Banks
Bonus Watch: JPMorgan Chase CEOs
Jamie Dimon’s one-time-only special retention bonus will definitely not happen again.
Credit Suisse’s Risk Department Every Bit As Weak, Bullied As Credit Suisse’s Actions Suggest
Despite earlier reassurances to the contrary, where there’s this much smoke, there is a raging risk and compliance fire.
BofA Illegally Took Customers’ Money, Charged Them For The Pleasure
And now the CFPB is levying its own charges.
Bonus Watch ’22: You Didn’t Spend All Of Your 2021 Windfall Already, Did You?
Because this years’ is gonna be a lot more modest, and feel even more so.
Citigroup’s Still Got Some Risk Control Work To Do
Another day, another fat finger.
Frankfurt Police Making The Rounds Of All The Banks
It’s nice that they’re all so close together, and maybe also committing the same crimes.
Credit Suisse Shareholders Open Door To Lawsuits, Simultaneously Begin Filing Them
A modicum of competence and attention to fiduciary duties may be necessary to get that legal liability discharge.
It Sure Is Handy That The German Police Already Know Where Deutsche Bank Keeps Its Suspicious Activity Reports
Because they’re back for another look.
Bill Hwang’s Bullets Eventually Ricocheted On Him
But the Archegos chief believed in himself until the very end.
Prosecutors Pretty Sure You Can’t Lose Your Banks $10 Billion Legally
Which is bad news for Bill Hwang and the Archegos crew.
Eyewear Company Thinks JPMorgan Needs Some Glasses
The better to spot the obvious fraud with. And also maybe to read this lawsuit it just filed.
Credit Suisse Investor Would Like To Know A Bit More About That $5.5 Billion Loss, Suspects Bank May Not Be Especially Well-Run
In fact, Norges Bank Investment Management would like a pretty thorough check before it forgoes its right to sue everyone.
Five Profit Warnings In A Year-And-A-Half Is Totally Normal, Right?
It is if you’re Credit Suisse.
Prosecutors Spoof Spoofer Into Guilty Plea For Spoofing
For once, things go according to plan for the DoJ.
Bonus Watch ’21: Up-And-Coming Local D.J.s
David Solomon better hope Lollapalooza pays well if Glass Lewis gets its way.
Morgan Stanley Plumping For All The Little Archegoses Out There
The House of Gorman wants to be the home of the family office.
‘Obvious, Commercial, Accessible, Competent, Inoffensive’: David Solomon’s Art Imitates His Life
Get ready for some ‘VIP-room style’ beats, Lollapalooza.
Guy Nominally Overseeing Credit Suisse’s Archegos Disaster Also Allegedly Not Great At Managing Women
Brian Chin apparently saw no issue with keeping the ladies in the Birdcage.
On Second, Post-Probe Thoughts, Investor Thinks Morgan Stanley May Really Have Screwed It Over Here
With this new s**t that has come to light, Disruptive Technology has a whole new perspective on its block trade last year.
Ken Griffin Would Have Handled This Whole Russia Thing Differently
But thanks for the soccer team, he guesses.
Are Attorneys Responsible For $600M ‘Stupid’ Mistake?
It sure looks like that's what happened...
What A Digital Dollar Might (Or Might Not) Add To The US Economy
Given that existing currency is already pretty digital, what would really change if we went to a central bank-issued digital dollar?
You’ll Never Guess Which Big Global Bank Is Already Under Investigation For Breaking Russia Sanctions
Yup, it’s the one that really got “into the Russian psyche.”
Firing Watch ’22: Barclays Back Office Staff
A bit of incomprehensible stupidity just cost the bank nearly $600 million.