According to Gov. Gavin Newsom's office, Bank of America, Citi, JPMorgan Chase, U.S. Bank, and Wells Fargo are offering a 90-day forbearance of their mortgage payments, without reporting the payments to credit reporting agencies.

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(Reuters) - Wells Fargo's co-CEO of corporate and investment banking (CIB), Jon Weiss, has informed the bank of his intention to retire and will step down from his position effective immediately, the company said on Thursday. Weiss, who has had a two-decade-long career at Wells Fargo, served in a number of roles. He will formally retire on June 1.

Company (NYSE: WFC) announced today that it has successfully closed a consent order issued by the Consumer Financial Protection Bureau (CFPB) in 2022. The order, which pertained to the bank's practices in automobile lending,

Jon Weiss, who led the unit with Fernando Rivas, will step down and Rivas will become the sole CEO of the lender’s corporate and investment bank, the company said.

According to Gov. Gavin Newsom's office, Bank of America, Citi, JPMorgan Chase, U.S. Bank, and Wells Fargo are offering a 90-day forbearance of their mortgage payments, without reporting the payments to credit reporting agencies.

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JPMorgan Chase, Citi, Bank of America, U.S. Bank and Wells Fargo postpone payments for damaged or destroyed homes.

Goldman Sachs updated its outlook on LandBridge (NYSE:LB), raising the price target to $73 from the previous $71 while reaffirming a Buy rating on the shares. The stock, currently trading at $65.22, has delivered an impressive 194.

The value of a Wall Street bonus at the time of the award often ends up being far different than what bankers collect several years on when it vests.

City National Bank executives JaHan Wang and Abel Montañez will take on oversight of entertaining banking and private wealth management as Kelly Coffey steps down as leader of the financial institution’s Entertainment,