US Banking Correspondent
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About The Position
The Financial Times has a vacancy on the New York financial services team covering some of the biggest and most important institutions in global finance. The US banking correspondent will lead the FT's coverage of Citigroup at a time when the Wall Street bank is seeking to convince investors that a sweeping restructuring will boost its profitability. The correspondent will also lead reporting on Bank of America and Wells Fargo, while working with the US banking editor to cover Chase, JPMorgan's huge retail banking franchise. The banking correspondent will also cover US credit-card companies and payments processing giants at a time when incumbents are being challenged by fintech rivals. This is a highly competitive beat, and you will be expected to cover breaking news, generate scoops, snag big interviews and write analysis pieces. You will be able to translate banking jargon, balance sheets and income statements into normal language, while also zooming out to reveal how industry trends reflect broader economic shifts. A strong grasp of banking regulation and an ability to find stories in datasets is also a plus for the role.
