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Morgan Stanley CEO James Gorman has slightly more than two weeks left in his nearly 14-year tenure at the helm of the Wall Street giant – and many of the rank and file are counting the days.
The annual Senate quizzing of US big bank chief executives threw up all the usual favourite partisan arguments, but little else. If this is oversight, it often lacks insight.
The Costume Institute at the New York museum celebrates its fall exhibition, a showcase of 80 works by over 70 women designers that traces the history of fashion over the last century
The Committee's Democratic chair Sherrod Brown has alleged that banks "reward corporations that raise prices on Americans." Congress convenes the CEOs as part of its annual oversight of Wall Street firms. Dimon, the outspoken chief of the biggest U.S. bank, has chided regulators over the draft capital rules, saying they would curb lending and economic growth if implemented.
The chief executives of the biggest U.S. banks are set to appear before the Senate Banking Committee on Wednesday, where they will probably push back on proposals for stricter capital rules. ...