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Robert Armstrong is the FT’s chief editorial writer. Previously, he edited the FT’s Lex Column. Before becoming a journalist, he worked in finance and studied philosophy.
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Record profitability is not shared evenly among industry’s leaders and their underlings
Board rewards the chief’s ‘outstanding individual performance’
Bank to lay off 1,500 as asset servicing and index fund units both feel margin pressure
JPMorgan Chase boss receives a 5% increase from previous year
Card-member rewards added to the company’s 4Q expenses
CEO James Gorman says performance in bond trading unit ‘not satisfactory’
Wall Street bosses see few signs that market volatility has harmed US real economy
Strong consumer banking revenue offsets rocky trading
Federal Reserve’s $2tn ceiling to stay in place to the end of 2019
Can the bank once seen as the best-managed in America recover its premium valuation after a series of scandals?
Are the big six Wall Street groups performing as badly as their shares?
ValueAct will get confidential data on the US bank without taking a board seat
Concerns over funding costs and credit quality linger ahead of quarterly results
Insurance group had refused to pay for NotPetya attack, invoking a war exclusion
Head of US business to take helm with insurer’s share price having disappointed the market
In an economic slump, buyers for BBB-rated bonds may be hard to find
Issuers which are first with long-delayed technology are set to reap benefits
Groups commit to work with affected customers regarding missing payments and deferrals
The biggest movers include Goldman Sachs, Merck and AMD
Settlement with 50 US states is latest over fake accounts and mis-selling scandals
Wealthfront and Hedgeable fined in US regulator’s first action against the sector
‘Anyone asking me for PR advice would need their head examined’
Lim Guan Eng calls for highest targeted reparations over bank’s dealings with 1MDB
US bank’s global head of forex prime brokerage is out after currency debacle