HSBC Negotiates With U.S. Regulators Over Settling Money Laundering Case
HSBC Holdings Plc (HSBA), which is under investigation by U.S. regulators for laundering funds of sanctioned…
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U.S. banks
Ex-Citigroup Executive Sentenced To 8 Years For Embezzling US$ 23 Mln
Ex-Citigroup Inc. (C) Vice President Gary Foster was sentenced to 97 months in prison for embezzling almost $23…
Volcker Seeks Overhaul On Global Capital Flows
Former Federal Reserve Chairman Paul Volcker, the namesake of U.S. rules designed to rein in banks’…
Visa Outperformed JPMorgan As Cards Wage War On Cash
Visa Inc. (V) and MasterCard Inc. (MA), the biggest bank-card networks, produced better risk-adjusted returns than…
Citigroup Dismantles Committee Overseeing Toxic-Asset Division
Citigroup Inc. (C), the biggest U.S. bank to have regulators reject its capital plan this year, dismantled a board…
JPMorgan Injects $394 Mln In Chinese Arm
JPMorgan Chase & Co. (JPM), the biggest U.S. bank, increased the capital of its China unit by 2.5 billion yuan…
Museum Head To Oversee Risk At JPMorgan
The three directors who oversee risk at JPMorgan Chase & Co. (JPM) include a museum head who sat on American…
JPMorgan Hires William McLucas To Help In Investigations
JPMorgan Chase & Co. (JPM), the biggest U.S. bank, has hired former U.S. Securities and Exchange Commission…
JPMorgan Veered From Hedging Rules
JPMorgan Chase & Co. (JPM)’s biggest U.S. competitors say their corporate investment offices avoid the use of…
JPMorgan’s Dimon Receives $23 Mln Pay Package Despite $2 Loss
Even as he apologized for a $2 billion trading loss, JPMorgan Chase CEO Jamie Dimon's $23 million pay package was…
