here are a few, not the baker
>>6619334 Chinese social credit program here now
>>6619336 OIG report on Comey released
>>6619344 Facebook outages WW
Wells Fargo adds former Bank of America executive to board
NEW YORK (Reuters) - Wells Fargo & Co said on Wednesday the bank’s board of directors had elected former Bank of America Corp executive Charles Noski to join the board.
Noski’s appointment, effective on June 1, expands the board to 13 seats. He will serve on its audit and examination committee.
Wells Fargo’s board has been shuffled many times since the bank became mired in scandal roughly 2-1/2 years ago. More than half of the company’s independent directors joined the board after 2016.
Noski joined Bank of America in 2010 as chief financial officer while the bank was still trying to turn itself around and recover from the financial crisis. He retired in 2012 after helping the bank change its mortgage lending business model.
Noski currently serves on the boards of Microsoft Corp and Booking Holdings Inc and has held director positions at companies including Morgan Stanley, AT&T and Northrop Grumman.
https://www.reuters.com/article/us-wells-fargo-board/wells-fargo-adds-former-bank-of-america-executive-to-board-idUSKCN1SZ2EM
Citi Joins JPMorgan in Warning of Second-Quarter Trading Slump
The two biggest trading houses on Wall Street are warning of a slump.
Citigroup Inc. said trading revenue has declined so far this quarter, joining JPMorgan Chase & Co. in reporting a downturn for the business. A burgeoning trade war, the U.K.’s planned exit from the European Union and escalating tension between the U.S. and Iran have weighed on market sentiment in recent weeks, according to Citigroup Chief Executive Officer Michael Corbat.
“Clearly, trading revenue and wallets right now are down," Corbat said Wednesday at a conference in New York. “In periods of uncertainty, things tend to become pretty muted.”
Corbat declined to give specific figures about his firm’s performance so far this quarter, saying Chief Financial Officer Mark Mason would give more details in coming weeks. JPMorgan CEO Jamie Dimon said Tuesday that his firm’s trading revenue had declined 4% to 5% during the first two months of the second quarter, while noting that “the next month could dramatically change that.”
Corbat also voiced some optimism for his firm’s ability to improve results from its markets business. He said the company is focused on developing better ties between its trading and treasury-management units to improve the experience for corporate customers.
“We’ll likely continue to take share,” Corbat said. “We’ll go up and down with the market. But I would expect that we should either match, or, probably more importantly, outperform over time.”
Corbat also said Wall Street will begin to benefit as central banks around the world step back from quantitative easing, or bond buying to stimulate economic growth, because the policy change will create room for banks to step in and provide additional liquidity or financing.
https://www.bloomberg.com/markets/fixed-income
good luck with that last statement…spergs.
>escape a conviction of fraud but will admit to a lesser charge and pay NIS 55,000 ($15,210) to the state.
that is a parking ticket to them
Muh Feelz!