If there’s a theme for retailers this earnings season, and especially for dining, it might be crystallized in the comments this week from McDonald’s CEO...
ShipBob is reportedly planning to launch its initial public offering (IPO) as soon as late 2024. The listing could value the eCommerce fulfillment service provider...
The largest U.S. banks are reporting a slowdown in lending. Bank of America and PNC were the latest to do so, with the former reporting Tuesday (April 16)...
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 has begun, and at least initially, investors seemed nonplussed. Despite resilient consumer spending, inflation’s sticky too — and pressures are evident in the...
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...
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...
Financial institutions’ net income dropped 43.9% in the fourth quarter of 2023. The net income of commercial banks and savings institutions insured by the Federal Deposit...
The Federal Reserve and other American regulators could reportedly unveil new banking regulations this spring. That’s according to the New York Times (NYT) report Tuesday (March 5)...