David Benoit

Citigroup Chief Executive Jane Fraser said business leaders are looking past the noise and expect diplomacy to win out when it comes to the tension over Greenland. “Many of us in the corporate world do have some confidence that when government leaders do engage, which they will, that allies will co

Goldman Sachs awarded Chief Executive David Solomon $47 million in compensation for 2025, a 21% raise from the prior year for posting the second-best results in the bank’s history. The pay includes $2 million in salary and a $10.1 million cash bonus. The majority is in stock-based compensation tied

HGC Global Communications ("HGC" or "the Group") is delighted to announce that Daniel Ho, Vice President, Unified Cyber Security and Digital Transformation Solutions of HGC, has been honoured with the "Cyber Security Professional Awards 2025" – Silver Award in the Telecommunications Services sector. This marks Daniel's second consecutive win, reaffirming his exceptional leadership and continuous contribution to advancing cybersecurity capabilities in Hong Kong and beyond.

Agreement with the Singapore digital media platform reinforces Media OutReach Newswire's role as the leading global newswire for Asia Pacific

Investors are debating what the data shows about the health of private credit.

Matt Wirz, David Benoit Investors have yanked more than $11 billion out of private-credit funds during the past two quarters.

David Benoit is Wall Street editor for The Wall Street Journal in New York. He co-leads a team of reporters that covers banking, private equity, hedge funds, mergers and acquisitions, initial public offerings, wealth management, fintech, financial regulation and more.

The story of the day looks like huge investment banking results across the biggest banks. JPMorgan Chase’s fees from investment banking, which includes advising companies and raising and selling debt and equity, rose 30%.At both Bank of America and Goldman Sachs, investment banking fe

Big banks are posting huge increases in net income thanks to Wall Street operations. But under the hood, their bread-and-butter lending businesses are a touch underwhelming. Analysts are saying the industry’s net-interest income, a measure of the payments they collect on loans minus the interest th

Banks today sported gigantic gains in equities trading revenue, which they said was widespread and showed the "risk-on" environment for stocks. “I think there was a collective chuckle across the street given the outperformance here,” one analyst told Goldman Sachs.