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Wall Street's New AI Gurus Are Charging $25,000 A Day for One Class
As banks slash jobs and race to deploy AI, two former SoftBank investors are making fortunes teaching Wall Street how to survive the transformation.
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Indian-Origin Man Who Will Earn Rs 500 Crore At Citi Group "Bullied" JPMorgan Colleagues
A report has accused banker Viswas Raghavan of bullying behaviour at JPMorgan, even as he rises within Citigroup.
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Who Is Viswas Raghavan, Citi's $52 Million Hire Days After JPMorgan Exit
Viswas “Vis” Raghavan joined Citigroup in February 2024 as Head of Banking shortly after leaving JPMorgan.
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Ex-Citigroup Executive Sues Bank, Alleges Sexual Harassment By Wealth Management Chief
In a statement, a Citi spokesman said the lawsuit "has absolutely no merit and we will demonstrate that through the legal process."
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Some US Banks Explore Venturing into Crypto with Joint Stablecoin: Report
Some of the largest banks in the US are exploring whether to team up to issue a joint stablecoin. JPMorgan Chase, Bank of America, Citigroup, Wells Fargo and other large commercial banks are reportedly part of the discussions.
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Citigroup Credited $81 Trillion In Account Instead Of $280 By Mistake: Report
Citigroup accidentally credited an account with $81 trillion instead of $280 as it meant to before catching the error, the Financial Times reported.
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Citigroup To Cut 20,000 Jobs In Next 2 Years
Citigroup plans to cut 20,000 jobs over the next couple of years, the US bank said Friday, as part of a corporate reorganization designed to boost profits and return cash to shareholders.
-
Wall Street's Biggest Banks Failing Key Green Test in Fresh Study
The six biggest banks on Wall Street are failing to live up to a key plank of their ESG commitments to stakeholders, according to a joint study published on Wednesday.
-
US's Largest Banks Pledge $30 Billion To Avoid Another SVB-Like Collapse
A consortium of 11 US private banks, including Bank of America, Citigroup and JPMorgan Chase, announced they would deposit $30 billion into First Republic.
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Citigroup Raises CEO Jane Fraser's Salary To $24.5 Million
Ms Fraser's pay rise has made her the only big US bank boss to receive a bump amid a challenging year for the industry.
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US Banking Giants Face Over $1 Billion in Fines Over Unauthorised Email, WhatsApp Use
Major US banks like JP Morgan Chase and Bank of America face upwards of $1 billion (roughly Rs. 8,000 crore) in fines, according to recent disclosures. The banks are being probed by the US Securities and Exchange Commission and the US Commodity Futures Trading Commission over employees' use of unapproved messaging tools like email and WhatsApp. Her...
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Vietnam's VinFast Taps Banks For $4 Billion EV Factory Funding Deal
Vietnam carmaker VinFast said it has tapped Credit Suisse and Citigroup to raise at least $4 billion to build its planned electric vehicle factory in North Carolina and fund its U.S. expansion.
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Citigroup Confronts Vaccine Holdouts In No Jab, No Job Mandate
Citigroup Inc. was the first major Wall Street bank to impose a strict Covid-19 vaccine mandate: Get a shot or face termination. With its deadline fast approaching, the company is preparing for action.
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Citi Considering Bitcoin Futures Trading for Some Institutional Clients
Citigroup is considering offering Bitcoin futures trading for some institutional clients, a spokesperson for the bank said, citing increased demand in the cryptocurrency space.
-
No Zoom on Friday: Citigroup CEO Jane Fraser Lays Out Measures to Ease Work From Home Fatigue
It took a year of the pandemic but finally one of the world’s biggest banks has acknowledged the huge toll that working remotely is taking on its staff. Citigroup CEO Jane Fraser wants to ease Zoom fatigue and go back to regular working hours. That tells you how bad things have got — at investment banks and at large businesses generally.
