Goldman Sachs CEO sees recession risk as more likely than his own economists Landing a job at Goldman Sachs is a golden ticket. It's harder to get hired by Goldman than to get into Harvard. CEO David Solomon says 3,500 workers start this week. He wants them all in the office.
Saule Omarova gets candid: Banks sank her nomination to become a key regulator Days after withdrawing her nomination to become a key banking regulator, Omarova blames banks for distorting her research and creating an ugly environment.
Wall Street Is Paying Over $100,000 To Junior Bankers. For Many, That's Not Enough Wall Street has a big problem on its hands: Many of the young people it needs to fill its talent pool are having doubts about working in the industry.
Morning Edition Trump Regulator's Rule Would Force Banks To Lend To Gun-Makers And Oil Drillers The Trump administration is trying to force banks to make loans to gun-makers and to finance payday lenders. Critics call the move bizarre. It's opposed by watchdog groups and banks.
Who is Paige Thompson, the Seattle woman accused of hacking Capital One? On Monday, federal investigators raided a small house on Beacon Hill and arrested a 33-year-old woman named Paige A. Thompson.
38 Attorneys General Ask Congress To Bring Marijuana Money Into Banking System Most states have legalized marijuana in some form. But federal law still considers it an illegal drug, which exposes banks to legal risk if they handle weed-related money or transactions.
All Things Considered Bags Of Cash, Armed Guards And Wary Banks: The Edgy Life Of A Cannabis Company CFO Being chief financial officer in a pot business requires lots of workarounds, including hiring heavily armed guards. Few financial firms are willing to service a market that remains federally illegal.
CEO Says Wells Fargo Has Transformed After Scandals; Lawmakers Are Skeptical Both Republican and Democratic lawmakers question whether Wells Fargo has changed its culture away from fraud and mismanagement that have led to billions in fines and penalties against the bank.
Congressman Rick Larsen on why he voted to roll back Dodd-Frank regulations Bill Radke talks to Congressman Rick Larsen, who broke with fellow Democrats yesterday to vote for a partial rollback of Dodd-Frank banking regulations....
Speakers Forum Nomi Prins condemns government, banks in 'Collusion' Author Nomi Prins used to be a Wall Street banker. Now she writes with a critical eye about how banks and economies work. One example: how in 2017, U.S....