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The bank produced a net loss of $6.7 billion in 2017, but this was triggered by a charge related to a cut in US corporate taxes. Photograph: PA Wire

Citigroup has handed its chief executive Michael Corbat a 48 per cent rise in his pay package to $23 million (€18.5 million) for 2017, a year in which(...)

AllianceBernstein joins a  list of global financial firms considering Dublin as an expansion location. Photograph: iStock

AllianceBernstein is looking to set up a broker-dealer operation in Dublin ahead of Brexit, chief executive Seth Bernstein said. The New York-based a(...)

Passengers boarding a Ryanair flight at Stanstead Airport in London. Photograph: Bryan O’Brien / The Irish Times

Ryanair has engaged its brokers, Citigroup and Davy, to begin a share buy-back programme up to €750 million. The Dublin-headquartered budget airline(...)

Traders work on the floor of the New York Stock Exchange (NYSE) in New York.  Photographer: Michael Nagle/Bloomberg

Global stocks extended the biggest sell-off since 2016, with European, US and Asian shares continuing last week’s decline. Equity investors are looki(...)

Asian markets tumbled on Monday after US stocks were pummelled at the end of last week, with traders fretting that a surging US economy will lead to sharp interest rate hikes by the Federal Reserve. Photograph: Anthony WALLACE/AFP/Getty Images

Asian stock markets tumbled on Monday as the global equity market sell-off deepened following Wall Street’s worst trading day in two years on Friday.(...)

Wells Fargo agreed to disclose the gaps between what it pays men and women as well as disparities for minority groups, a spokeswoman said. The San Fr(...)

Netflix has become the latest company to enjoy a market capitalisation in excess of $100 billion. Photograph:  Andrew Harrer/Bloomberg

It’s official – this is the easiest stock market in history. Investing is meant to be a nerve-busting business, with stocks typically enduring unple(...)

US president Donald Trump on his arrival to address the World Economic Forum  in Davos, Switzerland. Photograph: Getty Images

The World Economic Forum this week threw up images of the global elite smoking cigars after boozy dinners – setting the world to rights. Business lea(...)

Michael Lavelle, head of Citigroup’s UK and Ireland corporate and investment banking business

Investors are primed for the State to sell another batch of shares in AIB, as the lender’s shares have soared in value and are trading at a premium to(...)

Michael Corbat, chief executive of Citigroup: “If the turn comes, and it will come” on financial markets, the risk is that it “will be more violent”

Investors’ moves to shrug off the US government shutdown over the weekend represented another “concerning” sign of ambivalence among investors about r(...)

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