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: Breaking News: Markets
GPT and other AI models can’t analyze an SEC filing, researchers find
Patronus AI co-founders Anand Kannappan and Rebecca QianPatronus AILarge language models, similar to the one at the heart of ChatGPT, ...
SoftBank-backed metaverse firm Improbable sells a key gaming venture for $97 million
Herman Narula, co-founder and CEO of Improbable, speaks during a session at the Web Summit in Lisbon.Henrique Casinhas | Sopa ...
Fed sparks irrational market optimism over potential rate cuts, former FDIC Chair Sheila Bair warns
Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila ...
Four men indicted in $80 million ‘pig butchering’ scheme
Las Vegas Review-journal | Tribune News Service | Getty ImagesFederal prosecutors have disrupted a so-called pig-butchering scheme that cost victims ...
This ETF offering could become next year’s hot product
BNY Mellon's global head of ETFs suggested exchange-traded funds using options overlays could become next year's hot product."We are absolutely ...
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 ...
Fed’s John Williams says the central bank isn’t ‘really talking about rate cuts right now’
New York Federal Reserve President John Williams said Friday rate cuts are not a topic of discussion at the moment ...
Friday’s S&P 500 and Nasdaq-100 rebalance may reflect concerns over concentration risk
It's arguably the biggest stock story of 2023: a small number of giant technology companies now make up a very large ...
DoubleLine’s Jeffrey Gundlach says 10-year Treasury yield will fall to 3% next year
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6, 2019.Adam Jeffery | CNBCDoubleLine Capital CEO Jeffrey ...
