John Gerspach

5 results

Jamie Dimon: “Blockchain is real. You can have crypto yen and dollars and stuff like that.” Photograph:  Andrew Matthews/PA Wire

JPMorgan chief executive Jamie Dimon regrets having called bitcoin a “fraud” but would still not be interested in the cryptocurrency, he said in an in(...)

A 15%  drop in Citi’s   trading revenue would mean revenue of $3.46bn   (€2.9bn), which would be the lowest quarterly figure since the final three months of 2015. Photograph: Bloomberg

Citigroup’s trading revenue is on pace to drop 15 per cent in the third quarter from a year earlier as volatility remains “somewhat subdued”, chief fi(...)

Citigroup reported a quarterly profit that beat analysts’ estimates as trading revenue held up better than the company’s forecast and loans grew.

Citigroup reported a quarterly profit that beat analysts’ estimates as trading revenue held up better than the company’s forecast and loans grew. The(...)

The fourth largest US bank by assets said it could incur another $1 billion (€885 million) in credit costs this year if oil drops below $35 a barrel. Photograph: Timothy A Clary/AFP/Getty Images

Citigroup’s quarterly profit plunged 27 per cent, dragged down by lower revenue as well as costs to shrink some businesses and cover bad loans to the (...)

US bank Citigroup posted a 42 per cent jump in quarterly profit as bond trading revenue gained and stronger home prices helped the bad mortgages on it(...)