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Emily Flitter
Posts
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How a Small Group of Firms Changed the Math for Insuring Against Natural Disasters
Climate change, inflation and global instability have thrust companies that sell insurance to insurers into the spotlight.
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Citigroup Says Its Predecessors Benefited From Slavery
The bank’s latest historical review, done as part of its racial equity pledge, shows indirect ties rather than direct profits.
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How Regional Banks Got Healthy Again
The crisis set off by Silicon Valley Bank’s collapse has waned. Its peers have more capital and deeper customer ties.
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Insurer’s Retreat in Florida Signals Crisis With No Easy Fix
Farmers is ending some policies in the Sunshine State as insurers struggle with the rising costs of covering climate change-related damage. No one can agree...
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Bank of America Fined $150 Million Over ‘Junk Fees’
The bank double-charged overdraft fees, withheld card perks and opened unauthorized accounts, regulators said. It will repay customers more than $80 million.
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Stress Tests Show Largest Banks Are Sturdy, Fed Says
The Federal Reserve tested banks’ ability to endure a real estate crash, high unemployment and trading turmoil.
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How Local Officials Seek Revenge on Their Hometown Newspapers
When coverage upsets them, towns and counties are revoking newspapers’ lucrative contracts to print public notices.
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Goldman Says U.S. Is Investigating Its Work for Silicon Valley Bank
Hired to help with a capital raise, Goldman Sachs advised SVB to make a move that provoked a public panic and ended with the smaller...
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How JPMorgan Became Banking’s Regular Rescuer
The largest bank is also the only one whose stability hasn’t been questioned. Its C.E.O. makes sure of that.
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Not Just a D.J., Goldman C.E.O. Also Dabbles in Luxury Real Estate
David Solomon is an adviser to and part owner of a private real estate company that Goldman Sachs has sought to do business with.