, Jane Fraser to head Citigroup, first female to break the Wall Street Bank Glass ceiling
Jane Fraser will succeed Michael Corbat as the head of Citigroup Inc, making her the first woman to lead a major Wall Street bank.
, Trouble Brewing at Citigroup, Pulls out of 11 Countries, Co-President Medina-Mora Plans to Leave
Citigroup Inc., the third-largest U.S. bank, that makes most of its income from overseas markets, has unveiled plans to pull out of consumer banking …
, Virginia Sues 13 Banks for $1.15Billion over alleged Mortgage Bond Fraud
Citigroup, Bank of America, Goldman Sachs Group, Barclays, HSBC and Royal Bank of Scotland are among 13 banks whose units were sued for $1.15bn …
, Wall Street Millennial Bankers Wages to Rise Again: Sources
Wall Street banks are currently under pressure to improve working conditions of a new generation of bankers to fight defection and are thus raising …
, BofA Inks Record: Offers biggest settlement in American history
Bank of America Corp. and the U.S. Justice Department have finally put an end to probes stemming from sales of mortgage-backed bonds that fortified …
, Dropping Deutsche Bank Q1 Profit after Crisis Reduces Trading
Deutsche Bank AG reported a fall in its first-quarter net profit by one-third from a record level a year earlier. Deutsche Bank blames this on the sluggish client activity, which has continued to pressurize investment banking activities across the board and due to exceptional charges has resulted in the bank’s effort to reduce risks.
, Citigroup’s Q1 Profits Recoiled to $2.9 Billion
Citigroup made profits of $2.9 billion in the first three months of the year. Citigroup said that it had been helped by record revenue from processing transactions for its international clients and more customers repaying loans on time. Revenue fell 2 percent to $19.4 billion from the year-ago quarter.
, Destination Africa! Record $44 billion M & A deals over 2010.
They stood strong, survived and even thrived through the global financial crisis. Now, having set a record high of $44 billion worth of mergers …
