Earnings season is in full swing, as big banks – specifically, JPMorgan and Citigroup – helped sway the fortunes of the CE 100 Index. The Index...
Banks Dissapointed Wall Street With Net Interest Income The earnings season has been offically kicked off by JP Morgan Chase (NYSE: JPM) that reported earnings and revenue well...
A Wall Street revival provided a second quarter boost to big banks at a time of rising challenges for their Main Street consumer operations. Investment banking...
By Tatiana Bautzer and Manya Saini (Reuters) -Citigroup beat Wall Street expectations for second-quarter profit on Friday, boosted by a 60% jump in investment banking revenue...
A pair of government regulators slapped Citigroup with a $135.6 million fine on Wednesday, saying the bank has made insufficient progress in resolving longstanding internal control...
Regulators slapped Citigroup (C) with $136 million in fines for failing to resolve long-standing deficiencies surrounding controls and risk management, a setback for CEO Jane Fraser...
The banking sector is set to take center stage as the second quarter earnings season kicks off this Friday. Banking giants JPMorgan Chase (JPM), Wells Fargo...
Regulators found weaknesses in “living wills” submitted by four of the country’s largest banks detailing how the lenders would wind themselves down if something catastrophic were...
By Pete Schroeder WASHINGTON (Reuters) -U.S. bank regulators ordered Bank of America, Citigroup, Goldman Sachs and JPMorgan Chase on Friday to bolster plans for how they...
Bad news for the one percent: According to a new exhaustive report from Citigroup, finance is on track to bear the brunt of AI-related displacement. AI...
(Bloomberg) — Citigroup Inc. said artificial intelligence is likely to displace more jobs across the banking industry than in any other sector as the technology is...
Citigroup (C) CEO Jane Fraser told investors Tuesday that an empire her bank amassed in the 1990s is no more. “We are no longer the financial...