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2024-11-18


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, 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


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


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.

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The bank's third-quarter report is scheduled for release before the market open.

2024-09-29


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.

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2024-09-27


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 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 executives delivered mostly tempered and cautionary comments around the uncertainty of earnings going forward at a conference hosted by Barclays Monday and Tuesday.

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