US Regulators Propose More Power to Claw Back Banker Bonuses
Three US regulators took an initial step toward imposing long-delayed rules that would force lenders to claw back some pay from executives who take on too much risk.
Three US regulators took an initial step toward imposing long-delayed rules that would force lenders to claw back some pay from executives who take on too much risk.
Texas burger chain Whataburger is returning to the debt market to cut borrowing costs on its existing leveraged loan and redeem the remaining preferred equity on its balance sheet, finishing a transaction it started earlier this year.
As Wall Street braces for the new era of faster settlement times across securities, Citigroup Inc.’s global custody business is leaving nothing to chance after taking measures to avoid failed trades ahead of the end-May deadline.
Palantir Technologies Inc. beat analysts’ sales estimates in the first quarter and raised its forecast for annual revenue, citing demand from U.S. companies for its new artificial intelligence software.
Boeing Co. faces a new investigation by US aviation safety regulators tied to inspections of the company’s 787 Dreamliner and whether employees may have falsified records.
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