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Larry Fink Lashes Out at BlackRock's Political Critics: They 'Continuously Lie'
BlackRock CEO Larry Fink lashed out at political critics of the world's largest money manager in combative comments, saying they "continuously lie."
Citi Profit Beats Estimates, Takes $483 Million Charge Tied to Severance Costs
Citigroup's first-quarter profit fell 27% related to its reorganization and paid fees to a government deposit insurance fund, as some businesses grew.
Ex-Treasury Official Unveils Startling Interest Rate Outlook
Fed officials had a mean forecast of three rate cuts this year, strong inflation and economic reports have led rate traders to change their tune.
High Interest Rates are Getting More Challenging for Even the Biggest Banks
A key revenue source for three giant banks fell the first three months of the year, showing even the biggest financial institutions are struggling.