Rob Copeland and Maureen Farrell

Harvard’s powerful board has backed its president and said little else, yet a member privately said “generational change” may be needed.

The bank is sitting on big losses and paying more to borrow money than it is making on its loans to homeowners and businesses.

The regional bank received a $30 billion lifeline from big banks last month, but depositors and investors remain worried about its prospects.

The JPMorgan chief executive led an effort to raise $30 billion for First Republic, but no one is sure if it did any good.

A $30 billion cash infusion and a frantic effort to sell a stake in the bank to raise additional funds has done little to calm...

Bridgewater’s founder, Ray Dalio, retired last year after months of negotiations that guaranteed him a gigantic exit package.