Citigroup

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Earlier this month, Barclays said that it had cut 3,000 jobs, or almost 4 per cent of its total workforce, in the second quarter. Photograph: Ian West/PA Wire

Global investment banks are shedding tens of thousands of jobs as falling interest rates, weak trading volumes and the march of automation create a br(...)

Photograph: Jason Lee/Reuters

China took steps to limit weakness in the yuan, providing some stability to global financial markets in the wake of Monday’s rout, and said it won’t d(...)

HSBC said  its global commercial banking unit head Noel Quinn will be interim chief executive

HSBC ousted John Flint as chief executive after just 18 months in a shock move that the chairman of Europe’s biggest bank said was needed to speed up (...)

Bombardier has troubles in both its aerospace and rail divisions. Photograph: Bloomberg

Bombardier, the Canadian group seeking to sell its operations in Northern Ireland, plunged after lowering its 2019 financial forecasts because of new (...)

 placard reading “This is your day” is seen on a lamp post next to the head quarter of  Deutsche Bank in Frankfurt

Deutsche Bank said on Wednesday the German lender posted a larger-than-forecast loss of €3.15 billion in the second quarter due to major restructuring(...)

Traders  on the floor of the New York Stock Exchange on Friday. Wall Street’s three main indexes flitted between slight gains and losses on Monday. Photograph: Lucas Jackson/Reuters

European markets moved slightly higher, supported by strong economic growth figures from China. The Chinese data eased investor concerns about a slow(...)

Citi shares have rallied by 40 per cent so far this year. Photograph: Getty Images

Citigroup kicked off the second-quarter earnings season for Wall Street with results that underlined the tough trading conditions for investment banks(...)

Founded in 1980, Merc has worked to appoint senior business leaders across a range of industries from multinational corporations to public-sector bodies. Photograph: iStock

Dublin-based executive recruitment company Merc Partners has been acquired by Spencer Stuart, a privately-owned US company with more than 60 offices g(...)

Federal Reserve chief  Jerome Powell  has come under pressure from markets and Donald Trump to cut rates. Photograph: Reuters/Brendan McDermid

Stocks may be flying high in 2019 but analysts aren’t nearly as cheery as investors right now. According to Citigroup’s earnings revisions index, anal(...)

Ryanair was among the main movers in Dublin on Friday.

A surge in German shares helped European equities mark their best first-half performance in over two decades yesterday, with investors awaiting the ou(...)

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