Commercial / Retail Banking News

By BEN PROTESS


Citigroup paid a $2 million fine and fired a prominent technology analyst after authorities accused the bank of improperly leaking to the media unpublished information about YouTube and confidential research on Facebook‘s initial public offering.

William F. Galvin, the Massa ...

By DEALBOOK

Bank of America on Thursday appointed four new directors to its board in anticipation of several current board members stepping down after they reach retirement age.

The newly appointed members, effective immediately, are Sharon L. Allen, a former Deloitte chairwoman; Jack Bovender ...

By PETER J. HENNING

JPMorgan Chase’s woes continue to grow after its disclosure of losses from a failed hedging strategy in its corporate bond portfolio. The bank is already the subject of an inquiry by the Securities and Exchange Commission, and now the Federal Bureau of Investigation has ...

By BEN PROTESS

Citigroup has named Peter Tague co-head of the bank’s global mergers and acquisitions team, a promotion that comes as the bank’s advisory business struggles to compete with those of other Wall Street giants.

Mr. Tague, an investment banking veteran who led Citigroupâ ...