The SEC’s anti-crypto banking guidance, SAB 121, is voted down by the House
The United States House of Representatives has approved a bill aimed at overturning controversial Securities and Exchange Commission (SEC) guidance that prohibits banks from holding cryptocurrency.
Activist investors won three board seats at Norfolk Southern
Norfolk Southern's CEO faces increased pressure to boost profits following shareholders' decision to elect three board members nominated by an activist investor.
Lazard Appoints Michele Colocci as Vice Chairman & MD
Lazard, the investment bank, has announced the appointment of seasoned healthcare dealmaker Michele Colocci as Vice Chairman and Managing Director, with the aim of enhancing the growth of its healthcare advisory services.
Wells Fargo Appoints Ex-JP Morgan Executive Fernando Rivas as Co-CEO
On May 8, 2024, Wells Fargo announced the appointment of former JPMorgan Chase executive Fernando Rivas as Co-CEO of its Corporate and Investment Banking (CIB) division, signalling a strategic move to enhance its presence in the Wall Street market.
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