The Fed is finally cutting rates, but banks aren’t in the clear just yet
Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee ...
Tag: Citigroup Inc
American Airlines in talks to pick Citigroup over rival bank Barclays for crucial credit card deal, sources say
An American Airlines' Embraer E175LR (front), an American Airlines' Boeing 737 (C) and an American Airlines' Boeing 737 are seen ...
3 ways Wall Street’s largest banks are leveraging AI to increase profitability
Big banks are jumping headfirst into the AI race. Over the past year, Wall Street's largest names — including Goldman ...
JPMorgan Chase is giving its employees an AI assistant powered by ChatGPT maker OpenAI
JPMorgan Chase has rolled out a generative artificial intelligence assistant to tens of thousands of its employees in recent weeks, ...
A Silicon Valley executive had $400,000 stolen by cybercriminals while buying a home. Here’s her warning
Real estate, with its large transaction sizes and frequent use of bank wires, has proven to be an especially lucrative ...
Bank of America shares jump 5% after saying net interest income rebound is coming
Bank of America on Tuesday said second-quarter revenue and profit topped expectations on rising investment banking and asset management fees.Here's ...
Morgan Stanley beats estimates on better-than-expected trading and investment banking
Ted Pick, co-president of Morgan Stanley, speaks during a Bloomberg Television interview in New York, US, on Thursday, Oct. 26, ...
Goldman Sachs tops estimates on better-than-expected fixed income trading
Goldman Sachs said Monday that it topped profit and revenue estimates on better-than-expected fixed income results and smaller-than-expected loan loss ...
JPMorgan Chase tops second-quarter revenue expectations on strong investment banking
JPMorgan Chase on Friday posted second-quarter profit and revenue that topped analysts' expectations as investment banking fees surged 52% from ...
Citigroup tops expectations for profit and revenue on strong Wall Street results
Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. Patrick ...
