|Day Low/High||27.83 / 28.70|
|52 Wk Low/High||22.66 / 31.91|
U.S. Representative Nydia Velazquez, a New York Democrat, asks Citigroup CEO Michael Corbat at a hearing in Washington what it was like to get paid more than 400 times his employees' median pay. Corbat's response was that he hoped employees might see opportunities to get promoted.
Goldman Sachs is paying top-of-the-market interest rates on regular savings accounts via its online bank. So CEO David Solomon used his testimony at a U.S. House of Representatives hearing to tout the offering -- with the CEOs of low-paying JPMorgan Chase and Bank of America sitting close by.
The tech-based drinks outlet keeps a tight lid on wage pressures.
A cheat sheet of expected questions for investors and political theater enthusiasts.
The Optimism Index reading averaged 101.56 for the first quarter, well below 106.4 from a year earlier.
The reading averaged 101.56 for the first quarter, well below 106.4 from a year earlier.
The number of U.S. job openings falls in February to an 11-month low of 7.1 million, the Labor Department says, in a sign of just how drastically businesses slowed hiring in the wake of December's stock-market swoon and the 35-day federal-government shutdown, the longest in American history.
It is likely time to build a long position in GS, but only on my terms.
Bank of America says it will raise its minimum wage to $20 an hour from $15 now, in an effort to be a 'great place to work.'
Goldman's consumer-focused fin-tech effort is a key theme to watch in 2019.
As previously announced, Bank of America will report its first-quarter 2019 financial results on Tuesday, April 16.
Bank of America today announced that it will raise its minimum wage to $20 per hour over a two-year period.
The expansion by Bank of America, the second-biggest U.S. lender, in Ohio aims squarely at territory that's currently dominated by large regional banks like Fifth Third, Huntington and Key.
Bank of America said it would accelerate a branch expansion and modernization effort started three years ago -- betting that customers still want to visit physical locations even as more shoppers go online.
Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock: Series of Preferred Stock Dividend per Share or...
Bank of America continues to make significant investments to modernize more than half of its financial centers nationwide, along with its entire ATM network.
Bank of America announces it will mobilize an additional $300 billion in capital by 2030 through its Environmental Business Initiative.
Bank of America was today ranked the top financial institution in the 2019 LinkedIn Top Companies list.
Goldman Sachs analysts like the battered bank stocks. Plus, see why Walgreens' worst problem has little to do with low drug prices.
Regulators have warned against the creeping use of technology in traditionally human-intensive decisions like whether to make a loan, and at what interest rate. But a new study shows that the online platform LendingClub might be just as good at lending as the largest banks.
Despite buoyant stock markets in the first quarter and a rally in Treasury bonds, the biggest U.S. banks probably suffered steep declines in trading and investment-banking revenue during the period, partly due to the U.S. government's shutdown, according to Goldman Sachs analysts.
Bank of America today announced a new $5 billion affordable homeownership initiative for low- to moderate-income and multicultural homebuyers and communities across the country.
There's still gains to find in financials.
The retirement of Wells Fargo chief executive Tim Sloan could help give the scandal-plagued bank a clean slate after sanctions from regulators, attacks from lawmakers and growing shareholder dismay.
The Bank of America Charitable Foundation today announced it will make the $1 million capstone grant to Museum Lab at Children's Museum of Pittsburgh, completing the organization's $18 million capital campaign.
Randal Quarles, the Federal Reserve's vice chair for supervision, says regulators need to be vigilant about new risks from lenders that operate outside of the strictest banking-industry rules - as well as from the increasing push by technology companies into lending and asset management.
DepositAccounts.com, which tracks the savings industry, says in a new report that banks are increasing early withdrawal penalties on certificates of deposit, making it harder for savers to exit and reinvest in higher-paying products as interest rates rise.
According to the New York State Comptroller's office, the average bonus paid to securities-industry employees in New York City declined by 17% to $153,700. But Wall Street bankers and traders still make roughly five times more, on average, than workers in other industries.
The digital version of Apple's new credit card with Goldman Sachs and Mastercard will give customers 2% cash back on all purchases made using Apple Pay technology. That could be a tough offer to resist, since the average cash-rewards card pays roughly 1%.
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