Investors look to bank earnings season for signs of a recession

The US economy might be headed for a recession — or it might not be. Investors will be looking to bank earnings to clear up the question. The big banks start reporting second-quarter earnings this week, and what executives say Read more

Goldman, JPMorgan ring-fencing talks stoke fears of weakened rules

Goldman Sachs and JP Morgan scored meetings with a high-profile panel looking into the future of ring-fencing reforms, raising concerns about the role of big banks in crafting the financial guardrails. The meetings came as the Treasury sets up a Read more

Ex-JPMorgan traders accused of spoofing as $ 1bn case heads to court

Two former precious metals traders at JPMorgan Chase and a co-worker who handled hedge fund clients face trial starting 8 July in the climax of a seven-year Justice Department campaign to punish alleged market manipulation. The criminal trial in Chicago Read more

Investment bank fees fall by $ 24bn as deal boom loses steam

Dealmaking fees at top investment banks slumped by as much as 56% during the first half of 2022, as recessionary fears and rising interest rates have halted a boom that broke records last year. A sharp downturn in equity capital Read more

Q & A with Kelechi Onukogu: You can’t rely on your boss to progress your career

A: Some people realise that when you grow up, whatever you graduate in, is not where you’re going to end up. I quickly realized over time what my strengths were. And it’s all about relationship building and dealing with clients, Read more