Banks

Money

Market bull who predicted tech’s rebound believes Wall Street may avoid a summer setback

He predicted tech’s recent comeback, and now Oppenheimer Asset Management’s John Stoltzfus believes Wall Street can avoid an unnerving summer…

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Politics

Connecticut state Sen. Alex Kasser resigns, blames bitter divorce battle waged by Morgan Stanley executive husband

Connecticut state Sen. Alex Kasser announced Tuesday she is resigning, saying her ability to do her job has been harmed…

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News

Florida woman goes to ATM to withdraw $20, discovers almost $1B in account

A Florida woman reportedly withdrew $20 from an ATM and was stunned to discover her account boasted a jaw-dropping balance…

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States

Morgan Stanley resumes face-to-face meetings, cites ‘Zoom fatigue’

Morgan Stanley CEO James Gorman doesn’t just want his bankers back in the office — he wants them meeting with…

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Money

Goldman Sachs ramps up bitcoin trading in new partnership with Mike Novogratz’s Galaxy Digital

Goldman Sachs‘ efforts to help hedge funds and other big institutional clients wager on bitcoin have taken a step forward.…

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News

Airlines, banks hit in global web outage hours after Putin-Biden summit

The websites of several US airlines, including American, Southwest, United and Delta — along with those of other companies and…

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Money

JPMorgan is buying UK robo-advisor Nutmeg to boost overseas retail banking expansion

Sign for J.P. Morgan on 7th March 2020 in London, United Kingdom. JPMorgan Chase & Co. is an American multinational…

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States

Artificial intelligence won’t replace the role of financial advisors, UBS CEO says

LONDON — One of the world’s biggest wealth managers doesn’t think artificial intelligence can replace the role of financial advisors.…

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States

Deutsche Bank reportedly poised to reap windfall on risky cargo bet

Deutsche Bank’s risky investment in a distressed cargo-shipping company is poised to reap a $1 billion windfall for the scandal-ridden…

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Money

Former Barclays CEO’s fintech venture raises $187 million with backing from BlackRock and JPMorgan

Antony Jenkins, founder of 10x Future Technologies and former CEO of Barclays. Chris Ratcliffe | Bloomberg | Getty Images LONDON…

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