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Christian Sewing, the new CEO of Deutsche Bank, speaks at the Deutsche Bank annual shareholders' meeting on May 24, 2018 in Frankfurt, Germany. Shareholders, frustrated by years of poor performance by Deutsche Bank, are calling for Achleitner to step down.

A senior Deutsche Bank banker told management the bank should break itself up

Charlie Dupree, who left Deutsche Bank for JPMorgan in June, presented his proposals to Deutsche Bank CFO James von Moltke in April. Dupree said Deutsche Bank should spin out its investment bank and consider a merger for the rest of its operations to combat its persistent underperformance.

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Gary Cohn doesn't think tax cuts primarily helped the rich.

Gary Cohn rips into Wall Street critic Elizabeth Warren, calling her attacks on banks ‘naive’

Gary Cohn, the former top economic adviser to President Donald Trump, responded to some of Sen. Elizabeth Warren's criticism of the administration's policy and Wall Street banks. He disagreed that the tax cuts Trump signed into law in January primarily benefited the rich.
Barack Obama.

This year’s average Goldman Sachs intern is willing to pay $6 for avocado toast and admires Obama

Seventy-six percent of Goldman Sachs' 3,162 global summer analysts and associates responded to the questionnaire on everything from their ambitions to their spending habits. Here are the results.
Signs are seen outside of a branch of TSB bank in London

Embattled TSB chief Paul Pester resigns after IT issues cripple bank

The chief executive of TSB, Paul Pester, has stepped down following a disastrous IT upgrade and meltdown in April, which affected millions of customers and is still causing disruption 5 months on.
Jamie Dimon speaks during the Milken Institute Global Conference in Beverly Hills California

JPMorgan’s assault on Silicon Valley’s turf continues with launch of cheap stock trading app

JPMorgan is taking the plunge into the world of low-cost stock trading, according to a CNBC report.
Barclays CEO Jes Staley.

A pick-up at the investment bank helped Barclays’ second-quarter profits pop by 44%

The return of volatility this year helped markets income at Barclays' investment bank increased by 11%, with a big uptick in derivatives and equity financing.
Manish Kohli, global head of payments and receivables in Citi’s Treasury and Trade Solutions division.

Citi is deploying robots to help the world’s biggest companies collect cash from customers — boosting a key $8.5 billion business for the ...

Citi has launched a new feature called Citi Smart Match, which applies artificial intelligence and machine learning to the process of matching open invoices to received payments — painstaking and costly task known as "cash application."
Jamie Dimon speaks during the Milken Institute Global Conference in Beverly Hills California

JPMorgan Chase launched an online bank for millennials called Finn, and I prefer it to the real thing

JPMorgan Chase launched an online bank called Finn. I tried it and I definitely like it more than my traditional Chase account. But it looks pretty ugly.
Ally Bank was rated best bank for millennials and best online bank by Kiplinger.

The best bank for millennials doesn’t even have a brick-and-mortar

Ally Bank, which is online only, was rated the best bank for millennials by Kiplinger. With no monthly maintenance fees, no minimum balances, and competitive APYs, it offers benefits that some traditional banks lack.