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Goldman Sachs adds Waldron to board, lining up potential CEO succession
Banks

Goldman Sachs adds Waldron to board, lining up potential CEO succession

Posted on: February 27, 2025

Goldman Sachs has added John Waldron, its president and chief operating officer, to the board of directors, reinforcing his position as a potential successor to CEO David Solomon. […]

Goldman Sachs Exec John Waldron Joins Board, Strengthening Position as Potential Next CEO
Banks

Goldman Sachs Exec John Waldron Joins Board, Strengthening Position as Potential Next CEO

Posted on: February 27, 2025

Goldman Sachs has appointed its president and chief operating officer, John Waldron, to its board of directors. This decision comes a month after Waldron received a retention bonus, […]

JPMorgan’s RTO Policy Sparks Potential Exodus Among Tech Workers
Banks

JPMorgan’s RTO Policy Sparks Potential Exodus Among Tech Workers

Posted on: February 26, 2025

JPMorgan Chase, known for its significant investment in technology, faces potential talent loss due to its rigid return-to-office (RTO) policy. CEO Jamie Dimon’s recent comments during a town […]

Banks

Jamie Dimon Reflects on Work-from-Home Stance Amid Bank Job Cuts Due to AI

Posted on: February 26, 2025

Jamie Dimon, CEO of JPMorgan, has reconsidered his earlier comments about remote work after a controversial town hall discussion was recorded. Initially expressing frustration with remote work and […]

Bankrupt Joann closing all 800 stores after failing to find buyer to keep business alive
Banks

Bankrupt Joann closing all 800 stores after failing to find buyer to keep business alive

Posted on: February 25, 2025

Crafts retailer Joann is set to close all of its stores as part of its bankruptcy proceedings, having failed to find a buyer willing to keep some of […]

JPMorgan Executive Urges Increased Effort Amid Return-to-Office Policy Debate
Banks

JPMorgan Executive Urges Increased Effort Amid Return-to-Office Policy Debate

Posted on: February 25, 2025

A JPMorgan Chase executive has called for increased effort from employees, just days after CEO Jamie Dimon dismissed resistance to the bank’s five-day return-to-office policy. Rohan Amin, the […]

Jamie Dimon defends viral town hall comments: ‘I’m not against work from home. I’m against where it doesn’t work.’
Banks

Jamie Dimon defends viral town hall comments: ‘I’m not against work from home. I’m against where it doesn’t work.’

Posted on: February 25, 2025

JPMorgan CEO Jamie Dimon clarified his stance on work-from-home policies during a CNBC interview at the bank’s global leveraged finance conference in Miami. Dimon expressed regret for using […]

Berkshire’s Insurance Income Soars
Banks

Berkshire’s Insurance Income Soars

Posted on: February 25, 2025

Berkshire Hathaway (BRK.B 4.96%) reported strong Q4 operating earnings of $14.5 billion, a 71% increase from Q4 2023, driven by a surge in insurance underwriting income and investment […]

Robinhood Escapes SEC Penalties in Crypto Probe
Banks

Robinhood Escapes SEC Penalties in Crypto Probe

Posted on: February 25, 2025

Robinhood has announced that the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into the company’s crypto business without taking any enforcement action. The fintech firm, […]

Warren Buffett Says ‘It Won’t Be Long’ Before Greg Abel Succeeds Him as Berkshire Hathaway CEO
Banks

Warren Buffett Says ‘It Won’t Be Long’ Before Greg Abel Succeeds Him as Berkshire Hathaway CEO

Posted on: February 24, 2025

In his annual letter to shareholders, Warren Buffett revealed that Greg Abel, head of Berkshire Hathaway’s energy division, will soon succeed him as CEO. Buffett, 94, emphasized Abel’s […]

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