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CFTC Commissioner Quintenz to Step Down Mr. Quintenz's departure will leave Democrats with a 2-1 majority on the commission. Goldman Sachs to Buy European Asset Manager for $1.9 Billion ...
News Highlights : Top Financial Services News of the Day 05/19/2021 | 12:16am EDT Send by mail : Message : Bank of America to Raise U.S. Minimum Hourly Wage to $25 by 2025 Just over one year after raising its U.S. minimum wage to $20 an hour, Bank of America said it plans to raise its hourly minimum to $25 by 2025. HgCapital Aims for Up to $1 Billion With Debut Debt Fund HgCapital is pitching a new fund that would provide debt to the private-equity portfolio companies that the London-based firm backs. JPMorgan Puts CEO Contenders in Charge of Consumer Operation JPMorgan Chase is p...
News Highlights: Top Financial Services News of the Day 04/09/2021 | 12:16am EDT Send by mail : Message : New York Fed Official: Fed May Expand Access to Reverse Repo Facility The New York Fed is looking at expanding access to a facility used to influence short-term interest rates and implement monetary policy in a way that could bring smaller firms into the marketplace, an official at the bank said. Credit Suisse Ignored Warnings on Archegos, Greensill The Swiss banking giant is examining how, after years of beefing up compliance and risk, it pushed into risky trades that it couldn't ...