Wells Fargo is hit with a $2 billion fine in mortgage settlement

Wells Fargo & Co. has agreed to pay $2.09 billion for actions that allegedly contributed to the 2008 financial crisis, the Department of Justice said Wednesday. Lucinda Shen of Fortune had the story: That new penalty comes on top of a $1.2 billion fine Wells Fargo agreed to pay in April 2016 in relation to the […]

Crain is selling InvestmentNews for $27.1 million

Crain Communications publication InvestmentNews is being sold to London-based Vitesse Media plc for approximately $27.1 million, according to a story on its website. The story states, “Vitesse, which is publicly traded on the London Stock Exchange’s AIM market, has entered into an agreement to acquire InvestmentNews from its parent, Crain Communications Inc., for approximately $27.1 […]

American Banker’s Wisniewski to join Bankrate

American Banker reporter Mary Wisniewski has been hired by Bankrate.com to be a consumer banking reporter. She starts on Monday. Wisniewski has been with American Banker since August 2012. She has been a fintech reporter and deputy editor of BankThink, American Banker’s blog about ideas, trends and other developments in the financial services industry. Before American Banker, she […]

Fortune seeks junior finance reporter

Fortune is looking for a sharp, well organized, and ambitious journalist to join us as a junior reporter in New York. The ideal candidate has a general business background, with a particular interest in covering investing, fintech, and the evolution of Wall Street. You will: Pitch and write smart stories about the stock and bond […]

Houston Biz Journal hires finance and innovation reporter

The Houston Business Journal has hired Chris Mathews as its finance and innovation reporter. Emily Wilkinson of the Business Journal writes, “He will cover banking and finance and all related areas, as well as the fast-paced world of technology and startups. “He will also cover law firms. “Mathews received his bachelor’s degree in journalism from the University of […]

Investment News seeks investments reporter

Investment News, the leading information source for financial advisers, is looking for a smart, aggressive and digitally-savvy journalist to cover mutual funds, ETFs and other savings and investment vehicles used by financial advisers. This beat is extremely important and influential, and we are looking for a real news hound to own it. To do well […]

Pension & Investments hires Croce as DC reporter

Brian Croce joined Pensions & Investments in June as a reporter in the newspaper’s Washington office. Croce will write news and features on legal and regulatory issues relating to defined contribution retirement plans and investment issues important to institutional investors. Before joining P&I, Croce worked at Hanley Wood Media as a senior associate editor, where he wrote news […]

Tearsheet founder Miller returns to publication

Nick Friese, the CEO of Digiday Media, sent out the following message on Monday: Hi Tearsheet Community, I hope you’re having a fantastic summer. We have been quite busy getting ready for the next phase of the site and the community. On that note, we will be taking this week off for a little holiday […]

Lucchetti moving to WSJ publishing desk as a senior editor

Aaron Lucchetti of The Wall Street Journal is moving to the publishing desk as a senior editor overseeing coverage of finance and markets He has been the deputy banking editor. “Looking forward to the great stories and talented journalists I’ll be working with in the new role!” he wrote on Twitter. Lucchetti has been with […]

WSJ seeks deputy banking editor

The Wall Street Journal is seeking a deputy editor to help drive coverage of big banks, Wall Street, financial technology and the changing nature of money. The Journal’s banking team covers Wall Street stalwarts like Goldman Sachs and JPMorgan Chase, as well as the fast-growing financial technology startups trying to disrupt them. As deputy banking […]