Lananh Nguyen

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Silicon Valley Exchange Says Wall Street Needs To Slow Down

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The "long-term" stock exchange just approved by regulators vows to deprioritize quarterly profits.

New York Life Agrees To Purchase Cigna Unit For $6.3 Billion

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New York Life Insurance agreed to buy a Cigna Corp. business that sells life and disability insurance for $6.3 billion.

Robots In Finance Could Wipe Out Some Of Its Highest-Paying Jobs

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Algorithms have automated the jobs of tens of thousands of execution traders worldwide, expert said.

Rich People Say Politics Are Spurring Them To Donate More Money

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Wells Fargo & Co. studied 525 people with annual household incomes of at least $240,000.

Bank Of America Touts Diverse Staff In New Trove Of Employee Statistics

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The lender has boosted the percentage of women and people of color among senior management and hired thousands of people from low- and moderate-income communities.

Trading Tax Would Be 'Devastating,' High-Speed Advocates Say

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High-speed traders attack a plan to tax trades, saying it would also hurt retirees, pensions and universities.

Stock Market Wars In U.S. Pit Everyone Against Everyone Else

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Investors, exchanges and traders are battling over potential conflicts of interest.

Capital One Touted The Cloud's Safety As Hacker Was Breaching It

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Capital One Financial Corp was hacked even as it boasted that its data cloud was safe, cheap and fast.

Elizabeth Warren Wins Some Respect In An Unlikely Place: Wall Street

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There’s a new whisper on Wall Street -- maybe Elizabeth Warren isn’t so bad.

Goldman Sachs Executive Says Legacy Retail Banks Are 'Screwed'

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High fees and digital competition are challenging their dominance, a firm executive said.

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