Wall Street Exodus: Goldman Sachs Expands in Dallas, Texas
Wall Street faces challenges in NYC as Goldman Sachs invests $500M in a Dallas campus. Texas attracts financial firms with lower taxes and less regulation, creating competition for New York.
Goldman Sachs: Junior Bankers’ Loyalty Policy
Goldman Sachs is implementing a new policy requiring junior bankers to periodically recommit to the firm, aiming to reduce defections to private equity. Concerns are raised about early career decisions and potential conflicts.
Jamie Dimon: Wall Street’s ‘Hamlet’ Eyes Presidential Run?
JPMorgan CEO Jamie Dimon hints at a potential presidential bid. Despite his denials, speculation persists due to his influence, moderate stance, and impending departure from JPMorgan. AI, China, defense were also discussed.
Trump’s Clayton Nomination: Wall Street Watchdog?
Trump nominates Clayton as US Attorney for Southern District, crucial for financial crime investigations. Senate confirmation faces potential challenges despite Clayton's bipartisan past and focus on security and trafficking.
Shooting of UnitedHealthcare CEO Brian Thompson is âwake-up callâ for US corporate security: report
The killing is a wakeup call for corporate security teams, who say they have noticed an uptick in violent threats against business leaders, especially on social media, according to The Wall Street Journal.
Wall Street banks brace for downward revision of up to 1M fewer jobs â fueling worries the Fed failed to slash rates on time
Data showing the job market was weaker than previously thought could increase concerns the US economy is facing a potentially worse downturn than the current expectation for a âsoft landingâ in which inflation is tamed without a recession.