10:28am"I am bullish on IPOs and M&A coming back," said the banks' CEO. "It may take some time...I think these are going to be global, mature companies that are very...
Goldman Sachs profits surge as dealmaking rebounds on Wall Street
October 15, 2024 | 10:32amGoldman Sachs reported a 45% surge in quarterly profits on Tuesday, boosted by a rebound in dealmaking that beat analysts' expectations.
JP Morgan’s Jamie Dimon responds to speculation that he'll take US gov't post
October 11, 2024 | 10:56amThe veteran banker's comments, which came as he announced expectation-beating Q3 profits, saw JP Morgan stock climb by 3% in morning trading on the New York Stock Exchange.
TD Bank fined $3B for failing to prevent money laundering by drug cartels
October 10, 2024 | 3:05pmTD failed to monitor over $18 trillion in customer activity for about a decade, enabling three money laundering networks to transfer illicit funds through accounts at the bank, US authorities...