Bloomberg US prosecutors charged four Belarus officials with airline piracy over the diversion of a Ryanair flight last year that resulted in the arrest of a dissident journalist. Ryanair 4978 was destined for Vilnius, Lithuania, on May 23 but was diverted to Minsk, the Belarusian capital, while in Belarus airspace. Belarusian authorities claimed the diversion was due to a ...

  Bloomberg The biggest US banks received a clear message in recent days: Runaway expenses won’t cut it. Lenders that reported higher-than-expected costs, including JPMorgan Chase & Co., Goldman Sachs Group Inc. and First Republic Bank, had their shares pummeled by investors. Bank of America Corp., (BofA) on the other hand, showed companies a different way to manage costs despite ...

  Bloomberg JPMorgan Chase & Co raised Chief Executive Officer (CEO) Jamie Dimon’s total compensation 10% to $34.5 million for his work in 2021, the firm’s most profitable year on record. The package for Dimon — often the highest-paid CEO in US banking — includes $28 million of restricted stock tied to performance, an annual base salary of $1.5 million ...