JPMorgan is reportedly using computer tracking to monitor junior bankers’ hours — comparing their self-reported time sheets with internal data to catch underreporting amid ongoing concerns about Wall ...

Mergers and acquisitions, nonbank competition and digital assets are all factors shaping how banks will perform in the coming months. American Banker’s 2026 Predictions report was fielded online ...

Global central bankers defended U.S. Federal Reserve Chair Jerome Powell in a joint statement Tuesday. The group included the heads of the European Central Bank and Bank of England, among others.

The defense comes after Jerome Powell pushed back on what he described as pressure by the Trump administration to cut interest rates in the United States. By Eshe Nelson Reporting from London Central ...

Megadeals returned in full force in 2025. Wall Street is already bracing for another wave in 2026. There were a record 68 transactions valued at $10 billion or more announced globally this year, ...

Leveraged finance bankers have long anticipated the return of M&A. Now they’re betting that next year they might finally be right. Banks have underwritten around $65 billion of debt tied to leveraged ...

NEW YORK, Nov 17 (Reuters) - Bank of America (BAC.N), opens new tab plans to spend billions of dollars on technologies such as artificial intelligence to boost bankers' productivity and bring in more ...

OpenAI has formed a new team of over 100 former investment bankers under a new initiative internally called “Project Mercury.” The project pays contractors, many of whom are former employees of ...

It might seem like a wonderful time to be an American investment bank. Over the past year, the country’s lenders have handed shareholders gains of 27%, far outstripping the 10% for other stocks ...

JPMorgan CEO Jamie Dimon says the bank is hiring for its $1.5 trillion US "resiliency" plan. The bank is seeking financial specialists in defense, energy, AI, and advanced manufacturing. The firm will ...

What do Jerome Powell and Henry Ford have in common? A recognition that labor has always been a transient force — shaped by machines, markets and management. Wall Street, for all its illusions of ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A major financial institution is ...