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On Tuesday, De... . FILE - In this June 22, 2016 photo, Cleveland Cavaliers' LeBron James, center, stands in the back of a Rolls Royce as it makes its way through the crowd lining the parade route in downtown Cleveland, celebrating the bas... .
From installing Wall Street executives in his Cabinet to avoiding news conferences, the president-elect is adopting some of the same behavior for which he criticized Clinton during their campaign. "I know the guys at Goldman Sachs," Trump said at a South Carolina rally in February, when he was locked in a fierce primary battle with Texas Sen. Ted Cruz.
In this Dec. 13, 2016, file photo, President-elect Donald Trump speaks during a rally at the Wisconsin State Fair Exposition Center in West Allis, Wis. Trump is embracing some of his top attacks on Hillary Clinton as he forms his new administration, engaging in some of the same behavior he used against his rival during the presidential campaign.
From installing Wall Street executives in his Cabinet to avoiding news conferences, the president-elect is adopting some of the same behavior for which he criticized Clinton during their fiery presidential campaign. Then : "I know the guys at Goldman Sachs," Trump said at a South Carolina rally in February, when he was locked in a fierce primary battle with Texas Sen. Ted Cruz.
Donald Trump and the business kingpins populating his inner circle want to slice the tax bill of America's top 0.1 percent. In a typical corporate board of directors meeting, what do CEOs see when they look out across their richly lacquered boardroom tables? Lots of other CEOs.
Platinum Partners founder Mark Nordlicht, wearing a hoodie, exits federal court in Brooklyn, New York, U.S. on December 19, 2016. U.S. Attorney for the Eastern District of New York Robert Capers speaks to media to announce the unsealing of an indictment charging Mark Nordlicht, the Founder and Chief Investment Officer of Platinum Partners and six other individuals with securities fraud, investment adviser fraud and conspiracy in an approximately $1 billion fraud in Brooklyn, New York City, U.S.on December 19, 2016.
Two of Europe's biggest banks have been hit with fines of more than A 10billion for mis-selling toxic mortgages before the financial crisis. US regulators yesterday ordered Deutsche Bank to pay A 5.9billion for its part in the debacle - less than expected - while Credit Suisse agreed to shell out A 4.3billion.
Deutsche Bank sought to reassure staff about its financial strength on Friday, in the wake of a US$7.2 billion settlement with the U.S. Department of Justice over its sale and pooling of toxic mortgage securities. The logo of Germany's largest business bank, Deutsche Bank is seen in front of one of the bank's office buildings in Frankfurt, Germany, October 27, 2016.
Deutsche Bank has agreed to a $7.2 billion settlement with the U.S. Department of Justice over its sale and pooling of toxic mortgage securities in the run-up to the 2008 financial crisis. The agreement in principle, announced by Deutsche Bank's Frankfurt headquarters early Friday morning, offers some relief to the German lender, whose stock was hit hard in September after it acknowledged the Justice Department had been seeking nearly twice as much.
One night in early December, a Goldman Sachs partner walked out of the Pierre hotel in Manhattan with a big grin on his face. He'd spent the evening at the bank's annual alumni dinner, and there was a lot to celebrate.
We're here in Detroit to look at what JPMorgan Chase has done with a five-year commitment to invest $100 million in the city. Why is an initiative like this good business for you as well as for Detroit? I would do it for moral reasons alone.
Yuri Khilov, while head of Deutsche Bank AG's Russia equity trading desk, allegedly engaged in "large-scale" market manipulation from 2013 to 2015, using accounts that he opened in his relatives' names, according to the Russian central bank. Khilov is accused of booking trades in the name of Deutsche Bank's London office and then buying and selling stocks for his relatives within minutes, skimming the profit, the Bank of Russia said in a statement Tuesday.
So there I said it, and some readers probably just gagged. Big banks have been in the cross-hairs of politicians, regulators and regular folks since the subprime thingie blew up years ago.
President-elect Donald Trump said Saturday that he would nominate Representative Mick Mulvaney of South Carolina to be his budget director. Mulvaney is a founding member of the conservative House Freedom Caucus, the group that led the takedown of John Boehner as speaker In Mulvaney, Trump has chosen for the Office of Management and Budget a spending hard-liner to join an economic team that could be ideologically in conflict, setting up possible collisions during major policymaking next year.
In this Nov. 30, 2016 file photo, Treasury Secretary-designate Steven Mnuchin talks to reporters as he arrives at Trump Tower in New York. There's growing concern among Republicans about the upcoming Senate confirmation hearings Mnuchin, the Wall Street financier Donald Trump has chosen to head the Treasury Department less FILE - In this Nov. 30, 2016 file photo, Treasury Secretary-designate Steven Mnuchin talks to reporters as he arrives at Trump Tower in New York.
Gary Cohn, president of Wall Street bank Goldman Sachs, will play a key role in shaping President-elect Trump's economic policies, as the announced pick to direct the National Economic Council. The selection of the 56-year-old Cohn, announced Monday, again elevates the influence of Goldman Sachs' alumni within the incoming Trump administration.
Cohn will also be the director of the National Economic Council, according to a memo sent out by the Trump transition team This nomination comes after Trump selected a 17-year veteran of the Wall Street mega-bank to head his treasury department Another member of the Goldman Sachs team was officially offered a Trump administration job, with the transition team announcing today that Gary Cohn, the bank's president and COO, would become Donald Trump's top economic adviser. Cohn will be the assistant to the president for economic policy and director of the National Economic, a release from the transition team said.
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U.S. President-elect Donald Trump has picked a Goldman Sachs executive to head the White House National Economic Council, local media reported Friday. Gary Cohn, Goldman's president and chief operating officer, has been offered the director of the key economic council to coordinate domestic and international economic issues across the Trump's administration, according to NBC News.