Edition:
United States

Aparajita Saxena

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Feb 13 2018

Online lender OnDeck's profit beats on lower costs, shares soar

Shares of OnDeck Capital Inc soared on Tuesday after the online lender reported better-than-expected quarterly profit as it set aside less money for bad loans, and managed to keep costs lower.

Feb 05 2018

Fed restrictions continue to badger Wells Fargo; U.S. banks down

Wells Fargo & Co's shares fell as much as 9.4 percent to $58.05 on Monday, sparking a sector-wide sell off after the Federal Reserve imposed regulatory restrictions on the bank, forcing it to improve its governance and controls in the wake of the sales scandal.

Feb 01 2018

Lazard fourth quarter beats estimates, tax changes complicate conversion plans

NEW YORK Asset manager and advisory firm Lazard Ltd said on Thursday that it is reviewing whether to convert into a "C Corporation" from its current status as a public partnership after changes to the U.S. tax code mean such a conversion could raise its effective tax rate by about 10 percentage points.

Feb 01 2018

Holiday cheer lifts Mastercard's profit above Street

Mastercard Inc's quarterly profit topped estimates on Thursday, boosted by a busy holiday shopping period that saw more people swiping credit and debit cards for larger sums.

Jan 18 2018

Morgan Stanley raises targets, but Wall Street wants more

Morgan Stanley raised key profitability and efficiency targets on Thursday, but those loftier goals failed to impress Wall Street analysts, who repeatedly asked Chief Executive Officer James Gorman why the bank could not do even better. | Video

Jan 17 2018

Goldman investors rattled by latest plunge in bond trading

Goldman Sachs Group Inc on Wednesday reported a sharp drop in trading revenue that renewed questions about its ability to revive a moribund profit driver or find business to replace it, sending shares down 3 percent. | Video

Jan 17 2018

Goldman Sachs zeigt Schwächen wie in der Finanzkrise

Bangalore Der maue Handel und Milliardenkosten durch die US-Steuerreform haben der Investmentbank Goldman Sachs den ersten Quartalsverlust seit 2011 eingebrockt.

Dec 29 2017

Goldman warns of $5-billion earnings hit from U.S. tax law

Goldman Sachs Group Inc said on Friday it would take a $5 billion earnings hit in the fourth quarter for the new U.S. tax law, becoming the first major U.S. bank to detail the law's one-time impact on corporate profits held overseas. | Video

Dec 29 2017

Marijuana firms in cloudy haze over banking woes

Zach Lazarus, chief executive officer of A Green Alternative, a marijuana dispensary in San Diego, California, has lost count every time he re-opened a bank account after it was closed because of his connection to the cannabis industry.

Dec 04 2017

Shares of big U.S. banks jump as Senate approves tax overhaul

Shares of the biggest U.S. banks rose on Monday, after the Senate approved a tax overhaul bill on Saturday, raising investor hopes that their earnings would get a boost from a significantly lower tax bill.

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