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The firm posted a 49% gain to fixed income trading revenue, more than double the gain analysts anticipated, according to those surveyed by Bloomberg.
The move comes amid a shift in the industry as major banks spend more on electronic programs and cut in-person trading operations.
The risk of cyberattacks rises as high-tech smart cities become the norm, and experts say ‘your weakest link is your people’
At the IGNITION: Smart Cities panel in Washington DC, experts discussed the challenges governments and cities face protecting against of cyberattacks.
Lazada’s millennial-friendly credit card is finally in Singapore – and it’s offering a year’s free shipping, plus tons of points
It includes free shipping on RedMart and Lazada for a year.
Citi "failed to meet the standards of governance and oversight of regulatory reporting" expected of an important bank, said Sam Woods, CEO of the PRA.
Citi CEO Michael Corbat said Fraser's appointment would help ensure the bank succeeds in the "next decade and beyond."
A year after Jamal Khashoggi’s murder in Saudi Arabia, the US seems to be returning to business as usual there
The world's business elite are expected to attend Saudi Arabia's annual investment conference, "Davos in the Desert," a year after the brutal killing of writer Jamal Khashoggi.
Citi is removing some of its most valuable benefits in September. Here’s how I’ll be adjusting my credit card strategy
On September 22, Citi is cutting many travel and purchase protections from its credit cards. Its Costco cards will retain some perks.
PRESENTING POWER BROKERS OF FINANCE: How to get hired at Goldman Sachs, Citi, BlackRock, and other top companies
We asked the HR heads at top finance firms like Bank of America, Citi, and Morgan Stanley how to win a spot there — and how to succeed once you do.
Hear from top execs from Goldman Sachs, J.P. Morgan, Citi, BNY Mellon, Barclays, and Morgan Stanley as they talk industry transformation on June 10.