Markets see worst day in months on FedEx slump
A FedEx truck and cars commute on Highway 101 during heavy rain in San Francisco Bay Area of California, United States on December 20, 2023. Tayfun Coskun | Anadolu | …
Citigroup Inc
Citigroup to close global distressed-debt unit
A trader works underneath a monitor displaying Citigroup Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on June 3, 2016. Michael Nagle …
Citigroup employees told they can work remotely until new year
Jane Fraser, CEO of Citigroup, testifies during a Senate Banking Committee hearing at the Hart Senate Office Building in Washington, D.C., on Dec. 6, 2023. Win Mcnamee | Getty Images …
Broadcom stock spikes, on pace for best day in a year
Hock Tan, CEO of Broadcom. Martin H. Simon | Bloomberg | Getty Images Broadcom shares jumped about 9% Monday after Citigroup resumed its coverage of the stock with a buy …
Wells Fargo mortgage lenders probed over racial discrimination
People pass by a Wells Fargo bank on May 17, 2023 in New York City. Spencer Platt | Getty Images Wells Fargo was snared in an industrywide probe into mortgage …
Bank CEOs show support for SSI reform bill
Morsa Images | Digitalvision | Getty Images Current SSI asset limits ‘lock people in poverty’ Current SSI asset limits are extremely low — $2,000 for individuals and $3,000 per couple. …
Wall Street CEOs say Basel 3 endgame rules will hurt Americans
(L-R) Brian Moynihan, Chairman and CEO of Bank of America; Jamie Dimon, Chairman and CEO of JPMorgan Chase; and Jane Fraser, CEO of Citigroup; testify during a Senate Banking Committee …
Rate cuts might not be in the cards
The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023. Valerie Plesch | Bloomberg | Getty Images This report is from …
Citigroup layoffs begin as part of CEO Jane Fraser’s overhaul
Jane Fraser, CEO of Citigroup Inc., during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” at the Economic Club of Washington in Washington, D.C., March 22, …
Markets on a hot streak
The Nasdaq MarketSite in New York, June 9, 2023. Michael Nagle | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC …