Eras in financial services end or recede with the incumbents always the last to find out
Handful of secretive businesses including Jane Street and Citadel Securities have seized market share from the old guard
An internal investigation is examining whether executives tipped off certain investors of upcoming secondary offerings
Lenders charged more for loans but kept interest payments to savers down, FT analysis finds
Appointment comes as industry’s working conditions come under fresh scrutiny
An important task for regulators is to understand how different forms of financial intermediation fit together to benefit customers
Discussions come as Wall Street Bank scales back its consumer ambitions, including vaunted partnership with iPhone maker
Former PwC partner Tim Ryan will take over data overhaul team from Anand Selva
Banks have played silly endgames on capital. They win silly prizes as a result
This week’s Big Question asks readers: what level of capital requirements should be mandatory for the largest banks?
Banking giants expect low or falling third-quarter growth
Jumbo fee comes as Wall Street hopes long-awaited deal boom is back
Neither Berkshire Hathaway’s selldown nor the prospect of lower interest rates should spook investors
Fed vice-chair says he learnt ‘lesson of humility’ when he had to revise capital requirements plan
Largest US bank says analyst consensus on profits from lending is ‘not very reasonable’
Central bank bows to pressure from Wall Street and Congress
Massachusetts regulator says Wall Street firm failed to police stock sales in run-up to failure of California regional bank
Oldest US bank aims to use Archer’s technology to expand in booming $5tn market
Bank has stepped up attempts to win back hedge fund business after Archegos-induced caution
Wall Street bank still expects to end up with a higher headcount at the end of 2024 than the year before
Capital requirements cut after first successful appeal by a US lender against central bank’s annual assessment
US bank is expanding services to commercial banking customers that once flew below its radar
First & Peoples survived many disasters, but loans to a fintech may prove its undoing
Banker’s guilty plea to sex offences raises questions about how employers monitor criminality
Regulator’s sprawling probe has already raked in more than $2bn in penalties