Investment banks

Citigroup to Complete Sweeping Overhaul This Week After Laying Off 5,000 Employees

Citigroup has entered the final phase of an extensive overhaul to streamline its operations and enhance performance.


Citigroup Sells Most Non-US Consumer Businesses as Its Biggest Overhaul Progresses

Citigroup has sold its non-US consumer business operations in nine out of 14 regions and "substantially wound down" three more in Korea, Russia, and China...

South Korea Announces $313 Billion Funding for Projects to Fight Climate Change

South Korea has committed to providing 420 trillion won ($313.4 billion) in policy loans to finance projects that will help the country meet its climate goals...

Reddit Set to Make Public Debut; Why This Might be a Good News for Investment Banks?

On Sunday, sources indicated Reddit's IPO is four to five times oversubscribed, making it more likely to reach its $6.5 billion valuation...


Latest News

Japan To Allow Cryptoassets in Their Investment Fund
Japan proposes a bill allowing venture capital firms and investment funds to hold cryptocurrency assets.
JPMorgan Chase to Pay Civil Penalties of Around $350 Million Over Trade Reporting Gaps
JPMorgan Chase and Co. has disclosed that it would pay civil penalties totaling around $350 million to regulators for reporting insufficient trading data to surveillance platforms.
Goldman Sachs Reportedly Under Investigation Over Fees Charged for Futures Trading
Goldman Sachs is reportedly facing an investigation over fees it charges for futures trading.
US Stock Market Could Get an Added Boost From Projected Buyback Revival in 2024
Companies purchasing back more of their own shares are expected to boost US stocks this year.
Billionaire Warren Buffett Tells Citigroup CEO Jane Fraser to Continue Overhaul: Report
Citigroup CEO Jane Fraser has received an encouraging nod from billionaire investor Warren Buffett to proceed with the bank's overhaul.
JPMorgan Chase CEO Jamie Dimon Says He's Done Talking About Bitcoin After Trashing It One Last Time
JPMorgan Chase CEO Jamie Dimon said Wednesday on the sidelines of the annual World Economic Forum in Davos, Switzerland, that he's done talking about bitcoin.
Goldman Sachs, Morgan Stanley 4Q Profits Still Beat Expectations
Goldman Sachs and Morgan Stanley have both posted fourth-quarter earnings results that beat analysts' expectations.
JPMorgan Chase Rises Above Rivals, Makes More Annual Profit Than Any US Bank Ever
JPMorgan Chase has concluded the year 2023 with the largest annual profit in the history of US banking.
Morgan Stanley's Investment Chief Offers Stock Market Playbook for 3 Economic Scenarios in 2024
Morgan Stanley's Chief Investment Officer, Mike Wilson, has offered a stock market playbook for three potential economic scenarios in 2024.
Citigroup to Close Down Global Distressed-Debt Business: Here's What to Know
Citigroup Inc. is reportedly closing its global distressed-debt group as it undergoes further restructuring under CEO Jane Fraser's leadership.
1 2 3 4 5 6 7 8 9 10  next page
Real Time Analytics