Citigroup Inc. is shutting down most of its consumer banking operations in Asia, Europe and the Middle East, the latest sign that the original financial supermarket is rethinking how to do business. …
Read More »One year in remote work, no one knows when to stop working
Katie Lipp’s daily alarm isn’t meant to wake her up. Reminds you to go to bed. The employment attorney in Fairfax, Va., Said she has tried a variety of boundary setting techniques …
Read More »JPMorgan jumps to Greensill Fray, hampering Apollo talks
JPMorgan Chase JPM -0.71% & Co. is making a play for some of Greensill Capital’s clients, according to people familiar with the matter, revoking an offer from Apollo Global Management. Inc. APO …
Read More »Lucid, long before SPAC, promised to build a car plant in Saudi Arabia
Electric car startup Lucid Motors Inc. has an undisclosed commitment to build an assembly plant in Saudi Arabia, a potentially expensive promise the company made after accepting more than $ 1 billion …
Read More »Jane Fraser is getting better at Citigroup
Jane Fraser wants to simplify Citigroup Inc., the original megabank. That will not be easy. On Monday, Ms. Fraser takes over as CEO of the third-largest bank in the US Once the …
Read More »The Bitcoin bubble could be bursting. It’s a headwind for some high-flying action.
Text size Bitcoin has dropped 10% in 24 hours. Dream time A bear market may be forming in Bitcoin, which could contribute to the sell off of some high-yielding stocks, if not …
Read More »The Bitcoin bubble could be bursting. It’s a headwind for some high-flying action.
Text size Bitcoin has dropped 10% in 24 hours. Dream time A bear market may be forming in Bitcoin, which could contribute to the sell off of some high-yielding stocks, if not …
Read More »Big Tech employees opened wallets for the Biden campaign
WASHINGTON – Employees of large tech firms were a key source of contributions to Joe Biden’s presidential campaign, recently released campaign finance records show, overshadowing employee donations from traditional Democratic fundraising sources. …
Read More »Citigroup, Bank of America cut CEO salaries
Citigroup Inc. and Bank of America Corp. said on Friday they had slashed the salary of their chief executive officers in 2020. At Citigroup, the bank cut CEO Michael Corbat’s salary by …
Read More »Citigroup Earnings Beat Establish, buyback resuming bank plan
Word size Citigroup issued some debt-loss reserves, raising fourth-quarter earnings above expectations. The banking giant said stock repurchases could resume in the current quarter. Mario Tum / Getty Images Citigroup Led in …
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