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CITIGROUP FRAUD EVENT
US stocks Dow, S&P 500, and Nasdaq move uneasily as Trump calms China trade fears, banks start to recoverUS stocks turned higher after President Trump said high tariffs on China will not stay. This helped markets recover from earlier losses cau...- Road to a $3.7 trillion Stablecoin market is full of obstaclesStablecoins are on the brink of mainstream adoption, with the US Senate advancing legislation and major firms like PayPal and Amazon eyeing...
- Citigroup plans to slash IT contractors, hire staff to improve controlsCitigroup plans to reduce its reliance on IT contractors from 50% to 20% and hire thousands of new employees to enhance its internal techno...
- Wall Street Week Ahead: US election, Fed meeting loom in big week for marketsNext week, the U.S. presidential election and the Federal Reserve's monetary policy meeting bring potential market volatility. Polls show a...
- Breaking the ceiling: Meet CTOs at the forefront of change at Wipro and Kotak Mahindra BankWhile one is a rare breed in the tech landscape, the other is trying to future-proof a financial firm through an end-to-end technology tran...
- Deposits are another pain point for capital-hungry YES BankYES has had a tumultuous 2019 with new CEO unable to raise funds needed to bolster ratios.
- Has Wall Street been tamed? Fines, job cuts and anger take tollWall Street has long prided itself as a hotbed of innovation, today it’s ensnared in a web of rules to prevent bankers from once again thre...
- Don’t see this bear market rally ending anytime soon: Shankar Sharma, First Global"The bear market started in 2008. We are now seeing the beginning of it becoming a true bear market as opposed to being a stealth bear mark...
- Rivals seen circling crisis hit SocGenThe French government rose to the defence of beleaguered Societe Generale even as speculation mounted on Monday that the bank could face a ...
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