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TransferWise customers can soon send money out of Malaysia with ‘no hidden mark-ups’

This makes Malaysia TransferWise's fourth country in Asia to enjoy its remittance service after Singapore, Japan and Hong Kong.

Fed Chairman Jerome Powell warns business borrowing at ‘historic highs’ shouldn’t be ignored

Near-record levels of business debt shouldn't be ignored, Federal Reserve Chairman Jerome Powell said on Monday.
Junior bankers are taking over Wall Street.

Wall Street firms are being taken over by 22-year-olds — here are the big banks that rely on junior talent the most

Despite the elimination of analyst-level grunt work, Wall Street banks are increasingly relying on their most junior employees.
The underwriters listed in Uber's S-1 include 11 of the same banks used in Lyft's IPO on March 29.

Morgan Stanley, Goldman Sachs, and all 27 other banks working on Uber’s mega-IPO

RBC Capital Markets, JMP Securities, Raymond James, and others managed to make it on the front page of both Lyft and Uber's coveted 2019 IPOs.
JPMorgan CEO Jamie Dimon.

‘Setting a high bar’: Banks are in rally mode after JPMorgan and Wells Fargo top expectations

Bank stocks jumped in early trading on Friday after JPMorgan and Wells Fargo topped analysts' earnings expectations.

Traders are holding their breath on evidence of a first earnings recession for three years

Global stocks were mixed on Friday as markets waited to see if US bank earnings would fuel fears of a first-half earnings recession.

No major bank CEO thinks a female or person of color is likely to succeed them

No major bank CEO thinks a female or person of color is likely to succeed them. The CEOs answered the question during a Congressional hearing on Wednesday.

Societe Generale is reportedly slashing 700 jobs in Paris and hundreds more in London and New York after brutal quarter

Societe Generale will cull up to 700 positions, with hundreds more expected in London and New York, Bloomberg reported.
Wells Fargo & Company CEO and President Tim Sloan testifies before the Senate Banking Committee on Capitol Hill in Washington, U.S., October 3, 2017.

‘In a way, his reign was doomed to start’: Wall Street analysts speculate on Wells Fargo’s next move after CEO Tim Sloan’s dep...

Wells Fargo said on Thursday its CEO, Tim Sloan, would retire. The bank is now looking for a new chief executive. Wall Street analysts weigh in.