News Around the Globe
By Franey A Ferrari-loving British bond trader is being sued in London court after his $2.6 billion bet against US Treasuries at the outbreak of the COVID-19 pandemic backfired – …
Read More By Elisa Citigroup will no longer require a diverse slate of candidates for job interviews, its CEO said in a memo, as corporate America contends with a new business climate …
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By Herzlich Morgan Stanley said on Thursday it had decided to leave a UN-backed climate alliance – joining rivals Goldman Sachs and Citi in ditching the group amid conservative backlash …
Read More By Franey Citigroup CEO Jane Fraser will slash the number of bankers getting year-end promotions as the Scottish-born executive looks to clamp down on costs, according to a report. Just …
Read More By Elisa UK regulators fined Citigroup 61.6 million pounds ($78.5 million) for controls failings in its trading operations, one of the biggest sanctions for systems breaches, which in one case saw the …
Read More By Thaler A recent gold rally could have bullion “shining bright like a diamond” – with the precious metal possibly topping $3,000 per ounce in the next six to 18 …
Read More By Elisa Citigroup is investigating workplace harassment allegations made by at least one employee against a senior US banker who works on initial public offerings, four people with direct knowledge of …
Read More By Thaler Citigroup plans to slash 20,000 jobs over the next two years after the struggling bank reported its worst fourth-quarter earnings in 15 years Friday. CEO Jane Fraser – …
Read More By Elisa Citigroup Chief Financial Officer Mark Mason said Wednesday the bank’s largest reorganization in decades will cost about $1 billion for charges related to restructuring and severance. The overhaul is …
Read More By Barrabi Citigroup has informed employees they will be fired if they do not comply with a companywide vaccine requirement by Jan. 14. The bank reminded workers in a memo …
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By Thomas Goldman Sachs, JPMorgan, Citigroup Inc, Credit Suisse and other banks have curbed trips to Italy amid fears that the coronavirus outbreak across the north of the country could …
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