Bank of America Scraps Diversity Goals in Latest Wall Street DEI Retreat February 26, 2025 By Katherine Doherty Bank of America Corp. is rolling back workplace representation targets and replacing references to diversity, joining peers in citing legal...
NYSE Plans Texas Exchange as Financial Firms Flock to State February 12, 2025 By Katherine Doherty and Joe Lovinger The New York Stock Exchange plans to start an equities exchange in Texas, the latest firm seeking a slice of...
Death of Nasdaq Diversity Rule Signals More Trouble for DEI December 16, 2024 By Simone Foxman, Jeff Green and Katherine Doherty The message from Nasdaq as the Black Lives Matter movement exploded across the US: push for diversity – or prepare...
ICBC Flies Top Executives to US in Race to Contain Hack Fallout November 14, 2023 By Jordan Robertson and Katherine Doherty Within days of a cyberattack at its US unit, members of Industrial & Commercial Bank of China Ltd.’s management were...
World’s Biggest Bank Had to Trade Via USB Stick After Cyber Attack November 13, 2023 By Katherine Doherty, Liz Capo McCormick and Alexandra Harris On Thursday, trades handled by the world’s largest bank in the globe’s biggest market traversed Manhattan on a USB stick....
The Hack That Upended Derivatives Trading Spurs Calls for Action March 8, 2023 By Katherine Doherty and Isis Almeida A cyberattack that disrupted derivatives trading in January is prompting calls for more oversight to combat the risk of hacks...
Nasdaq Urges SEC Not to Move Ahead with Climate Disclosure Plan June 17, 2022 By Katherine Doherty and Lydia Beyoud Nasdaq Inc. is pushing back against the US Securities and Exchange Commission’s plans to make publicly traded companies reveal detailed...
Global Banks Flee the Monster SPAC Market They Helped Create May 10, 2022 By Katherine Doherty Just a few years after banks helped create a gargantuan market for blank-check companies, they’re pulling away from the deals,...
Boys Scouts Reaches $850M Settlement With Group of Sex Abuse Survivors July 2, 2021 By Katherine Doherty and Steven Church The Boy Scouts of America reached settlement with a major group of sex-abuse survivors, a defining moment in the organization’s...
Banks Seeking New Protections in Wake of Citigroup’s $900M Mistake March 3, 2021 By Katherine Doherty and Lisa Lee Wall Street banks are seeking new legal protections to help avoid a repeat of Citigroup Inc.’s accidental $900 million payment...