bankers

HSBC Cutting Top Managers in $300 Million Savings Plan
HSBC Cutting Top Managers in $300 Million Savings Plan
October 10, 2024  |  Banking

Management ranks at banking giant HSBC could soon begin to thin. The Financial Times (FT) reported Thursday (Oct. 10) that sources familiar with the matter say new CEO Georges...

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Fed’s Senior Loan Officer Survey Signals Pressure as Small Businesses Seek Credit
Fed’s Senior Loan Officer Survey Signals Pressure as Small Businesses Seek Credit
July 31, 2023  |  Banking

The traditional avenues of lending are narrowing, signaling tougher times ahead for smaller businesses seeking access to credit. As detailed Monday (July 31) in the...

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Trump Wants Additional $250 Billion For SMB Loans
Trump Wants Additional $250 Billion For SMB Loans
April 07, 2020  |  Loans

President Donald Trump said he is working with congressional leaders to come up with another $250 billion in loan guarantees to help small- and medium-sized...

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Trump Gathers Bank Leaders To Take Temperature On Coronavirus
Trump Gathers Bank Leaders To Take Temperature On Coronavirus
March 10, 2020  |  Coronavirus

U.S. President Donald Trump has asked top bankers to attend a meeting regarding the coronavirus outbreak, as leaders worldwide try to assess the damage to...

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FinCEN Director: Bankers, Lawyers Provide Valuable Information To Deter Crime
FinCEN Director: Bankers, Lawyers Provide Valuable Information To Deter Crime
December 10, 2019  |  Security & Fraud

Financial Crimes Enforcement Network (FinCEN) Director Kenneth A. Blanco told bankers and lawyers at a conference Dec. 10 that the information they report provides important...

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Groupon Says It Wants To Be Bought
Groupon Says It Wants To Be Bought
July 09, 2018  |  Partnerships / Acquisitions

Groupon, the daily deal website operator, is reportedly looking for a buyer and has been reaching out to potential buyers. According to a report in...

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Goldman Sachs Employees’ Second Job: Venture Capitalists
Goldman Sachs Employees’ Second Job: Venture Capitalists
June 18, 2018  |  Investments

The bankers at Goldman Sachs have been moonlighting as venture capitalists, investing in many startups that eventually became household names and overseeing a portfolio worth...

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