David Benoit

New York Community Bancorp executives raced to say the bank is sound on Wednesday after a Moody’s downgrade [sent the stock falling again.](https://www.wsj/livecoverage/stock-market-today-dow-jones-earnings-02-07-2024/card/new-york-community-bancorp-stock-jumps-premarket-after-deposit-update-CkB00vCG57MvoAyE9bg2?mod=hp_lead_pos2) The regional lender shook up its leadership, naming Alessandro DiNello, the former head of Flagstar bank which it acquired, as executive chairman. DiNello told analysts the bank has seen “virtually no deposit outflow from our retail branches,” and that “this bank remains strong and will get itself back on the right track.”

The Office of the Comptroller of the Currency said the bank had made sufficient progress revamping systems that guard against customer harm.

Wall Street’s swashbuckling investment bankers are being lumped with their more staid lending partners. JPMorgan Chase is putting its dealmakers and big client lenders into one global banking business, it said Monday.

Banking has gone digital, but JPMorgan is doubling down with plans to open 500 more brick-and-mortar branches in the next three years.

Jane Fraser’s gags include kidnapped teddy bears and embarrassing photos; the planning is elaborate.

Jane Fraser's gags include kidnapped teddy bears, fuzzy robes and skydiving trips By David Benoit, The Wall Street Journal

Two years into the war, Citigroup is the only U.S. bank around, navigating a sometimes treacherous landscape.

Investors will vote on a 2018 pay package again after a judge threw it out. Tesla shareholders have a decision to make in the next month about Elon Musk.

After years of feuding, the business titans spoke at an exclusive JPMorgan summit, opening the door to the two working together again.

Four of the biggest Wall Street investment banks have now posted big gains in investment-banking fees for the third quarter. And for the full-year the trend is clear: Dealmaking is coming back from a dormancy.