Citigroup Considering at Least 10% Job Cuts in Major Businesses - CNBC
Citigroup's managers and consultants working on CEO Jane Fraser's reorganization have discussed job cuts of at least 10%.
Bankers Seek Legal Cover After Backing $1.5 Trillion of ESG Debt
Bankers servicing one of world’s biggest ESG debt markets actively seeking legal protections to guard against the potential greenwashing allegations.
Buffett's Berkshire Posts Bigger Loss as Stocks Fall
Buffett's Berkshire posts bigger loss as stocks fall; operating profit sets record.
BofA Warns ‘Fear Just as Costly as Greed,’ Says Buy US Stocks
Two of Bank of America Corp.’s leading markets strategists struck a rare agreeable tone, each prophesying gains ahead for equities.
Griffin Says SEC Should Focus on Banks’ Basis Trade Risk: FT
Citadel founder Ken Griffin said regulators should focus on banks, not hedge funds, as they seek to limit financial risks.