C News Explorer
Stay informed with the latest market news and analysis about C
2024-11-18
José Andrés Opens New Dining Destination at Reagan National Airport
Nov 18, 2024, 5:00 AM
The Michelin-starred chef and humanitarian has partnered with Capital One to open a lounge-restaurant hybrid at Ronald Reagan National Airport.
2024-11-09
Howard Lutnick Is Scouting Trump’s Nominees. Some Will Oversee His Interests.
Nov 9, 2024, 8:33 AM
Howard Lutnick, co-chair of the president-elect’s transition team and a Wall Street financier, is leading the search for appointees while still running his businesses.
2024-10-18
The one big bank that had a challenging week
Oct 18, 2024, 4:00 AM
Investors cheered earnings from many of the biggest banks this past week with one notable exception: Citigroup. A big reason was some confusion that took hold during the lender's quarterly call with analysts.
2024-10-15
'Soft landing' optimism spurs broad Wall Street rebound at big banks
Oct 15, 2024, 11:12 AM
The biggest banks staged a broad Wall Street rebound in the third quarter, as optimism about a possible 'soft landing' and rate cuts from the Fed spurred dealmaking and trading.
Citigroup earnings are due Tuesday. Here's what Wall Street expects
Oct 15, 2024, 7:10 AM
The bank's third-quarter report is scheduled for release before the market open.
2024-09-29
Wall Street forms super teams to fight for $1.7 trillion private credit market
Sep 29, 2024, 10:03 AM
Big banks and private equity giants are joining forces to create new Wall Street super groups, with the goal of capturing a bigger slice of the $1.7 trillion private credit market.
2024-09-27
Citi warns some employees about misconduct by staff, contractors, memo says
Sep 27, 2024, 3:28 PM
Citigroup warned some employees about fraud and unethical behavior and said it is considering tighter scrutiny on work done by contractors to ensure the company is billed accurately, according to a memo seen by Reuters on Friday. Citi has struggled to fix weaknesses in its controls and risk management. "Citi has zero tolerance for fraudulent and unethical behavior from our employees, non-employees and suppliers," according to the internal Citi memo seen by Reuters.
2024-09-20
American Airlines in talks to pick Citigroup over rival bank Barclays for crucial credit card deal, sources say
Sep 20, 2024, 9:00 AM
American has been working with banks and card networks on a new deal with the aim of consolidating its business with a single issuer, sources tell CNBC.
2024-09-10
Big bank stocks slide as executives temper earnings and digest less onerous capital increases
Sep 10, 2024, 5:12 PM
Big bank executives delivered mostly tempered and cautionary comments around the uncertainty of earnings going forward at a conference hosted by Barclays Monday and Tuesday.