Citigroup

Standard Chartered Bank posted an 18% increase in first-quarter pre-tax profit at $1.4 billion, topping the analyst forecast of $1.08 billion. The banks also said it will slash its

Jane Fraser will succeed Michael Corbat as the head of Citigroup Inc, making her the first woman to lead a major Wall Street bank.

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 in 11 markets, as CEO Michael o

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 by Virginia over sale of residential

Wall Street banks are currently under pressure to improve working conditions of a new generation of bankers to fight defection and are thus raising salaries and limiting working. B

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 financial crisis, according to a

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 h

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 internat

They stood strong, survived and even thrived through the global financial crisis. Now, having set a record high of $44 billion worth of mergers and acquisitions across Sub-Saharan