Banking and Financial Institutions – Page 147

Banker Bonuses Drop 26% on Wall Street As Deal-Making Cools

The bumper payouts earlier in the pandemic have waned, as banks cut costs and worries about financial stability loom over markets.

By Lauren Hirsch

The JPMorgan chief executive led an effort to raise $30 billion for First Republic, but no one is sure if it did any good.

By Rob Copeland and Maureen Farrell

One Federal Reserve official has suggested the trouble that Silicon Valley Bank touched off makes a recession more likely.

By Jeanna Smialek

The raids were part of a widening investigation spanning four continents and involving dozens of banks in an alleged scheme to avoid paying taxes.

By Liz Alderman