PNC Financial has made a significant move to strengthen its position in the banking industry. The company has brought on board Mark Wiedman, a seasoned executive from BlackRock. This hiring is a strategic step to boost PNC's competitive edge. Wiedman is no stranger to the financial world. He spent over 20 years at BlackRock, where he recently led the global client b...

Goldman Sachs is set to take a $400 million pre-tax hit in the third quarter due to the unwinding of its General Motors credit card platform and the sale of real estate loans. The bank is in talks to hand over its GM credit card business to Barclays, a deal that would see the transfer of roughly $2 billion in card balances. Goldman's foray into consumer banking has...

In a move that sent shockwaves through the media world, Business Insider has appointed Jamie Heller as their new Editor-in-Chief. This comes after former EIC Nicholas Carlson announced his departure earlier this year. Heller brings over 20 years of experience from The Wall Street Journal where she led global business and technology coverage, including in-depth looks ...