The resolutions many enterprise executives made for the new year likely involved driving new efficiencies. Having navigated the various challenges of 2023’s shifting macroeconomic climate,...
Friday heralded the official kick off of earnings season, with banks leading the charge. Within the CE 100 Index, gains seen in the work segment...
Citigroup reported a net loss of $1.8 billion for the fourth quarter, attributing that in part to several “notable items.” The items include a special...
In the first two weeks of the new year, several prominent companies, including Amazon, Citigroup, Xerox, Google and BlackRock, have announced plans to cut jobs,...
Out with the old and in with the new, as they say. For the CE 100 Index, completing its first (shortened) week of trading, the...
Bank CEOs are set to appear before the Senate Banking Committee to protest new regulations and capital hikes, arguing that these measures will harm the...
Citigroup has begun the next phase of its previously announced organizational changes. “Today we shared with our colleagues the next layer of changes across many...
America’s banking giants are reportedly on the hook for replenishing the government deposit insurance fund. The Federal Deposit Insurance Corp. (FDIC) is going to approve...
Citigroup has reportedly begun cutting jobs as part of its CEO’s companywide overhaul. Workers at the banking giant were expected to be informed of the...