Citigroup

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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(...)

Goldman Sachs is one of a number of Wall Street banks that have taken big charges because of Trump’s new tax law. Photograph: David Gray/Reuters

Goldman Sachs on Wednesday posted its first quarterly loss in six years on a huge tax charge but adjusted profit trumped analysts’ estimates, as stren(...)

Bank of America’s total revenue, net of interest expense, rose about 2 per cent to $20.44 billion in the fourth quarter.

Bank of America’s fourth-quarter profit nearly halved as it booked a $2.9 billion (€2.37 billion) charge stemming from the new federal tax law. Other(...)

BP said it will book another $1.7bn  charge from the Deepwater Horizon oil spill in 2010 as part of the settlement for the disaster. Photograph: Nick Ansell/PA Wire

Wall Street reached new record highs on Tuesday, with the Dow Jones Industrial Average racing past the 26,000 mark for the first time less than a fort(...)

 Citigroup headquarters in New York.  The bank   suffered a net loss for  fourth quarter 2017 of $18.3bn. Photograph:    EPA/Justin Lane

Citigroup has swung to its first annual loss since 2009 after Republican tax reforms forced the US bank to take a $22 billion (€18bn) accounting hit, (...)

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