[ad_1] When Richard Parsons became chief executive of Time Warner Inc. in 2002, he assumed he was pioneering a new era of Black CEOs in American corporations. “I had envisioned…
Tag: Citigroup
A $100 Billion Question: Will Exxon or Chevron Go Shopping in Europe?
[ad_1] Major European oil companies’ widening discounts to the two U.S. companies should prompt cross-border M&A talks. [ad_2] Source link
Banks Face Uphill Battle Even as Rates Rise
[ad_1] Markets Heard on the Street After posting a strong quarter, lenders face uncertainty about deposits and the economy [ad_2] Source link
WSJ News Exclusive | Citigroup to Launch Search for New Wealth-Management Chief
[ad_1] The business, revamped two years ago, has fallen behind on growth targets. [ad_2] Source link
Bank Earnings Put U.S. Economy Under Microscope
[ad_1] America’s biggest lenders are expected to post $28 billion in fourth-quarter profits, down 15% from a year earlier. [ad_2] Source link
Wall Street’s Bankers Brace for Big Pay Cuts, but Bosses Don’t Want Whining
[ad_1] Wall Street’s banking revenue has never fallen harder than it has this year. Bankers are hoping their bonuses can hang on a bit better. Fees from advising on deals,…
Citigroup to Pull Out of Consumer Banking in China
[ad_1] The move is part of a wider step back from the business in Asia and elsewhere. [ad_2] Source link
Stock Futures Edge Lower Ahead of Powell Comments
[ad_1] U.S. stock futures wavered Tuesday, as investors parsed Fed remarks indicating a higher-for-longer rates outlook, and awaited comments from Fed chairman Jerome Powell. [ad_2] Source link