Edition:
United States

Olivia Oran

Big U.S. banks engage universities to fill unglamorous banking jobs

Dec 15 2017

Banks are grappling with how to recruit young people into businesses like trade finance and cash management, which are increasingly important drivers of revenue but perceived to be un-sexy compared with investment banking and trading.

Democrat cites drafting error in proposed capital rule amendment

Dec 04 2017

NEW YORK A Democratic U.S. senator is backing away from a proposed legislative tweak that would have helped big banks lessen their capital burden, according to a statement provided to Reuters on Monday.

Democrat takes aim at controversial capital rule disliked by big U.S. banks

Dec 04 2017

NEW YORK, Dec 4 A Democratic U.S. senator wants to free the biggest U.S. lenders from having to hold capital against certain assets held at central banks, according to a document viewed by Reuters and a person familiar with it.

Big U.S. banks in last-ditch push on regulatory relief bill

Nov 30 2017

WASHINGTON Wall Street banks and big regional lenders are scrambling to secure changes to a U.S. Senate bill easing rules on smaller banks ahead of a key lawmaker meeting next week, several bank lobbyists told Reuters.

Goldman eschews bitcoin but wants to help clients crypto-trade

Nov 30 2017

NEW YORK Goldman Sachs Group Inc is trying to figure out how to cater to investors who want to trade bitcoin even though the digital currency remains too volatile for the Wall Street bank to trade itself, according to comments by a representative and its chief executive officer on Thursday.

U.S. bank examiners to show lighter touch, OCC's Noreika says

Nov 20 2017

NEW YORK A top U.S. bank regulator has been working to ensure that examiners on the ground have a lighter touch with institutions they scrutinize, but change will take more time, acting Comptroller of the Currency Keith Noreika said in an interview on Friday.

Analysts flee Wall Street with gallows humor as research changes loom

Nov 17 2017

Having covered financial stocks at big and small banks for more than two decades, David Hilder was accustomed to the ebb and flow of Wall Street job cuts and hiring sprees.

Goldman can hit $13 billion in new consumer loans in three years: CFO

Nov 14 2017

Goldman Sachs Group Inc can hit $13 billion in new consumer loans in the next three years through its Marcus online lending business, Chief Financial Officer Marty Chavez said on Tuesday.

Bond trading conditions have not improved in fourth quarter: Goldman CFO

Nov 14 2017

Little volatility and light client activity have kept fixed-income markets lackluster in the fourth quarter, with no improvement from the beginning of the year, Goldman Sachs Group Inc Chief Financial Officer Marty Chavez said on Tuesday.

Bond trading conditions have not improved in fourth quarter -Goldman CFO

Nov 14 2017

Nov 14 Little volatility and light client activity have kept fixed-income markets lackluster in the fourth quarter, with no improvement from the beginning of the year, Goldman Sachs Group Inc Chief Financial Officer Marty Chavez said on Tuesday.

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