SELECT LANGUAGE BELOW

Powell ‘solely responsible’ for delays on banker compensation reform: Warren

Sen. Elizabeth Warren (D-Mass.) has grown increasingly frustrated with the Federal Reserve’s slow regulatory response and is calling on Fed Chairman Jerome Powell to step on the gas. Warren’s latest gripe is the banker-pay provisions of the Dodd-Frank reform law, which was enacted in 2010 after Congress bailed out the financial sector and required Wall […]

Goldman Sachs banker fired after pleading guilty to sexual assault

A Goldman Sachs banker was fired last month after his superiors learned that he had pleaded guilty in February to sexually assaulting his niece multiple times over a period of several years, beginning in 2004. Ronan O’Grady, 33, who has worked as a personal wealth adviser at Goldman’s London office since 2017, was sentenced to […]

Manhattan banker arrested for alleged assault at Pride event

Man punches man at New York Pride event After a video showing a man punching a woman on the sidelines of a Brooklyn Pride event went viral, sources say there’s more going on than what’s shown in the 10-second video. (Credit: @hellosami/X) A man accused of punching a woman in the face during a Pride […]

What banks should know about SCOTUS' 'swipe fee' ruling – American Banker

Anna Rose Layden/Bloomberg Corner Post It’s a relatively remote gas station. Waterford CityA town in western North Dakota with a population of about 6,000, this town is the global center of North Dakota’s businesses. Financial Services, payment And many other industries Challenge Rules. of supreme court The Federal Reserve Board ruled 6-3 on Monday that […]

AOC wins Democratic primary over former Wall Street banker Marty Dolan

Rep. Alexandria Ocasio-Cortez won the Democratic primary on Tuesday, defeating a conservative-backed opponent. Members of the far-left “Squad” garnered enough votes to fend off a challenge from political newcomer Marty Dolan, according to the Associated Press, which reported the race’s victory less than 20 minutes after the polls closed at 9 p.m. Rep. Alexandria Ocasio-Cortez […]

Millionaire banker filmed punching woman at Brooklyn Pride event quits job

A billionaire investment banker who punched a woman in the face during a Pride event in Brooklyn earlier this month has resigned, the company announced Monday. Jonathan Kaye, head of global business services franchises for Manhattan-based Moelis & Company, was captured on video punching an anti-Israel protester in Park Slope on June 8. Jonathan Kaye […]