banks

A millionaire banker filmed himself punching a woman at a Brooklyn Pride event, leaving his job

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The millionaire investment banker who punched a woman in the face during a Pride event in Brooklyn earlier this month has resigned from his job, the company said Monday. Jonathan Kaye, head of the global business services franchise at Moelis & Co. based in Manhattan, was caught punching the anti-Israel protester in Park Slope on … Read more

Fearing losses, banks are quietly throwing away real estate loans

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Some Wall Street banks, worried that owners of vacant and struggling office buildings won’t be able to pay their mortgages, have begun offloading their commercial real estate loan portfolios, hoping to cut their losses. It’s an early sign, but indicative of broader distress in the commercial real estate market, which is hurting from the twin … Read more