HeyJaredAllissa Kline
- Indexed articles, last 90 days
- 33
- Latest publication
- Oct 1, 2026
- Outlet visibility, for Financial Planning
- Top 5M sites
- Earliest in this view
- Jul 7, 2026
Latest articles
How John Waldron could make his mark as Goldman's next CEO (opens the original)
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The next CEO of Goldman Sachs stands to inherit a preeminent global investment bank with a massively successful capital-markets business and a bullish attitude about AI's potential to improve the company's efficiency. What's less obvious is whether longtime heir apparent John Waldron, 57, would seek to further shift Goldman's balance sheet away from its powerhouse trading and investment banking franchise, and whether he will be able to demonstrate favorable results from investments in AI. That's
Why BMO has regained confidence in its US strategy (opens the original)
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Over the past 18 months, the Canadian bank has sold off certain lower-returning loan portfolios, reorganized its U.S. leadership team and divested 138 branches in slow-growth markets, mostly in the Midwest and Great Plains. While still having a stronghold in states such as Illinois, BMO has turned its sights to California, where it acquired San Francisco-based Bank of the West in 2023, and where it intends to increase its share of the Golden State's substantial deposit market. BMO executives hav
Bank economists see continued growth, persistent inflation (opens the original)
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Economists at some of the largest U.S. banks expect the economy to keep chugging along into next year, even as they predict that inflation will remain elevated due to the war-driven escalation of oil prices. The American Bankers Association's Economic Advisory Committee, a group of economists from 15 large and regional banks, predicted Wednesday that real gross domestic product will reach 2.7% during the third quarter, as consumers continue to spend, and businesses keep investing in data centers
Banks shrug off impact of first rate hike in three years (opens the original)
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Banks this week largely downplayed the Federal Reserve's first interest rate hike in three years, saying the range of outcomes could be neutral to slightly positive, at least on a near-term basis. Ahead of the Federal Open Market Committee's meeting on Wednesday, where members voted 12-0 in favor of a quarter-point rate hike, analysts questioned bankers attending a conference in New York City about how a rate hike would affect their businesses. By and large, the banks maintained their earnings o
Why nonbank lender Enova pulled the plug on buying a bank (opens the original)
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UPDATE: This story includes additional information about the deal's termination fee, and about questions raised during regulators' evaluation of the transaction. The nonbank consumer lender Enova International is ending its push to acquire Grasshopper Bancorp, citing what it calls unclear regulatory standards for nonbanks that want to buy national banks. The reversal in strategy comes nine months after Enova, a publicly traded company with roots in high-cost payday lending, announced that it wou
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