The largest U.S. banks cut a total of more than 5,000 jobs during the first quarter. They did so to control costs during an uncertain...
Earnings season, so far — and chiefly through the big banks — is pointing to some strength in consumer credit. And that strength has been...
Citigroup’s latest results took note of continued spending on credit cards but there were some notes of caution in the mix. The earnings materials detailed...
Friday marks the beginning of earnings season. And, as is always the case, every three months, the big banks will give a glimpse into the...
The EMEA DisrupTech conference in London, convened by Citigroup, reportedly spotlighted the burgeoning environment for mergers and acquisitions (M&A) in 2024. The event assembled 48...
Citi Ventures has become a strategic investor in Tuum in an extension to the Series B funding round Tuum announced in February. Together with its investment, Citi Ventures...
Citi has named a 24-year veteran of JPMorgan Chase as its new banking head. Viswas “Vis” Raghavan is set to join Citi’s executive management team and will report...
In any industry, a $35 billion deal is, of course … a big deal. But in financial services, the news that Capital One has set...
One of the biggest challenges to account for in cross-border payments is, well, the accounting. It’s a silent but often deadly snarl that can tangle...