banks
Archegos founder Bill Hwang sentenced to 18 years for massive fraud that stunned Wall Street
November 20, 2024 | 3:28pmProsecutors accused Hwang of lying to banks about Archegos' portfolio so he could borrow money aggressively and make concentrated bets on media and technology stocks such as ViacomCBS, now called...
Citigroup probed by feds over ties to sanctioned Russian billionaire: report
November 14, 2024 | 6:19pmKerimov was sanctioned by the US in 2014 and 2018 in response to Russia's actions in Syria and Ukraine.
73-year-old in financial ruin after scammers drain life savings from bank account in just 25 minutes
November 12, 2024 | 4:35pmGay de Beer was working on her laptop when her screen went black and a message popped up that she had a major virus.
Jamie Dimon to stay at JPMorgan — and won't join Trump admin: report
November 6, 2024 | 11:30amDimon said last month that his chances of taking an official post were "almost nil."
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.
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.
Activist investors may be targeting Too Big to Fail lender Bank of America
October 25, 2024 | 12:12pmCEO Brian Moynihan seems to be doing much of nothing.
To thine own Jamie Dimon be true: JPMorgan boss won't join Harris or Trump administrations, source says
October 25, 2024 | 12:10pmIt’s not odd that both candidates might want a piece of the JPMorgan CEO after the election.
Morgan Stanley follows other Wall Street giants in giving CEO the chairman role
October 24, 2024 | 7:16pmPick took the reins at the start of this year after winning the race to succeed longtime CEO Gorman.
Hard-charging Bank of America boss has team yanked away months after death of worker who logged 100-hour workweeks
October 21, 2024 | 3:00pmAn embattled Bank of America executive was stripped of responsibility over a key money-making division -- months after outcry over the headline-grabbing death of an overworked junior banker in his...
NYC Citibank personal banker gets sweetheart plea deal after stealing $150K from elderly man battling dementia, using money on motorcycle
October 15, 2024 | 6:55pmA Manhattan Citibank personal banker swiped more than $150,000 from an elderly man battling dementia and used some of the dough to treat himself to a Harley-Davidson motorcycle, authorities said...
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.
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...
More than 20,000 Bank of America customers report outage on mobile banking app
October 2, 2024 | 3:27pmMost customers reported having issues with their mobile banking accounts.
Departing NYC schools chancellor admits Eric Adams might not stay mayor following indictment
September 28, 2024 | 3:14pmOutgoing schools Chancellor David Banks has confided to city superintendents he doubts that embattled Mayor Adams can remain in power after his indictment, sources told The Post.
Former Morgan Stanley CEO lists lavish Virgin Islands estate for $29.5M after $18M overhaul
September 25, 2024 | 1:18pmAt Oil Nut Bay, one prominent family's retreat is looking for its next generation -- all after a massive process of renovating it to their taste.
Bank of America chief Brian Moynihan raises eyebrows by taking on chancellor role for Corporation of Brown University
September 21, 2024 | 3:12pmBrian Moynihan has his hands full running Bank of America, which is why he raised some eyebrows when he took on the volunteer position as chancellor of the Corporation of...
JPMorgan taps senior banker to focus on 'well-being and success' after BofA employee's death
September 18, 2024 | 1:35pmWall Street has grappled with workload concerns among junior staff for years.
Justice Department probing banks for alleged collusion in $36B Archegos liquidation: report
September 17, 2024 | 5:23pmFederal investigators in San Francisco are looking into whether Credit Suisse, Nomura Holdings and UBS Group conspired with one another.
Top Adams ally, brother probed by feds are known for 'expensive taste' as they frequent swanky NYC nightclubs, restaurants: sources
September 11, 2024 | 7:45pmBrothers Phil and Terence Banks — both targets of a federal investigation into close allies of Mayor Eric Adams — tend to have a taste for the finer things and...