Mexico's Banorte once again weighs Banamex purchase Reuters Apr 23, 2025 MEXICO CITY â€� Mexican lender Banorte will again consider a potential purchase of Banamex, Citi's one-time retail unit in the country which it …
Citi sticks to hybrid working, bucks return-to-office trend Reuters) Feb 3, 2025 Citigroup CEO Jane Fraser has informed top executives the bank will stick to its hybrid work schedule, the Financial Times reported on Tuesday…
BEGINNING OF THE FEDERAL RESERVE SYSTEM Dec 22, 2024 On Dec. 23, 1913, President Woodrow Wilson signed the Owen-Glass Act, creating the Federal Reserve System, an independent agency of the U.S. G…
HSBC starts search for next chairman, Sky News reports Reuters Nov 30, 2024 HSBC's board has appointed headhunters to start the recruitment of its next chairman, Sky News reported on Saturday, with incumbent Mark Tucke…
New York Fed says bank reserves abundant By Michael S. Derby Reuters Nov 21, 2024 NEW YORK â€� New statistics rom the New York Federal Reserve suggest the U.S. central bank isn't facing any roadblocks to continuing forward wit…
No reason not to cut rates in Dec as of now, ECB's Holzmann tells paper Nov 10, 2024 VIENNA (Reuters) - As things currently stand, there is no reason for the European Central Bank not to cut interest rates in December but the d…
+2 Germany denies report it is mulling law to protect banks from foreign takeovers Oct 20, 2024 MILAN (Reuters) -Germany's finance ministry on Sunday denied that the country was considering introducing a law to protect domestic banks from…
Warren asks regulator to impose growth curbs on Citi By Pete Schroeder Reuters Oct 3, 2024 WASHINGTON (Reuters) - U.S. Sen. Elizabeth Warren on Wednesday urged a top regulator to impose growth restriction on Citigroup, as the Wall St…
Bank of America to open more than 165 new branches by end of 2026 By Saeed Azhar Reuters Sep 23, 2024 NEW YORK â€� Bank of America plans to open more than 165 U.S. branches by the end of 2026, the lender said on Monday, as it competes with JPMorg…
Currencies listless as markets waffle over Fed rate cut Sep 15, 2024 SINGAPORE (Reuters) - The yen lounged around its highest levels for the year on Monday in trading thinned by a holiday in Japan, as market par…