Republished with full copyright permissions from The San Francisco Press. This morning, Justice Juan Merchan held former President Donald Trump in contempt of court for nine out of ten violations of the March 26 gag order in his false business records case. The court fined Trump $1,000 for each violation and ordered him to take down the offending posts before 2:15. As of this writing, the posts are still live, marking a further defiance of the court’s order. The gag order explicitly prohibits Trump from making statements about jurors or “reasonably foreseeable witnesses concerning their potential participation in the investigation … Continue reading Judge Holds Donald Trump in Contempt of Court for Violating Gag Order

Republished with full copyright permissions from The San Francisco Press. The recent revelation that the head of HSBC, Quinn, earned significantly more than his closest peer at Citigroup has sparked discussions about the varying standards for executive pay across different banking institutions. While £10.64 million is nothing to scoff at, the fact that it pales in comparison to the $26 million earned by the head of Citigroup is noteworthy. Shareholders of U.K. banks are known for their stringent stance on large pay packages, a stance that their counterparts in the U.S. do not always share. Simultaneously, the job market has … Continue reading Financial Highlights: Megabank Compensation, Job Market, and Industry News