Citigroup CEO Jane Fraser says low-income consumers have turned far more cautious with spending
Citigroup CEO Jane Fraser said Monday that consumer behavior has diverged as inflation for goods and services makes life harder ...
Tag: Banks
Berkshire Hathaway’s big mystery stock wager could be revealed soon
Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska.David A. Grogan | CNBCBerkshire Hathaway, ...
‘Trader justice’: Ex-SocGen trader fired for risky bets claims he was made a ‘scapegoat’
A logo outside a Societe Generale SA office building in central Paris, France, on Monday, Feb. 5, 2024. Bloomberg | Bloomberg ...
NYCB shares jump 30% after CEO gives two-year plan for ‘clear path to profitability’
A New York Community Bank stands in Brooklyn, New York City, on Feb. 8, 2024.Spencer Platt | Getty ImagesNew York ...
Why hundreds of U.S. banks may be at risk of failure
Hundreds of small and regional banks across the U.S. are feeling stressed."You could see some banks either fail or at ...
HSBC beats expectations in first quarter earnings; CEO Noel Quinn to retire
The HSBC Holding logo is being displayed on a smartphone with HSBC visible in the background in this photo illustration ...
JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs ...
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank shares popped to a more than six-year high on Thursday, after the German lender reported a 10% rise ...
Barclays shares up 6% as bank swings back to profit in first quarter amid strategic overhaul
Signage shines through a window reflecting Barclays head office in Canary Wharf, London, U.K.Bloomberg | Getty ImagesLONDON — Shares of Barclays rose ...
Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending
Customers shop in a Walmart Supercenter on February 20, 2024 in Hallandale Beach, Florida.Joe Raedle | Getty Images News | ...
