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Citigroup Inc

Westpac posts steady third-quarter profit, helped by higher capital earnings

by Walter Watson
Westpac posts steady third-quarter profit, helped by higher capital earnings

A Westpac bank branch in Sydney, Australia. Katharina13 | iStock Editorial | Getty Images Australia’s Westpac Banking Corp beat analyst forecasts for third-quarter profit on Monday and reported improved net …

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Lost in the rotation out of tech stocks is a bullish call on major banks

by Akin Smith
Lost in the rotation out of tech stocks is a bullish call on major banks

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market …

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Morgan Stanley OpenAI-powered assistant to roll out for wealth advisors

by Anas Siddiqui
Morgan Stanley OpenAI-powered assistant to roll out for wealth advisors

Bing Guan | Bloomberg | Getty Images Morgan Stanley is pushing further into its adoption of artificial intelligence with a new assistant that is expected to take over thousands of …

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Citigroup, JPMorgan Chase, Goldman Sachs hit by regulators

by Anas Siddiqui
Citigroup, JPMorgan Chase, Goldman Sachs hit by regulators

Jane Fraser, CEO of Citigroup, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Thursday, September …

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Immigrants help keep job growth high as inflation cools

by Vera Ward
Immigrants help keep job growth high as inflation cools

U.S. President Joe Biden greets members of the U.S. Border Patrol at the U.S.-Mexico border in Brownsville, Texas, U.S., February 29, 2024. Kevin Lamarque | Reuters Immigration — both authorized …

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Revolut moves global HQ in Canary Wharf as it awaits UK bank license

by Walter Watson
Revolut moves global HQ in Canary Wharf as it awaits UK bank license

A mockup of what Revolut’s new global HQ in Canary Wharf will look like. The firm said it plans to display its logo on two signs on the sides of …

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Trump CEO meeting to include Dimon, Fraser, Moynihan

by Vera Ward
Trump CEO meeting to include Dimon, Fraser, Moynihan

US President Donald Trump gestures as CEO of Bank of America Brian Moynihan (L) speaks during a meeting with banking leaders to discuss how the financial services industry can meet …

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Affirm buy now, pay later loans coming later this year

by Anas Siddiqui
Affirm buy now, pay later loans coming later this year

Chris Ratcliffe | Bloomberg | Getty Images Apple device users will soon be able to tap into buy now, pay later loans from Affirm for purchases, the companies said Tuesday. …

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Business park near Singapore airport rapidly emptying out, hurting its regional hub ambitions

by Walter Watson
Business park near Singapore airport rapidly emptying out, hurting its regional hub ambitions

IBM, which occupied two namesake buildings with a total of 12 floors at Changi, has reduced its presence to two floors, according to people familiar with the situation, who asked …

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Chinese hacker Wang Yunhe’s arrest brings fresh scrutiny of Singapore wealth flows

by Walter Watson
Chinese hacker Wang Yunhe’s arrest brings fresh scrutiny of Singapore wealth flows

While Wang is accused of a different set of crimes to the remote-gambling ring that was taken down last year, the alleged modus operandi is similar. He set up companies …

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