Ida Liu, an 18-year veteran of the bank, did not detail her future plans. Citi eliminated her post and will instead have four regional private-banking chiefs.
Company (NYSE: WFC) announced today that it has successfully closed a consent order issued by the Consumer Financial Protection Bureau (CFPB) in 2022. The order, which pertained to the bank's practices in automobile lending,
The great unravelling of the net-zero stranglehold on financial and investment markets has begun. The latest evidence is the push by Coalition MPs and a New Zealand minister for Australia’s large banks to abandon an international net-zero pact.
The last of the six major US banks recently exited the Net Zero Banking Alliance. These departures may have created a buzz, but we caution investors against being misled
Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be numbered. But the consumer bureau, still led by Director Rohit Chopra, says Wells is still being scrutinized as a repeat offender.
The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit account services.
AT&T Inc. (NYSE:T – Get Free Report)’s share price hit a new 52-week high on Monday after the company announced better than expected quarterly earnings. The stock traded as high as $24.30 and last traded at $24.
Citigroup's double-digit ROTCE target is more achievable after Q4 improvements. Read why C stock could deliver attractive earnings growth in the coming years.
Citizens meanwhile extends its presence in Florida with a $750 million team from RBC and Envestnet hires a new CEO.
It’s been a busy week in remote work discourse. It kicked off with Monday’s Return to In-Person Work memorandum, issued by President Trump, which instructed that heads of departments and agencies
MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Seagate Technology Holdings plc (NASDAQ:STX – Free Report) by 46.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,
In this podcast, Motley Fool contributor Matt Frankel and host Mary Long break down big bank earnings. They also discuss: Why comparisons to 2023 give banks more credit than they may deserve. The split between JPMorgan's investment banking and consumer businesses.