Tag: Citigroup
Capital One $35B purchase of Discover Financial gets regulatory approvals
NEW YORK (AP) – The pending merger between Capital One and Discover Financial services received approval from several regulators Friday, bringing the $35 billion tie-up...
Bank of America profits fall 50% in fourth quarter of 2023
NEW YORK (AP) – Bank of America Corp. saw its fourth-quarter profit fall more than 50% from a year earlier as the banking industry...
Big-bank CEOs warn that new regulations could harm the economy
NEW YORK (AP) – The heads of Wall Street's biggest banks used an appearance on Capitol Hill to plead with senators to stop the...
Citi warns trading revenue to decline, BofA is ‘doing OK’
NEW YORK – Citigroup Inc. trading revenue is set to drop this quarter amid volatility that gripped markets for most of August, while a...
Banks slow to disclose median gender pay gaps
Banks are being asked to reveal their “median gender pay gaps,” which measure the overall difference between what they pay men and women.
Through shareholder...
BofA, Morgan Stanley get rare upgrades in season of pessimism
NEW YORK - Analysts haven’t shown a lot of love to bank stocks lately, but a few calls are swimming against the tide.
UBS AG...
Citizens’ clients bullish on BofA
PROVIDENCE – Citizens Financial Group Inc. has purchased an additional 288,283 shares of Bank of America stock on behalf of its wealth management clients,...
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