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The Clock Is Ticking on Jane Fraser’s Citigroup Turnaround
The Wall Street Journal· 2 hours agoBank stocks took off, even as the firms navigated new regulations. Citi appeared primed to join...
Biggest Investment Banks Cut More Jobs in 2024 After Brutal Year — Financial News
Morningstar· 14 hours agoThe world's biggest investment banks are continuing their brutal headcount reduction in 2024 as slashing costs stays on the agenda despite an uptick in deal fees. The top 12 investment banks ...
The AI jobs threat is biggest for banking, says Citi - InvestmentNews
InvestmentNews· 4 days agoAbout 54% of jobs across banking have a high potential to be automated, the bank said Wednesday in a...
Citigroup says AI could replace more than half of jobs in banking - The Boston Globe
The Boston Globe· 5 days agoCitigroup said artificial intelligence is likely to displace more jobs across the banking industry...
Lithium’s Ongoing Slump Has Traders Searching for Recovery Signs
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- Lithium industry watchers hoping the battery metal was poised to rebound from an epic...
JPMorgan, Citigroup, Bank of America, and Goldman Sachs have weaknesses in their bankruptcy plans
Quartz· 3 days agoFederal regulators found fault in the unwinding plans of several of the largest U.S. banks. When...
Gateway - Quartz
Quartz· 6 days agoJPMorgan Chase, Citigroup and Wells Fargo all beat Wall Street expectations when they reported quarterly earnings Friday morning. Despite shining balance sheets, each bank ...
Meituan’s Worst-to-First Stock Rally Has Street Looking for More
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- After pulling an about-face to become one of the best-performing technology stocks in...
Bank of Canada to Explain Its Pandemic Actions as Political Tides Shift
Bloomberg via Yahoo Finance· 15 hours ago(Bloomberg) -- The Bank of Canada is doing a formal review of its pandemic-era policies, when it...
Trump Says Execs Who Don’t Support Him Should Be ‘Fired For Incompetence’—While Touting Tax Cuts
Forbes· 7 days agoFormer President Donald Trump said in a post on Truth Social business executives and shareholder...