In an era of chastened Wall Street egos, Michael L. Corbat, the chief of Citigroup, has cultivated a workmanlike demeanor out of the spotlight. The NYT reports.» Read More
Arthur Cashin, UBS, shares his thoughts on the Fed chairman's likely successor. There's no doubt Summers is brilliant, he says, but he's no "consensus builder."
NEW YORK, July 17- U.S. Lew told the CNBC Institutional Investor Delivering Alpha Conference it is particularly important for regulators to enact a version of the so-called Volcker Rule that seeks to limit risky trading by banks that is consistent "with the intent of the statute" and President Barack Obama's vision.
The Treasury secretary has managed to stay mostly in the background during his first few months in office. That may be about to change as a new debt ceiling battle heats up.
Stephanie Mehta, Fortune Magazine, and Ben White, POLITICO, discusses which companies made Fortune's "Global 500" list of the world's largest companies, as China continues adding to the list.
Tim Geithner, the former US Treasury secretary, has been elevated to the highest rank of public speakers after receiving about $400,000 for three speaking engagements.
WASHINGTON, June 27- The White House has assembled a short list of candidates to succeed Federal Reserve Chairman Ben Bernanke, a source familiar with the process said on Thursday, and U.S. Lew has assembled a short list with help from several senior White House officials, the source said, speaking on the condition of anonymity.
The White House has assembled a short list of candidates to succeed Federal Reserve Bank chairman Ben Bernanke, and U.S. Treasury Secretary Jack Lew is running the search.
WASHINGTON, June 27- The White House has assembled a short list of candidates to succeed Federal Reserve Bank chairman Ben Bernanke, a source familiar with the process said, and U.S. Lew has assembled a short list with the help from several senior White House officials, the source said, speaking on the condition of anonymity.
Obama told Charlie Rose, host of a PBS interview program, that Bernanke was like longtime FBI Director Robert Mueller, who agreed to stay two years longer in the job than he had planned and is to leave in the coming months. Ben Bernanke's a little bit like Bob Mueller, the head of the FBI- where he's already stayed a lot longer than he wanted or he was supposed to. "
WASHINGTON, June 17- President Barack Obama hinted in an interview aired on Monday that he may be looking for a new chief of the U.S. Federal Reserve Bank, saying Ben Bernanke has stayed a lot longer than the current chairman had originally planned.
WASHINGTON, June 17- President Barack Obama hinted in an interview aired on Monday that he may be looking for a new chief of the U.S. Federal Reserve Bank, saying current Chairman Ben Bernanke has stayed a lot longer than he had originally planned.
JPMorgan chief Jamie Dimon is seeking advice from Lloyd Blankfein as he wrestles with the fallout from a big trading loss. Not long ago, he was the one offering guidance.
As the Fed meets this week, all eyes are on Bernanke as Wall Street is buzzing that he will be leaving soon. Who will take his seat? Here's the one name that keeps coming up.
Janet Yellen is seen as a logical candidate to succeed the Federal Reserve chief Ben Bernanke, but critics remain wary of her stance on inflation.
After Portugal's rejection of the cost-cutting measures on which its bailout package depends, Invesco Perpetual's chief economist has added his voice to the anti-austerity camp, warning it could lead to "almost endless depression".
If Fed Chairman Bernanke is not nominated again, who might likely take over? Neil Irwin, The Washington Post; Michael Santoli, Yahoo! Finance; Ben White, Politico; and Josh Boak, The Fiscal times, share their opinions.
The top Republican lawmaker vetting Jack Lew to serve as Treasury secretary zeroed on his work at Citigroup as a possible conflict of interest.
Bridge disputes in Congress on taxes and spending. Shrink budget deficits. Manage tense economic ties with China. Press Europe to reduce debts while fighting a recession. Defend the U.S. financial overhaul law. Prevent a global currency war. And those are just the obvious challenges.
Phil Orlando, Federated Investors chief equity strategist, shares his views on the outlook on the economy and market. And, Ben White, POLITICO, weighs in on former Treasury Secretary Tim Geithner's new book.
Rumors are swirling that Hewlett-Packard's board is debating to break up the company, and Timothy Geithner has announced he is writing a book, with CNBC's Jane Wells and Brian Shactman.