By Reuters Staff
2 Min Read
FILE PHOTO: A sign outside JP Morgan Chase & Co. offices is seen in New York City, U.S., March 29, 2021. REUTERS/Brendan McDermid
(Reuters) - JPMorgan Chase & Co has hired Sherry Ann Mohan, a senior executive at Goldman Sachs Group, as the chief financial officer of its business banking unit, according to a memo seen by Reuters on Friday.
Mohan was the managing director and CFO for Goldman’s consumer business, which includes Marcus and Apple Card, and will be departing after nearly 15 years at the bank.
Mohan will be starting her new role in August, the memo said. The news was reported by CNBC earlier in the day. (bit.ly/3hsMyUK)
The Finance 202: Rubio’s last stand highlights tax bill’s corporate skewby wpjljron
Friday, December 15th, 2017.The Finance 202: Rubio’s last stand highlights tax bill’s corporate skewTHE TICKER Sen. Marco Rubio (R-Fla.). (Aaron P. Bernstein/Getty Images) Want more stories like this? Sign up here. At worst for Republicans, Sen. Marco Rubio’s opposition to their tax package sinks the bill. If he remains opposed, as does, say, Sen. Bob Corker (R-Tenn.), only one more Republican defection would mean failure. Much more likely, […]
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At worst for Republicans, Sen. Marco Rubio’s opposition to their tax package sinks the bill. If he remains opposed, as does, say, Sen. Bob Corker (R-Tenn.), only one more Republican defection would mean failure. Much more likely, leaders reach an accommodation with the Florida Republican that satisfies his demand for expanding the child tax credit.
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Solomon has steered the bank to blowout profits and a record stock price. But with partners quitting and burnout soaring, some insiders say the executive s hard-charging style has come at a cost.
Every summer when he was running Goldman Sachs investment banking division, David Solomon assembled his top lieutenants for two days of off-site meetings.
The gatherings served as a forum for executives, in the language of house renovation, to strip the business down to its studs.
As executives began to rebuild, Solomon cast a critical eye, said a person familiar with many of the reviews. What could be improved? Who s doing it better? What stands in the way of success? How can incremental profit be squeezed?
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Scott Stringer is facing calls to drop out of the mayor’s race and
One of Stringer’s biggest
supporters, state Sen. Jessica Ramos, officially rescinded her endorsement Wednesday afternoon. “This kind of behavior is unacceptable in any workplace and those who have perpetrated such acts must be held accountable for their actions, not given bigger platforms,” the Queens pol said. She’s one of the young, progressive female lawmakers whose early endorsements gave Stringer cred on the left, and has been highly active in his campaign ever since. Several Democratic district leaders announ