News

Big US banks kicked off second-quarter earnings on a high note Tuesday, signalling a rebound in investment banking activity ...
Q2 2025 Management View Jane Nind Fraser, CEO, reported "another very good quarter with net income of $4 billion, earnings ...
JPMorgan also signalled US borrowers are holding up better than analysts feared in the early months of the White House’s global trade war. The bank reported provisions to cover potential bad loans of ...
Jeremy Barnum, JPMorgan’s chief financial officer, echoed that sentiment, noting that the biggest US bank by assets continued ...
Citibank was ordered to pay a $3 million penalty and provide nearly $11 million in consumer relief or refunds in a settlement over illegal debt sales and debt collection practices, a federal ...
Citigroup could earn nearly $9 million in tax incentives from the state of North Carolina over the next decade as the bank ...
Citibank will pay $250 million to settle the ISDAfix charges, while the bank and its Japanese affiliates will pay $175 million to resolve the Libor-related allegations, the CFTC said.
Bucking the trend of outsourcing store credit card operations, the bank subsidiary of the clothing retailer Charming Shoppes Inc. is buying the card business of Charming’s Catherines store chain from ...
Andy Sieg, Head of Wealth at Citi, says some of the bank's wealthy clients are souring on the US and instead looking at the ...
The Wall Street giant's global wealth head says affluent clients are shifting away from America amid growing fallout from ...
(IDEX Online) - Spending on luxury jewelry in May was up by 10.1 per cent, according to Citigroup. The figure is strikingly ...