Questions remain as to whether the bank has done enough under the CEO's leadership to adjust to a post-crisis world.
Gillian TanSenior Reporter
Gillian Tan is a senior reporter covering real estate, infrastructure and finance. She previously wrote an opinion column for Bloomberg and was a reporter for the Wall Street Journal. She is a qualified chartered accountant.
If the department store's founding family delivers a sweetened bid, it'd be prudent for the board to accept.
Folks are wondering what buyout firm Silver Lake is doing in a situation where the Dolan family has control. Here's a theory.
The private equity firm has a knack for identifying targets, and here's what's on its list now.
The bank's action shows how a rigorous regulatory regime can encourage good behavior.
Abandoning a partnership structure may be a boon, but Ares's outsize gains could prove premature.
The vice chairman of Berkshire Hathaway, the bank's biggest shareholder, was tone-deaf in saying regulators should let up on the lender.
A management shake-up provides a fresh window of opportunity for private equity firms.
Private equity needs to put dry powder to work, and dabbling in unsolicited transactions such as Broadcom's bid for Qualcomm is one way to do so.
A fund designed to invest in companies for longer than a decade comes with fewer potential conflicts than those managed by industry leaders.
Its consumer-finance efforts shouldn't be taken lightly by incumbents such as Synchrony and Citizens Financial.
Greenhill's CEO called the firm's miserable 2017 an "aberration" -- but it has its work cut out to ensure this year isn't a repeat.
The bank's shares are approaching bargain territory now.
The board could improve perceptions and set a different tone by replacing a CEO who is partially culpable for its various scandals.
Shrewd private equity investments and moves to diversify into recurring fee-based businesses have helped its valuation power ahead of rivals.
Deals like the one for Thomson Reuters's data unit require a bit of serendipity and investor support.
But the trade-off in lower medical costs and a potentially lucrative new business could be worth it.
The bank has two women in its senior executive ranks but declined to appoint either as a co-president.
For alternative asset managers mulling a switch from partnership to corporation, the cons outweigh the pros.
The lender is undoubtedly sharing tax-cut savings with its employees and the community ... just not $20 billion worth.