The move comes after recent exits by Barclays and HSBC, and follows the withdrawal of major US banks including JPMorgan, Citi and Morgan Stanley, raising fresh doubts over the future of the ...

Higher-than-expected repayments in auto loans and credit cards prompted Wells Fargo to reduce its charge-offs, or debts that are unlikely to be recovered. The bank also reduced the amount of money set ...

Labor-intensive industries like textiles, footwear, and gems and jewelry are expected to take the brunt of the Trump tariffs, according to analysts ...

Citi has announced key appointees in Asia-Pacific to support the bank's ambition to grow with clients across the sponsor and ...

U.S. banking giants reported resilient consumer spending despite tariff tensions, with profits bolstered by dealmaking.

Jane Fraser met with President Trump on Wednesday to discuss possible public stock offering of Fannie Mae (FNMA) and Freddie ...

U.S. President Donald Trump met the CEOs of Citigroup and Bank of America on Wednesday to discuss the administration's plans ...

U.S. President Donald Trump met Citigroup CEO Jane Fraser at the White House on Wednesday to discuss the administration's ...

Better-than-expected sales and guidance weren’t enough to lift Advanced Micro Devices stock over the high bar set by its ...

Citigroup is facing criticism for potentially benefiting from Mexico’s controversial judicial reform, which critics argue ...

Shopify Inc. surged Wednesday to become the most valuable company in Canada after reporting what Citigroup called a “blowout” ...

Spiral Binding, a plastic fabrication company in Totowa, is letting go of 137 employees. Citibank is laying off 52.