Wealthy families are seeking out risky assets and reducing cash holdings as they turn more bullish about the investment outlook, according to a Citigroup survey
September 18, 2024
Citigroup alleges that a former managing director suing the bank was fired for performance reasons, rather than for what she said were attempts by the bank to
August 23, 2024
Citigroup's wealth unit has initiated a process to sell its trust administration and fiduciary services business, the bank said in a statement on Friday.
August 09, 2024A Citigroup executive who joined the bank from Bank of America in April is leaving Citi, one source with knowledge of the matter said on Tuesday.
August 06, 2024
Three senior executives are leaving Citigroup's equity-trading division, two sources with knowledge of the matter said on Wednesday, as the company undergoes a
January 17, 2024Citigroup CEO Jane Fraser held a conference call on Thursday with managing directors to discuss the bank's sweeping overhaul, according to two sources familiar
January 18, 2024Brazilian digital bank C6, which is backed by JPMorgan Chase, posted its first ever profit in the first quarter, as its revenue increased and credit losses fell
April 29, 2024JPMorgan Chase seeks to expand the reach of its wealth management business and bring in more investments by offering a new planning tool to its 54 million Chase
March 27, 2024
Citigroup hired Richard Weintraub from UBS to head its wealth management group catering to family offices in the Americas, according to a memo seen by Reuters.
April 26, 2024
Wall Street's cash bonuses fell 2% to an average $176,500 last year as financial firms took a more cautious approach to compensation, according to an estimate
April 26, 2024
Citigroup expects investment banking fees to rise by a low-teens percentage in the first quarter versus the fourth quarter of 2023, CEO Jane Fraser told
April 26, 2024
U.S. banking giants are expected this week to report lower profits for the fourth quarter after they set money aside to cover souring loans while also paying
January 09, 2024
HSBC expanded its Americas equity research team to 24 people this year, adding to its coverage of U.S. stock markets for wealthy clients, the bank said on
April 26, 2024
Citigroup has decided to close its municipal underwriting and market-making activities, according to a memo seen by Reuters.
April 26, 2024
A top Citigroup executive asked employees to speak up if they see inappropriate behavior after a managing director sued the company this week, alleging she was
April 26, 2024
Bonuses for investment bankers advising companies on mergers and acquisitions are expected to drop by 15% to 25% this year from 2022, according to a study by
November 14, 2023
Ratings agency Moody's is creating a unit to research and rate private credit, the firm said on Monday.
November 06, 2023
Morgan Stanley's current CEO James Gorman and incoming CEO Ted Pick spoke with Reuters about the company's leadership succession and strategy.
April 26, 2024
Citigroup CEO Jane Fraser said on Friday that top employees were on board with the company's sweeping reorganization, and that there was "no room for bystanders
April 26, 2024
Viswas Raghavan joined Citigroup as its new head of banking this week in New York, the lender said on Tuesday, after it hired the former head of investment
June 21, 2024
Bonuses are poised to recover on Wall Street this year, fueled by strong equity market gains and recovery in investment banking, according to financial services
May 07, 2024
Citigroup hired former Merrill Lynch executive Don Plaus as the head of its private bank in North America, according to a memo to staff seen by Reuters on
March 06, 2024
Citigroup CEO Jane Fraser told shareholders on Tuesday that U.S. consumers are becoming more cautious with their spending and making smaller purchases.
May 15, 2024
Morgan Stanley shareholders should vote against its proposal for executive pay at the bank's annual meeting on May 23, according to a recommendation by
May 14, 2024
Terraform Labs approved for bankruptcy wind-down after US SEC settlement
BMO raises S&P 500 target for 2024 to 6,100 from 5,600
Coca-Cola plans to invest $1 billion in Nigeria operations, presidency says
US troops finish deployment to remote Alaska island amid spike in Russian military activity
Florian Wirtz nets 2 on his Champions League debut in 4-0 win for Leverkusen
Young love can be hell. 'Tell Me Lies' showrunner Meaghan Oppenheimer wants to write it that way
Mansion to misery: A glimpse inside the prison Sean ‘Diddy’ Combs now calls home