Citigroup to close global distressed-debt business as part of CEO Jane Fraser’s overhaul
A trader works underneath a monitor displaying Citigroup Inc. signage on the floor of the New York Stock Exchange (NYSE) ...
Tag: Banks
UK inflation slide fuels rate cut bets and jolts markets
LONDON, UK - Sept. 2021: People seen dining outdoors in Soho in London in September 2021.SOPA Images | LightRocket | ...
Generative AI has landed on Wall Street. Here’s how it can help propel ‘massive’ revenue growth
Yuichiro Chino | Moment | Getty ImagesLike it or not, generative artificial intelligence has arrived on Wall Street — and ...
Citigroup employees, on edge over layoffs, told they can work remotely until the new year
Citigroup told most of its employees that they can work remotely the final two weeks of December, CNBC has learned.Workers ...
Wells Fargo CEO warns of severance costs of nearly $1 billion in fourth quarter as layoffs loom
Charlie Scharf, CEO, Wells Fargo, speaks during the Milken Institute Global Conference in Beverly Hills, California on May 2, 2023. ...
Geopolitics and central banks could keep gold demand hot in 2024, World Gold Council says
An employee puts gold bullions into a safe deposit box at Degussa shop in SingaporeEdgar Su | ReutersGold prices hit ...
Morgan Stanley and Wells Fargo are making headlines. Here’s our take on the news
Wells Fargo (WFC) had to make some tough calls to stay on course with its turnaround plan. It's one of ...
Wall Street CEOs say proposed banking rules will hurt small businesses, low-income Americans
(L-R) Brian Moynihan, Chairman and CEO of Bank of America; Jamie Dimon, Chairman and CEO of JPMorgan Chase; and Jane ...
Apple is trying to unwind its Goldman Sachs credit card partnership
David Solomon, Chairman and CEO, Goldman Sachs, participates in a panel discussion during the annual Milken Institute Global Conference at ...
These regional banks are at greatest risk of being taken over by rivals, according to KBW
A customer enters Comerica Inc. Bank headquarters in Dallas, Texas.Cooper Neill | Bloomberg | Getty ImagesA trio of regional banks ...
