JPMorgan is reportedly using computer tracking to monitor junior bankers’ hours — comparing their self-reported time sheets with internal data to catch underreporting amid ongoing concerns about Wall ...

JPMorgan is piloting a system that cross-checks junior bankers’ self-reported hours with data from keystrokes, video calls and meetings. The bank will send junior investment bankers weekly summaries ...

When Jack Dorsey, CEO of Block, announced that he was laying off half his company's staff due to use of artificial intelligence "paired with smaller and flatter teams," many assumed other financial ...

Hong Kong – Private bankers across Asia are scrambling to contain client anxiety as redemption pressures ripple through the US$1.8 trillion (S$2.3 trillion) private credit market, even in a region ...

[HONG KONG] At least half a dozen senior dealmakers at global investment banks in Asia have resigned to join corporate roles as the region’s volatile bonus cycle drives a talent shift towards less ...

Simply sign up to the US banks myFT Digest -- delivered directly to your inbox. JPMorgan Chase has started to scrutinise whether the hours junior investment bankers claim to work match up against ...

Company says tool to compare self-reported hours with computer estimates is for ‘awareness, not enforcement’ Business live – latest updates JP Morgan Chase has started to compare the hours junior ...

Stiffer federal laws or quota-type mandates are not only unnecessary, but would be self-defeating, said the CEO of the Massachusetts Bankers Association. Charles O'Brien of Adams Community Bank is the ...

[HONG KONG/SINGAPORE] Private bankers across Asia are scrambling to contain client anxiety as redemption pressures ripple through the US$1.8 trillion private credit market, even in a region seen as ...

The Mortgage Bankers Association (MBA) is a trade association representing members of the real estate finance industry. Its total member complement is more than 2,200 companies and includes ...

Cullen/Frost Bankers, Inc. operates as a bank holding company of Frost Bank, which engages in the provision of commercial and consumer banking services, as well as trust and investment management, ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, ...