Frackers Say Oil Production Slowing in the Shale Patch
U.S. oil-and-gas companies offer little relief for tight global market. Source link
Commercial Banking
JPMorgan, Macy’s and Other Companies Reveal What They Pay Workers as Deadline Looms
New York City employers are starting to comply with a new salary transparency law taking effect this week that will...
WSJ News Exclusive | Elon Musk’s Twitter Takeover Debt to Be Held by Banks Amid Turbulent Markets
Banks that committed to help finance Elon Musk’s takeover of Twitter Inc. plan to hold all $13 billion of debt...
China’s Downturn Moderates, Though Property Woes Linger
HONG KONG—Renewed Covid-19 curbs and a worsening property downturn are dampening the outlook for China’s economy, despite some modest signs...
Former Treasury Official Michael Barr Is Frontrunner for Top Fed Banking Regulator
WASHINGTON—Michael Barr, a former Treasury Department official, is the White House’s leading candidate to serve as the Federal Reserve’s top...
Bank Deposits Could Drop for First Time Since World War II
U.S. banks have a streak of increasing deposits as a group every year since at least World War II. This...
Snoring Colleagues, Brushing Teeth With the Boss: Inside Shanghai’s Big Office Sleepover
HONG KONG—The Covid-19 pandemic forced many people to learn to work from home. In China’s financial center, it is now...
Masks Come Off, Mandates Loosen as Companies Relax Covid-19 Protocols
U.S. companies are relaxing many of the vaccine and other Covid-related requirements that had become a staple of corporate life...
U.S. Jobless Claims Edge Higher Amid Tight Labor Market
New applications for U.S. unemployment benefits rose slightly last week, indicating a strong labor market in which employers are holding...
Sen. Joe Manchin Signals Opposition to Sarah Bloom Raskin for Fed Post
WASHINGTON—A key Democrat came out against Sarah Bloom Raskin’s nomination to become the Federal Reserve’s top banking regulator, likely dashing...
Russia-Ukraine Crisis Has Western Companies Bracing for Sanctions Hit
Western companies with operations in Russia and Ukraine are girding for the potential impact of fresh sanctions after Russian President...
Raskin Faces Senate Questions Over Views on Climate Change, Regulations
Sarah Bloom Raskin, President Biden’s nominee to become the government’s top bank regulator, defended her views on using financial regulation...
WSJ News Exclusive | Empty Private Jet Flights Hastened Credit Suisse Chairman António Horta-Osório’s Downfall
After relocating to Zurich last spring to run Credit Suisse Group AG CS -1.83% as chairman, António Horta-Osório flew to...
Credit Suisse Chairman to Leave After Breaking Covid Travel Rules
Credit Suisse Group AG CS 0.38% Chairman António Horta-Osório is leaving the global bank following a board investigation into his...
Citigroup Sticks With Its Covid-19 Vaccine Mandate, While GE Drops Its Rules
Citigroup Inc. C -1.25% is sticking with its Covid-19 vaccine mandate for its U.S. workers. General Electric Co. GE 0.68%...
Trump-Appointed Chairman’s Resignation Hands Control of FDIC to Democrats
WASHINGTON—Jelena McWilliams’s decision to resign as chairman of the Federal Deposit Insurance Corp. paves the way for Democrats to gain...
Centrist Senate Democrats Signal Opposition to Biden Banking Nominee
WASHINGTON—A group of Senate Democrats have privately voiced their opposition to President Biden’s nomination of Saule Omarova to become a...
Deutsche Bank Whistleblower Gets $200 Million Bounty for Tip on Libor Misconduct
A whistleblower whose information helped U.S. and U.K. regulators investigate manipulation of global interest-rate benchmarks by Deutsche Bank AG was...
Democrats Try to Salvage IRS Bank-Account Reporting With Scaled-Back Plan
Democrats scaled back a proposal that would require banks to send more information about customers’ accounts to the IRS in...
Banks Weigh Alternatives to Libor Replacement as Companies Seek Longer-Term Rates
Some big banks are evaluating if the reference rate that is backed by regulators as the best replacement for the...
