Wall Street execs predict 200,000 layoffs, due to artificial intelligence (AI). As technology impacts finance, and other ...
Citigroup cut its closely watched profitability target in 2026 as it tackles rising regulatory expenses and, at the same time ...
Shares rose 3.6% in premarket trading. Citi, one of the nation’s largest banks, has been pursuing a turnaround strategy under CEO Jane Fraser, who has sold off some business and reorganized the ...
Wall Street’s biggest banks, including JP Morgan, had a surge in profit after a rebound in dealmaking and strengthening ...
Morgan Stanley, Goldman Sachs, Bank of America, Citi, Wells Fargo, and JPMorgan Chase all reported strong fourth-quarter ...
Large US banks reported soaring profits Wednesday propelled by strength in trading and financial advisory services as Wall ...
Citi analysts have increased their price target for NetEase stock ahead of the video game company’s Q4 2024 earnings report.
At the local outpost of Wall Street giant Morgan Stanley ... One outlier is expected to be Citi, where managing directors were down 25 per cent last year and are now waiting to learn how a ...
Citi, one Citigroup reported earnings of $1.34 per share for the fourth quarter, surpassing Wall Street estimates of $1.22. A year ago, the bank posted a loss of $1.16 a share.
Larry Fink, BlackRock chairman and CEO. (Victor J. Blue/Bloomberg) Rising stock prices tend to bode well for BlackRock, the world’s largest money manager, as inflows boost the hundreds of funds ...
With major US banks out of net zero alliance, European members should push to raise their climate action in the upcoming ...