Citigroup CEO Jane Fraser sees ‘cracks’ emerging among some consumers as savings dry up
Lower-end consumers have shifted buying patterns to save money as their bank accounts dwindle in size, according to Citigroup CEO…
Eight big U.S. bank CEOs to face Senate Banking Committee grilling in December
Eight CEOs of the largest U.S. banks will face questioning at a Senate Banking Committee hearing in December, according to…
Stocks making the biggest moves midday: Citigroup, Adobe, Corteva and more
Check out the companies making headlines in midday trading. Redwire — The space infrastructure stock soared 5.6% Wednesday after Roth…
Citigroup CEO Jane Fraser reorganizes businesses, cuts jobs as bank is mired in stock slump
Citigroup CEO Jane Fraser announced a corporate reorganization Wednesday, saying the move would cut down management layers and accelerate decisions.…
House Republicans subpoena Citibank over info shared with FBI after Jan. 6
WASHINGTON — House Judiciary Committee Chairman Jim Jordan issued a subpoena to Citibank on Thursday, demanding information about whether the…
Stocks making the biggest moves midday: Discover, D.R. Horton, Nvidia, Cleveland-Cliffs, and more
Check out the companies making headlines in midday trading. Banks — Major Wall Street banks slid during midday trading after…
Stocks making the biggest moves premarket: Nvidia, Discover Financial, D.R. Horton and more
Check out the companies making headlines in premarket trading. Discover Financial Services — Shares slipped 6.5% after CEO Roger Hochschild…
Fitch warns it may be forced to downgrade dozens of banks, including JPMorgan Chase
A Fitch Ratings analyst warned that the U.S. banking industry has inched closer to another source of turbulence — the…
UBS to pay $1.4 billion over fraud in residential mortgage-backed securities
Swiss bank UBS agreed to pay a combined $1.4 billion in civil penalties over fraud and misconduct in its offering…
