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Bank execs sing praises of new tax law as windfall looms

Two of the nation's biggest banks — JPMorgan Chase and Wells Fargo — indicated Friday that they expect to see significant future benefits from the recently enacted GOP tax bill, through both lower taxes and increased business......»»

Category: topSource: foxnewsJan 12th, 2018

Bank of America execs tout "responsible growth" as bank hits sweet spot

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.....»»

Category: topSource: bizjournalsApr 16th, 2018

JPMorgan"s Dimon praises Trump"s tax cuts and deregulation

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......»»

Category: videoSource: reutersApr 5th, 2018

Dimon praises Trump"s deregulatory efforts in annual letter

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......»»

Category: topSource: moneycentralApr 5th, 2018

JPMorgan Chase execs get paid money for nothing (and the checks are free)

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......»»

Category: blogSource: crainsnewyorkMar 24th, 2018

Bank accounts could disappear within 15 years according to one of Deutsche Bank"s most senior execs

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

Category: topSource: businessinsiderMar 22nd, 2018

Market Extra: Here’s why companies should invest their tax windfall in diversity

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......»»

Category: topSource: marketwatchMar 17th, 2018

By the numbers: How much First Citizens Bank"s top execs made last year

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 .....»»

Category: topSource: bizjournalsMar 14th, 2018

Nirav Modi scam at PNB: SFIO summons execs of 31 banks; top 10 developments

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.....»»

Category: topSource: business-standardMar 6th, 2018

Survey: Expected Interest Rate Increases This Year Remain Top Concern Among CRE Execs

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.....»»

Category: personnelSource: nytFeb 28th, 2018

Mystery looms: Letter to BS on Punjab National Bank"s Rs 114 bn scam

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

Category: topSource: business-standardFeb 18th, 2018

"Mistake of fact": CBI closes FIR against Repco Home Finance MD, 3 others

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.....»»

Category: topSource: business-standardFeb 14th, 2018

22,000 JPMorgan employees to get raises from bank's tax windfall

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

Category: topSource: usatodayJan 23rd, 2018

JPMorgan Chase is raising wages as part of a $20 billion investment in U.S. business

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......»»

Category: topSource: washpostJan 23rd, 2018

As Petro-Yuan Looms, Bundesbank Adds Renminbi To Currency Reserves

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.....»»

Category: blogSource: zerohedgeJan 15th, 2018

Wells Fargo"s legal troubles won"t go away

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......»»

Category: topSource: cnnJan 12th, 2018

Wells Fargo"s legal troubles erase tax windfall

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......»»

Category: topSource: cnnJan 12th, 2018

Hamas Praises West Bank Attack As Israel Launches Manhunt For Rabbi"s Killers

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

Category: topSource: newsweekJan 10th, 2018

4 Ways to Develop Raving Fans Inside Your Company

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

Category: topSource: incDec 22nd, 2017

4 Ways To Develop Raving Fans Inside Your Company

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

Category: topSource: incDec 22nd, 2017

Insolvency row: SBI moves NCLT against debt-ridden IVRCL as deadline looms

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-.....»»

Category: topSource: business-standardDec 11th, 2017