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financial services

Citi rebuilding gathers steam; investment banking gets a facelift

The corporate and investment banking division of Citigroup (C) will soon cease to exist as an independent unit. According to…

Visa shares surpass 52-week high on strong Q3 results

Credit card giant Visa (V) reported upbeat results for its third quarter ending June 30, 2018. The company’s shares, which…

American Express misses on topline; Shares fall 3%

American Express Company (AXP) reported revenues of $10 billion for the second quarter of 2018, an increase of 9% from…

Meet the new Goldman Sachs chief: DJ D-Sol

Along with its quarterly earnings report, banking giant Goldman Sachs (GS) today announced the appointment of its new CEO David…

Wells Fargo slides after missing Q2 earnings

Banking giant Wells Fargo (WFC) reported downbeat results both on earnings and revenue front amid the pressure from the federal…

Citigroup earnings beat view; stock dips on revenue miss

Investment banking firm Citigroup (C) Friday came out with mixed results for the second quarter, when earnings rose sharply and…

Barclays settles subprime fraud case on ‘fair’ terms, pays $2 billion in penalty

More than a decade after the subprime crisis wreaked havoc across the global financial system, skeletons are still tumbling out…