Bank of America leader Brian Moynihan is starting to embrace caution in risk-taking — here’s the reason.
Bank of America’s Leadership Moves Indicate a Shift in Strategy Bank of America’s higher-ups might finally be adjusting their approach to risk. CEO Brian Moynihan, who has led the bank since the 2008 financial crisis, has made waves by promoting Jim DeMare to co-chairman of the bank. The response to DeMare’s promotion was intriguing, as […]
Reeves tells City regulator to encourage more risk-taking in financial sector | Financial sector
Financial regulators have been ordered to encourage more risk-taking across the City, raising concerns that a Labor government is at risk of watering down regulations meant to avoid a repeat of the financial crisis. officially 'Remittance' letter to the Financial Conduct Authority (FCA) President Nikhil Rati and Prime Minister Rachel Reeves say regulations aimed at […]
Fed prosecutor leading Adams case is a risk-taking ‘cowboy’: mayor’s camp
The lead prosecutor overseeing Mayor Adams' landmark federal corruption case has a reputation as a “cowboy” with a penchant for inciting mobs and taking risks, and could do the same in former Lt. Gov. Adams' chaotic case. There is sex. Gov. Brian Benjamin and a person close to Hizzoner said. Hagan Scotten, an assistant U.S. […]
Jerry Lewis: curious, risk-taking craftsman
Very few people have seen Jerry Lewis’ “The Day the Clown Cried.” The unreleased 1972 film, directed by Lewis himself as an alcoholic circus clown at Auschwitz who finds redemption by entertaining children on his way to the gas chambers, has become something of an inside joke among cinephiles and comedy geeks. The sheer misguided […]