[ad_1] Jan. 16, 2024 12:49 pm ET Wall Street hardly ended last year with a bang. But given the challenges facing the other major business lines of the biggest banks,…
Tag: C
WSJ News Exclusive | Global Battery Race Heats Up With Billions for Europe’s Northvolt
[ad_1] Jan. 16, 2024 12:01 am ET One of the world’s most valuable battery startups is raising $3.4 billion in debt from the European Union and a group of banks…
Bitcoin ETFs Get Off to a Monster Start, Despite Resistance on Wall Street
[ad_1] Updated Jan. 11, 2024 7:25 pm ET The new bitcoin ETFs had a roaring debut in their first day of trading, but Vanguard refused to join the party. The…
Bank Earnings Season Is About to Start. Here’s What to Expect.
[ad_1] Big banks held up well in 2023, even though the Federal Reserve continued to raise interest rates at a fast clip. Reports on fourth-quarter bank earnings, which start this…
Citigroup Taking Charges on Argentina, Russia and Its Own Restructuring
[ad_1] Citigroup recorded a litany of one-time charges and expenses in the fourth quarter related to its exposures to Argentina’s debt market, Russia’s political instability and the bank’s own restructuring…
The Tax Whiz With the Strangest Hustle on Wall Street
[ad_1] By Ben Foldy | Photographs by Clark Hodgin for The Wall Street Journal Andy Lee is the king of a lucrative niche in the financial markets. Being king isn’t…
Big Banks Need More Out of Wall Street
[ad_1] As the calendar turns for the biggest banks, a big question mark looms: Where will growth come from next year? A major feature of the global Wall Street banks…
Citi to cut 300 senior managers as Jane Fraser’s new structure takes shape
[ad_1] Citigroup has said it will cut around 300 senior roles, in what is expected to be a series of announcements around its new structure created as part of a sweeping overhaul…