Citigroup reported Monday (Feb. 28) that its total exposure to Russian assets was at $5.4 billion at the end of December 2021, down from $5.5...
HSBC executives, representing one of Mexico’s biggest banks, have told investors that the bank doesn’t want to buy out Citigroup’s consumer bank Banamex, Reuters reported...
Federal prosecutors on Friday (Feb. 11) dropped criminal charges against Citigroup, Deutsche Bank and four senior bankers related to a “significant cartel case” by the...
Goldman Sachs saw its profits decline by 13% in the fourth quarter, the banking giant announced Tuesday (Jan. 18). As The Wall Street Journal reported,...
As earnings season gets underway, a trio of big bank earnings points to variations on some themes: Consumers are still spending, loan losses seem manageable...
Big U.S. bank bosses have been optimistic about the economic outlook as of this past week, but investors have been skeptical of the growth outlook,...
The honeymoon may be over when it comes to big banks and the pandemic economy. As The Wall Street Journal reported Friday (Jan. 14), fourth-quarter...
Citigroup is making changes to its business structure, the bank said on its earnings call Friday (Jan. 14), part of a larger strategy to get...
Banco Santander SA and billionaire Ricardo Salinas are all among the players considering acquiring Citibanamex, Citigroup’s Mexican retail banking business. Salinas’ comments, made on Twitter...