Citigroup Names Next Controller, Accounting Chief

Citigroup said Jeff Walsh would retire as interim controller and chief accounting officer and named Johnbull Okpara as his successor. 


 
Gold Scam Targeting Conservatives Raised $180 Million, Regulators Say

Two Los Angeles men and their companies duped investors out of $180 million in the alleged scheme. 


 
Sustainable-Bond Market Boosted by Europe's Top Institutions

The ECB and the European Commission have thrown their weight behind the market for environmentally friendly bonds, a move that could make sustainable finance more mainstream and improve its transparency. 


 
China's Bonds Win Third Key Index Inclusion

FTSE Russell is set to add Chinese government debt to its key indexes, a move that could attract more than $100 billion of foreign capital. 


 
Financial Services Roundup: Market Talk

The latest Market Talks covering Financial Services 


 
Lawmakers Offer Support for Fed's New Inflation Strategy

The central bank last month changed the way it will implement its mandate from Congress, and lawmakers have no objection. 


 
Blank-Check Firms Under Regulatory Scrutiny

The SEC chairman said the regulator is examining how sponsors of blank-check companies disclose their ownership and how any compensation is tied to an acquisition. 


 
Stock Recovery Helps Fuel Alaska Permanent Fund's Private-Equity Rebound

Public investments in Alaska Permanent Fund Corp.'s private-equity portfolio generated around $750 million of incremental gains between June 30 and late August, according to documents presented at the sovereign investor's Wednesday board meeting. 


 
Banks Love 2020 Market, but Market Doesn't Love Them Back

While investors are still sour on the stocks of big banks, industry executives say parts of the business are booming 


 
Even in a Pandemic, Venmo Tells Conned Customers to Pay Up

Venmo has fostered a compassionate public image during the pandemic, touting the popular payments app as a way to virtually tip out-of-work bartenders and give to hospitals. Yet it has taken a harder line against users who ended up overdrawing their accounts.