Wall Street execs predict 200,000 layoffs, due to artificial intelligence (AI). As technology impacts finance, and other ...
Citigroup cut its closely watched profitability target in 2026 as it tackles rising regulatory expenses and, at the same time ...
JPMorgan notched a record profit of $58.5 billion, up from $49.6 billion in 2023, America’s biggest bank reported on ...
Despite Citi lagging behind its rivals on return to tangible equity, about 70 per cent of Wall Street analysts have assigned the bank a “buy” rating. “The outcomes for Jane are about as wide ...
We recently compiled a list of the 10 AI News You Probably Missed. In this article, we are going to take a look at where ...
This is a good time to be a trader. Revenue from big Wall Street desks dealing in stocks, bonds and other instruments surged ...
Shares rose 3.6% in premarket trading. Citi, one of the nation’s largest banks, has been pursuing a turnaround strategy under CEO Jane Fraser, who has sold off some business and reorganized the ...
Citi CEO Jane Fraser's has made major moves ... 2024-12-19T12:08:18Z Stocks tanked after the Fed signaled fewer rate cuts next year. Here's what Wall Street analysts see ahead.
See which banks, hedge funds, and private equity firms have called staff back five days a week and which allow some work from ...
Citigroup said on Friday it was expecting a rally in global equities to extend into 2025, as falling interest rates and ...
Some of Wall Street’s biggest banks reported a surge ... stronger performance in our businesses,” said Jane Fraser, Citi’s chief executive, in a statement. “Our net income was up nearly ...
Wall Street banks JPMorgan Chase, Goldman Sachs and Citigroup notched up strong rises in profits at the end of last year, ...