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Katherine Doherty

Stay informed with Katherine Doherty’s coverage and analysis.

people walk past Bank of America sign
Finance
A 25-year-old trader at Bank of America dies suddenly, the second death this month of a young employee at the Wall Street giant
By Katherine Doherty, William Shaw and BloombergMay 17, 2024
Nasdaq system glitch impacts thousands of stock trades and leads to some being canceled
Finance
Nasdaq system glitch impacts thousands of stock trades and leads to some being canceled
By Katherine Doherty and BloombergDecember 13, 2023
Wall Street firms say the debt ceiling showdown is already doing major damage and warn that politicians need to reach a deal—fast
Finance
Wall Street firms say the debt ceiling showdown is already doing major damage and warn that politicians need to reach a deal—fast
By Katherine Doherty and BloombergMay 16, 2023
First Republic Bank
Finance
Feds work into the night on the First Republic Bank crisis after bid deadline comes and goes
By Hannah Levitt, Katanga Johnson, Gillian Tan, Katherine Doherty and BloombergApril 30, 2023
Deadline for banks to submit First Republic bids passes as FDIC rushes to fix crisis—and avoid receivership
Finance
Deadline for banks to submit First Republic bids passes as FDIC rushes to fix crisis—and avoid receivership
By Hannah Levitt, Katanga Johnson, Gillian Tan, Katherine Doherty and BloombergApril 30, 2023
FDIC asks JPMorgan Chase, others to submit final bids for First Republic Bank, whose shares are down 97% this year
Finance
FDIC asks JPMorgan Chase, others to submit final bids for First Republic Bank, whose shares are down 97% this year
By Hannah Levitt, Katanga Johnson, Gillian Tan, Katherine Doherty and BloombergApril 29, 2023
Jerome Powell
Finance
Banking regulators are discussing a fund to ward off banking contagion among regional lenders after Silicon Valley Bank’s failure
By Jenny Surane, Katherine Doherty, Hannah Levitt and BloombergMarch 12, 2023
Donald Trump
Finance
SVB CEO Greg Becker lobbied the government to relax some Dodd-Frank provisions on regional lenders in 2015. Trump did in 2018.
By Hannah Levitt, Katanga Johnson, Katherine Doherty and BloombergMarch 11, 2023
Bank of America is finally taking a hatchet to its investment jobs as it follows Morgan Stanley and Goldman Sachs layoffs
Success
Bank of America is finally taking a hatchet to its investment jobs as it follows Morgan Stanley and Goldman Sachs layoffs
By Katherine Doherty, Ruth David, Sridhar Natarajan and BloombergFebruary 16, 2023
Bank of America CEO Brian Moynihan
Success
The CEO of Bank of America is slowing down hiring and taking a pay cut but he’s still making $30 million
By Katherine Doherty and BloombergFebruary 3, 2023
Brian Moynihan, chief executive officer of Bank of America Corp.
Success
The CEO of Bank of America says that they’re slowing down hiring because not enough people left the company on their own: ‘We went past our target headcount’
By Katherine DohertyJanuary 19, 2023
Wall Street hit with $2 billion in fines over employees using WhatsApp and other unauthorized messaging apps
Finance
Wall Street hit with $2 billion in fines over employees using WhatsApp and other unauthorized messaging apps
By Sridhar Natarajan, Jenny Surane, Katherine Doherty and BloombergSeptember 27, 2022
People walk past the New York Stock Exchange (NYSE) on Wall Street.
Finance
Wall Street texting habit sticks banks with $1 billion in fines
By Sridhar Natarajan, Katherine Doherty, Hannah Levitt, Matt Robinson and BloombergJuly 14, 2022
Bank of Americas employees to share stock award of $1 billion
Finance
Bank of Americas employees to share stock award of $1 billion
By Katherine Doherty and BloombergJanuary 25, 2022
Bank of America is giving $200 to Merrill Lynch workers who have been vaccinated
Finance
Bank of America is giving $200 to Merrill Lynch workers who have been vaccinated
By Katherine Doherty and BloombergOctober 6, 2021
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AI
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