-
Wall Street's New AI Gurus Are Charging $25,000 A Day for One Class
As banks slash jobs and race to deploy AI, two former SoftBank investors are making fortunes teaching Wall Street how to survive the transformation.
-
Indian-Origin Man Who Will Earn Rs 500 Crore At Citi Group "Bullied" JPMorgan Colleagues
A report has accused banker Viswas Raghavan of bullying behaviour at JPMorgan, even as he rises within Citigroup.
-
Who Is Viswas Raghavan, Citi's $52 Million Hire Days After JPMorgan Exit
Viswas “Vis” Raghavan joined Citigroup in February 2024 as Head of Banking shortly after leaving JPMorgan.
-
Ex-Citigroup Executive Sues Bank, Alleges Sexual Harassment By Wealth Management Chief
In a statement, a Citi spokesman said the lawsuit "has absolutely no merit and we will demonstrate that through the legal process."
-
Some US Banks Explore Venturing into Crypto with Joint Stablecoin: Report
Some of the largest banks in the US are exploring whether to team up to issue a joint stablecoin. JPMorgan Chase, Bank of America, Citigroup, Wells Fargo and other large commercial banks are reportedly part of the discussions.
-
Citigroup Credited $81 Trillion In Account Instead Of $280 By Mistake: Report
Citigroup accidentally credited an account with $81 trillion instead of $280 as it meant to before catching the error, the Financial Times reported.
-
Citigroup To Cut 20,000 Jobs In Next 2 Years
Citigroup plans to cut 20,000 jobs over the next couple of years, the US bank said Friday, as part of a corporate reorganization designed to boost profits and return cash to shareholders.
-
Wall Street's Biggest Banks Failing Key Green Test in Fresh Study
The six biggest banks on Wall Street are failing to live up to a key plank of their ESG commitments to stakeholders, according to a joint study published on Wednesday.
-
US's Largest Banks Pledge $30 Billion To Avoid Another SVB-Like Collapse
A consortium of 11 US private banks, including Bank of America, Citigroup and JPMorgan Chase, announced they would deposit $30 billion into First Republic.
-
Citigroup Raises CEO Jane Fraser's Salary To $24.5 Million
Ms Fraser's pay rise has made her the only big US bank boss to receive a bump amid a challenging year for the industry.
-
US Banking Giants Face Over $1 Billion in Fines Over Unauthorised Email, WhatsApp Use
Major US banks like JP Morgan Chase and Bank of America face upwards of $1 billion (roughly Rs. 8,000 crore) in fines, according to recent disclosures. The banks are being probed by the US Securities and Exchange Commission and the US Commodity Futures Trading Commission over employees' use of unapproved messaging tools like email and WhatsApp. Her...
-
Vietnam's VinFast Taps Banks For $4 Billion EV Factory Funding Deal
Vietnam carmaker VinFast said it has tapped Credit Suisse and Citigroup to raise at least $4 billion to build its planned electric vehicle factory in North Carolina and fund its U.S. expansion.
-
Citigroup Confronts Vaccine Holdouts In No Jab, No Job Mandate
Citigroup Inc. was the first major Wall Street bank to impose a strict Covid-19 vaccine mandate: Get a shot or face termination. With its deadline fast approaching, the company is preparing for action.
-
Citi Considering Bitcoin Futures Trading for Some Institutional Clients
Citigroup is considering offering Bitcoin futures trading for some institutional clients, a spokesperson for the bank said, citing increased demand in the cryptocurrency space.
-
No Zoom on Friday: Citigroup CEO Jane Fraser Lays Out Measures to Ease Work From Home Fatigue
It took a year of the pandemic but finally one of the world’s biggest banks has acknowledged the huge toll that working remotely is taking on its staff. Citigroup CEO Jane Fraser wants to ease Zoom fatigue and go back to regular working hours. That tells you how bad things have got — at investment banks and at large businesses generally.
