[ad_1] David Solomon, Chairman and CEO, Goldman Sachs, participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 29, 2019 in…
Tag: Citigroup Inc
UBS to Keep Credit Suisse’s Swiss Business, Retire Its Brand
[ad_1] UBS Group AG will keep Credit Suisse’s domestic bank and fully integrate it, overriding local criticism that a merged entity will hold excessive sway over the country’s financial system.…
JPMorgan Chase profit falls after $2.9 billion fee from regional bank rescues
[ad_1] JPMorgan Chase said Friday that fourth-quarter profit declined after paying a $2.9 billion fee tied to the government seizures of failed regional banks last year. Here’s what the company…
Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul
[ad_1] Citigroup CEO Jane Fraser at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2023. Adam Galica | CNBC Citigroup said it was cutting 10% of its workforce…
Citigroup posts $1.8 billion fourth-quarter loss after litany of charges
[ad_1] Jane Fraser, CEO of Citigroup, attends a hearing on Annual Oversight of Wall Street Firms before the Senate Committee on Banking, Housing, and Urban Affairs in Washington, D.C., the…
Citigroup at risk of quarterly loss after charges come in far higher than initially disclosed
[ad_1] Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023. Mike Blake | Reuters Citigroup warned investors late Wednesday that…
Citi Alumni Plan Bitcoin Securities That Don’t Need SEC Approval
[ad_1] As speculation about the upcoming approval or denial of spot-Bitcoin ETFs reaches a fever pitch, a group of former Citigroup Inc. executives is starting to offer securities backed by…
Citigroup Teams Up With South Africa to Fund New Mega City and Airport
[ad_1] Citigroup Inc. is teaming up with South Africa’s Gauteng provincial administration to fund almost 1.4 billion rand ($72 million) of investment in a new mega-city project and airport south…
Affirm’s stock quintupled this year, beating all tech peers, on buy now, pay later boom
[ad_1] Drew Angerer / Getty Images A year ago, there was little holiday cheer at Affirm. The point-of-sale lender was confronting rising interest rates, recession fears and weakening consumer spending.…
Singapore Seeks Financial Firms’ Documents in Laundering Case
[ad_1] The Singapore police are waiting for documents from at least nine financial institutions in their probe into one of the biggest money laundering cases in the country. Investigations are…