Bank execs sing praises of new tax law as windfall looms

For Bank of America Corp. (NYSE: BAC), it's onward and upward. The nation's second-largest bank released its first-quarter earnings results Monday morning, reporting a record net income of $6.9 billion, or 62 cents in diluted earnings per share. Fir.....»»

JPMorgan Chase Chief Executive Officer Jamie Dimon said President Donald Trump's administration's efforts to cut taxes and deregulate are helping his bank make more money. Aleksandra Michalska reports......»»

JPMorgan Chase chief executive officer Jamie Dimon complimented the administration of President Donald Trump in his annual letter to shareholders Thursday, saying tax cuts and deregulatory efforts are helping his bank make more money......»»

JPMorgan Chase paid CEO Jamie Dimon nearly $30 million last year, but nearly 80% of that was in deferred stock that can’t be sold for a long time. To boost his take-home pay, the bank’s... To view the full story, click the title link......»»

Reuters One of Deutsche Bank's most senior executives said that bank accounts could be obsolete within 15 years. Marcus.....»»

Improving a company’s return on equity can be achieved with focusing on a single metric: ESG, according to Savita Subramanian and Jill Carey Hall, equity quant strategists at Bank of America Merrill Lynch......»»

Despite flat salaries, executives at Raleigh-based First Citizens Bank & Trust parent First Citizens Bancshares saw bigger paydays in 2017. That’s according to a new proxy filing that shows CEO Frank Holding Jr.’s base salary – at $955,000 â.....»»

ICICI Bank Managing Director and Chief Executive Chanda Kochhar and her Axis Bank counterpart Shikha Sharma have been summoned by the SFIO in connection with the scam at PNB.....»»

Federal Reserve Chairman Jerome Powell delivers the semiannual Monetary Policy report to the U.S. House of Representatives on Feb. 27. Credit: Federal Reserve Bank Rising interest rates remain the top.....»»

An LoU does not contain a financial commitment.....»»

The FIR had been lodged against MD R Varadarajan, and other top execs of Repco Bank in relation to preclosure charges/penalty for loan accounts of a firm named Durga Agencies.....»»

Salary hikes are part of a $20B five-year .....»»

The bank, the largest in the United States by assets, is the latest corporation to lay out it plans to spend a windfall from changes to the tax code......»»

Just days after China's (denied) threat to slow/stop buying US Treasuries, and just days before the launch of China's petro-yuan futures contract, Germany's central bank confirmed it would include China's Renmin.....»»

Wells Fargo scored a massive $3.4 billion windfall from the tax law, but most of that was erased by mounting legal costs from the bank's various scandals......»»

Wells Fargo scored a massive $3.4 billion windfall from the tax law, but most of that was erased by mounting legal costs from the bank's various scandals......»»

Rabbi Raziel Shevach was killed in a drive-by shooting near his settlement on Tuesday......»»

Every business aspires to create brand advocates who will sing their praises. But it starts by building internal advocates first......»»

Every business aspires to create brand advocates who will sing their praises. But it starts by building internal advocates first......»»

Hyderabad, 11 December: State Bank of India(SBI) on Monday moved the National Company Law Tribunal(NCLT) against Hyderabad-based infrastructure company IVRCL as the deadline to resolve the large NPA accounts in the second list-.....»»