Big banks are quietly cutting thousands of employees, and more layoffs are coming
The largest American banks have been quietly laying off workers all year — and some of the deepest cuts are ...
Tag: Citigroup Inc
Morgan Stanley shares fall over 6% as wealth management results disappoint
Morgan Stanley Chairman and Chief Executive James Gorman speaks during the Institute of International Finance Annual Meeting in Washington, October ...
JPMorgan Chase tops profit expectations on higher rates, benign credit
JPMorgan Chase on Friday topped analysts' estimates for third-quarter profit and revenue as the bank generated more interest income than ...
Citigroup reports better-than-expected revenue for the third quarter
Citigroup reported its third-quarter results on Friday morning, with solid growth in both institutional clients and personal banking fueling higher-than-expected ...
Citigroup CEO Jane Fraser sees ‘cracks’ emerging among some consumers as savings dry up
Lower-end consumers have shifted buying patterns to save money as their bank accounts dwindle in size, according to Citigroup CEO ...
Stocks making the biggest moves midday: Citigroup, Adobe, Corteva and more
David Wadhwani, senior vice president of digital media for Adobe, speaks during the launch of Adobe Creative Cloud and CS6 ...
Citigroup CEO Jane Fraser reorganizes businesses, cuts jobs as bank is mired in stock slump
Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023.Mike Blake ...
Stocks making the biggest moves premarket: Nvidia, Discover Financial, D.R. Horton and more
Check out the companies making headlines in premarket trading.Discover Financial Services — Shares slipped 6.5% after CEO Roger Hochschild resigned. ...
Banks hit with $549 million in fines for use of Signal, WhatsApp to evade regulators’ reach
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, testifies before the Senate Banking, Housing and Urban Affairs Committee during ...
Goldman Sachs misses on profit after hits from GreenSky, real estate
Goldman Sachs on Wednesday posted profit below analysts' expectations amid writedowns tied to commercial real estate and the sale of ...
